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My family needs help in meeting the family contribution. What options are available?

April 26, 2017contribution family help meeting Needs Options

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My family needs help in meeting the family contribution. What options are available?

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Rice offers a payment plan to allow families to pay in installments. Rice also participates in the federal parent loan program (PLUS) to allow parents to borrow low-interest loans. Many families use a combination of the payment plan and the PLUS loan to meet the cost. Information about the payment plan and the PLUS loan is included with the summer bill. Students also have the option of assisting in the cost through both subsidized and unsubsidized federal Stafford student loan programs as well as private loan options. 14.