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Rank: 28

The University of Texas at Austin

Students at the University of Texas at Austin live every day like it's game day. The rivalries between the Longhorns and their neighboring Texas schools -- not to mention the University of Oklahoma -- are fierce, and students develop a healthy sense of community and pride in their school, as well as the charming city of Austin. UT-Austin students approach academics with equal zeal. There are a quite a few strong programs available at the sprawling university, which includes the high-ranking McCombs School of Business. UT-Austin has a graduation rate of 83%, according to MONEY's calculations, about 8% higher than other universities that have students with similar test scores and economic backgrounds. Those who do graduate go on to earn early-career salaries of about $59,100, according to PayScale. It may be easy to feel like a small calf in a giant corral at UT, but students find their niche by joining some of the more than 1,100 organizations on campus, among them the Innervisions Gospel Choir, the Actuarial Science Club, and the Bengali Students Association. Greek life is prevalent. Students can also spend their free time hanging out on The Drag, where several restaurants and coffee shops are located, or head to one of many concerts in the city often called the "live music capital of the world."
costs
Est. Full Price 2019-2020
$26,600
% of students who get any grants
50%
Est. price for students who receive aid
$15,300
Average price for low-income students
$11,330
admissions
Acceptance rate
36%
Median SAT/ACT Score
1340/30
SAT/ACT required?
Yes
Enrollment
39,965
Financial Aid
% of students with need who get grants
81%
% of need met
71%
% of students who get merit* grants
N/A
Average merit grant
$2,444
student success
Graduation rate
83%
Average time to a degree
4.3 years
Average student debt
$21,500
Average salary within 3 years
$59,100
% of low-income students who become upper middle class
44%
key deadlines
Early decision application
N/A
Regular application
Dec 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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