[gyrccc]

They are indeed doing a graduation reduction:

> Another part of the program will help students whose family income surpasses the maximum: If their family's income is between $130,000 and $200,000, they can still get grants covering at least half of their tuition.

Presumably there're more nuanced factors to consider for families with incomes between $130k and $200k beyond what can be expressed by a simple equation.

[psychometry]

I'm right. From their own website:

https://financialaid.rice.edu/thericeinvestment