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Rank: 29

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%, slightly higher than other universities that have students with similar test scores and economic backgrounds, according to Money's calculations. Those who do graduate go on to earn early-career salaries of about $57,900, 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."
CORONAVIRUS UPDATE
FALL 2020 PLAN: The University of Texas at Austin is offering a mix of in-person, virtual, and hybrid teaching options, although students could choose to take the entire semester remotely.
costs
Est. Full Price 2020-2021
$27,300
% of students who get any grants
49%
Est. price for students who receive aid
$14,800
Average price for low-income students
$11,900
admissions
Acceptance rate
39%
Median SAT/ACT Score
1360/30
SAT/ACT Required for Fall 2021?
no
Enrollment
40,330
Financial Aid
% of students with need who get grants
77%
% of need met
70%
% of students who get merit* grants
1%
Average merit grant
$2,510
student success
Graduation rate
83%
Average time to a degree
4.3 years
Average student debt
$20,000
Average salary within 5 years
$57,900
% earning more than $28,000
85%
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.

* 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: The University of Texas at Austin is offering a mix of in-person, virtual, and hybrid teaching options, although students could choose to take the entire semester remotely.

* 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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