US Rice University Scholarship for Indian Students [$2 Million], Apply Online

US Rice University Scholarship for Indian Students: Rice Global India opened its doors in Bengaluru on Monday, marking the expansion of the US-based research university into India. The new global center in Bengaluru will act as a strategic hub that will allow Rice University to engage with the best academic and research institutions in India. The center will also lead the effort to help the university navigate its operations in India, in addition to bolstering academic and research collaboration initiatives with many other institutions, like the Indian Institute of Science Bengaluru and the IIT Kanpur.

As part of its expansion, Rice University is launching a US Rice University Scholarship program that will provide up to $2 million in funding annually to Indian students. By supporting professional master’s degrees through exchange programs, scholarships help Rice expand its global reach and draw in top talent from India. The university has the capacity to grow as demand rises, but it is initially committing $2 million annually.

US Rice University Scholarship
US Rice University Scholarship for Indian Students [$2 Million], Apply Online

$2 Million US Rice University Scholarship 2024

Rice University President Reginald Desroches said in a statement that “these scholarships are part of a larger strategy to support international students, particularly from India, who are seeking advanced academic opportunities in fields such as artificial intelligence, biotechnology and renewable energy.” By providing these resources, we hope to ensure that talented students receive the best education possible at Rice University.

  • Rice University continues its tradition of providing full funding for its doctoral programs by offering master’s level scholarships.
  • Since the university anticipates strong demand for its PhD programs, particularly in interdisciplinary fields like healthcare, technology, and environmental sustainability, all PhD scholars receive extensive support packages that include complete tuition coverage and an annual stipend of over $35 thousands.

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Rice University will also start an undergraduate student exchange program to improve academic and cultural ties between India and the US. Under this program, students from partner institutions in India will receive full reimbursement for their educational expenses, fostering greater intercultural understanding and collaboration between the two nations.

  • Under the undergraduate student exchange program, all of the costs for students from partner universities in India will be paid for, promoting both academic and cultural exchange.
  • As part of its expansion, Rice University is strengthening its partnerships with prestigious institutions such as the Indian Institute of Technology Kanpur and Indian Institute of Science (IISc) Bengaluru.
  • According to university officials, these alliances will support cutting-edge research projects and cooperative efforts in important fields of shared interest like biotechnology, artificial intelligence, healthcare, and sustainable energy.
  • Additionally, Karnataka IT Minister PriyankKharge met with officials from Rice University to discuss ways to promote Global Capability Centers (GCC), an investment initiative that aims to conduct collaborative research projects between academia and GCCs.
  • The global center located in India’s IT capital will develop plans to start official operations in the area and deepen partnerships with leading Indian academic and research institutions.

How to Apply for US Rice University Scholarship?

If you want to apply for Rice Investments Rice University Scholarship Programme, follow these steps:

Step 1: Financial Assistance Application

To be eligible for need-based aid, you must complete the Standard Financial Aid Application for the 2024–2025 academic year. You must:

FAFSA for 2024–20

  • School Code: 003604
  • Complete the Free Application for Federal Student Aid (FAFSA) and provide accurate financial information.

IRS tax return transcript or IRS data retrieval tool

  • Taxpayers (parents or students) must submit an IRS Tax Return Transcript or use the IRS Data Retrieval Tool to input their 2021 tax information.

CSS profile for 2024–2025

  • School Code: 6609
  • Complete the College Rice University Scholarship Service (CSS) profile, which includes up-to-date asset information, income and tax data through 2022.
  • Both the custodial and non-custodial parent (if applicable) must complete their own CSS Profile.

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Step 2: Tax Documents

You will need to provide tax documentation to support your financial info. Here’s what’s needed:

Parent and student tax documentation through the IDOC student dashboard

  • Submit your 2022 tax return with all W-2s, 1099s and associated schedules.
  • If your household owns an S-corporation or partnership, you may need to request a copy of the business return.
  • If you have not filed a (student) tax return, submit a Non-Tax Filer Statement from the College Board.
  • Parents who have not filed a tax return should use Form 4506-T to request an IRS non-filer letter issued after October 1, 2023, and the College Board’s Parent Non-Tax Filer Statement Must also be completed.

2022 Tax Documents for Non-Custodial Parent (if applicable)

  • If the non-custodial parent is part of your financial situation, submit their 2022 tax returns, W-2s, 1099s, and related schedules.
  • If applicable, request a copy of the business return for the noncustodial parent who is an S corporation or partnership.

To apply go to: https://financialaid.rice.edu/types-aid/merit-scholarships

Completing these steps and providing the required documents is important to apply for the Rice Investments Rice University Scholarship. Be sure to follow the instructions carefully to increase your chances of receiving financial assistance.

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