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Rank: 18

Rice University

Rice University is one of the most elite private colleges in the Southwest, with an acceptance rate of 10% and a graduation rate of 95%. Classes are small at the Houston-based university, with a tiny 6:1 student-faculty ratio, and undergraduates have opportunities to work with some of the world's top researchers. Popular majors include social sciences, engineering, and natural sciences, though Rice offers more than 80 undergrad programs in all. Rice is relatively diverse: Undergraduate students are almost evenly split between men and women, about a quarter are Asian, and 16% are Hispanic. Rice graduates are highly valued by employers. The average recent alum reports earning about $66,500, which is about 6% higher than expected. Rice doesn't have fraternities or sororities, and social life revolves around residential houses, where some 75% of undergrads live. People compete in activities such as water balloon fights and the annual Beer Bike relay race, which requires cyclists to chug beer (or water) and then pedal laps. Rice also attracts prestigious speakers and events. Its stadium has hosted a Super Bowl, and President John F. Kennedy delivered a famous speech about the space race there in 1962. Notable alumni include astronaut Peggy Whitson and former White House press secretary Josh Earnest.
CORONAVIRUS UPDATE
FALL 2020 PLAN: Rice is offering "dual delivery" classes, with a mix of in-person and remote instruction.
costs
Est. Full Price 2020-2021
$66,700
% of students who get any grants
63%
Est. price for students who receive aid
$24,200
Average price for low-income students
$6,400
admissions
Acceptance rate
11%
Median SAT/ACT Score
1510/34
SAT/ACT Required for Fall 2021?
no
Enrollment
3,960
Financial Aid
% of students with need who get grants
98%
% of need met
100%
% of students who get merit* grants
11%
Average merit grant
$20,780
student success
Graduation rate
95%
Average time to a degree
4.1 years
Average student debt
$11,990
Average salary within 5 years
$66,500
% earning more than $28,000
87%
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.

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

coronavirus update

FALL 2020 PLAN: Rice is offering "dual delivery" classes, with a mix of in-person and remote instruction.

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

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

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