NO DEBT, NO PROBLEM

Rice University announces no-debt financial aid for more students

It's now easier to attend Rice. Photo courtesy of Rice University

Attending the Ivy League of the South just got a lot easier for myriad students. All students — domestic or international — who attend Rice University and qualify for need-based financial aid will be able to receive assistance without taking out student loans, according to the school.

Additionally, the university announced that full-tuition scholarships will now be awarded to eligible undergraduates with family incomes between $75,000 and $140,000. Families making more than $140,000 — specifically between $140,000 and $200,000 — will receive scholarships covering at least half of their tuition.

Current and incoming students will see these game-changing adjustments reflected in their financial aid profiles beginning in the fall semester of 2022, per a press release.

This new policy is aimed at students from low-income families, as students with family incomes below $75,000 will receive grant aid covering not only full tuition, but also all mandatory fees and room and board. The move comes in response to the devastation caused by the global pandemic, a release notes.

“The original goal of the Rice Investment is to invest in the promise of students, regardless of their financial background,” said Anne Walker, assistant vice president and executive director of university financial aid services, in a statement. “By offering financial aid packages without loans, we are continuing to invest in our students and their ability to create a bright future free from student debt.”

This has been a busy — and robust — season for Rice. In November, Princeton Review and Entrepreneur magazine ranked Rice University as the No. 1 graduate entrepreneurship program in the United States for 2022. Also in November, Reginald DesRoches, who currently serves as the university’s provost, was named as the next (and only eighth in history) president.

In October, personal finance website WalletHub named Rice No. 1 in Texas and a No. 6 ranking nationally among colleges and universities.

------

This article originally ran on CultureMap.

Trending News

Building Houston

 
 

Here's your latest roundup of innovation news you may have missed. Photo via Getty Images

It's been a new month and a few Houston startup wrapped up November with news you may have missed.

In this roundup of short stories within Houston startups and tech, three Houston startups across health care, space, and sports tech have some news they announced recently.

Houston digital health company launches new collaboration

Koda Health has a new partner. Image via kodahealthcare.com

Houston-based Koda Health announced a new partnership with data analytics company, CareJourney.

"This collaboration will aim to develop benchmarking data for advance care planning and end-of-life metrics," the company wrote on LinkedIn. "Koda will provide clinical and practice-based expertise to guide the construction of toolkits, dashboards, and benchmarks that improve ACP programs and end-of-life outcomes."

Koda Health announced the partnership in November..

“Beyond the checkbox of a billing code or completed advance directive, it’s important to build and measure a process that promotes thoughtful planning among patients, their care team, and their loved ones,” says Desh Mohan, MD, Koda's chief medical officer, in the post.

CareJourney was founded in 2014 in Arlington, Virginia.

"I'm hopeful next-generation quality measures will honor the patient’s voice in defining what it means to deliver high quality care, and our commitment is to measure progress on that important endeavor," noted Aneesh Chopra, CareJourney's co-founder and president.

Sports tech startup raises $500,000 pre-seed investment

BeONE Sports has created a technology to enhance athletic training. Photo via beonesports.com

Houston-founded BeONE Sports, an athlete training technology company, announced last month that it closed an oversubscribed round of pre-seed funding. The company announced the raise on its social media pages that the round included $500,000 invested.

Earlier in November, BeONE Sports completed its participation in CodeLaunch DFW 2022. The company was one of six finalists in the program, which concluded with a pitch event on November 16.

Space tech company snags government contracts

Graphic via cognitive space.com

The U.S. Air Force has extended Houston-based Cognitive Space’s contract under a new TACFI, Tactical Funding Increase, award. According to the release, the contract "builds on Cognitive Space’s work to develop a tailored version of CNTIENT for AFRL to achieve ultimate responsiveness and optimized dynamic satellite scheduling via a cloud-based API.

The $1.2 million award follows a $1.5 million U.S. Air Force Small Business Innovation Research award that the company won in 2020 to integrate CNTIENT with commercial ground station providers in support of AFRL’s Hybrid Architecture Demonstration program.

“The TACFI award allows Cognitive Space to continue supporting AFRL’s vitally important HAD program to help deliver commercial space data to the warfighter,” says Guy de Carufel, the company’s founder and CEO, in the releasee. “CNTIENT’s tailored analytics platform will enable HAD and the GLUE platform to integrate modern statistical approaches to optimize mission planning, data collection, and latency estimation.”

Trending News