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Rank: 120

Carnegie Mellon University

Pittsburgh, PAwww.cmu.edu/
Carnegie Mellon University is just over a century old -- a relative newbie compared to the elite universities it is often grouped alongside. Still, much of modern-day campus life is influenced by the private research university's history. Students in the marching band perform in kilts and knee-high socks, and the school's mascot is the Scottish Terrier, both of which are nods to founder Andrew Carnegie's Scottish roots. The university even offers a bagpiping major within its music school. But true to its founding as a technology school, Carnegie Mellon is best known for programs in computer science, engineering, and information technology. Each spring for 100 years, student teams have designed and built "buggies," which look like a cross between a soapbox car and a luge racer, for a race called the Buggy Sweepstakes (or Buggy for short). Another well-known custom draws students outside in the middle of the night to paint a campus fence that serves as an announcement board for student groups. Tradition dictates the hours the fence can be painted -- between midnight and sunrise -- and that students must then stand guard to keep other groups from claiming the fence for their own message.
costs
Est. Full Price 2019-2020
$73,200
% of students who get any grants
52%
Est. price for students who receive aid
$31,800
Average price for low-income students
$12,920
admissions
Acceptance rate
22%
Median SAT/ACT Score
1500/34
SAT/ACT required?
Yes
Enrollment
6,434
Financial Aid
% of students with need who get grants
96%
% of need met
94%
% of students who get merit* grants
5%
Average merit grant
$15,142
student success
Graduation rate
89%
Average time to a degree
4.2 years
Average student debt
$26,460
Average salary within 3 years
$73,600
% of low-income students who become upper middle class
53%
key deadlines
Early decision application
Nov 1
Regular application
Jan 1

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Opportunity Insights.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Opportunity Insights.

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