Private Nonprofit Graduate Excellent 91/100

Rice University

A private R1 research university in Houston, TX, admitting 8% of applicants with a $13,370 average net price and 6.47% federal loan rate.

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Houston, Texas

About Rice University

Rice University is a private R1 research university in Houston, Texas, founded in 1912. It enrolls 4,776 undergraduates and 4,172 graduate students across six schools: the Wiess School of Natural Sciences, the George R. Brown School of Engineering, the School of Social Sciences, the School of Humanities, the School of Architecture, and the Shepherd School of Music. Engineering, natural sciences, and social sciences account for the largest shares of bachelor's degrees.

Rice holds a Doctoral University: Very High Research Activity (R1) Carnegie classification and is accredited through the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). Rice is test-optional; submitting SAT or ACT scores is not required. Rice's residential college system divides all undergraduates into eleven residential colleges at matriculation; students remain members of their college for all four years.

Acceptance
8%
Graduation
90.3%
Net Price
$13,370
Median Earnings (10yr)
$89,718
Enrollment
4,776
Student : Faculty
6:1

Accreditor Southern Association of Colleges and Schools Commission on Colleges
Academic Calendar Semester

How It Measures Up

UCD scores every college on four pillars: Outcomes, Value, Affordability, and Selectivity. Within peer group A (four-year selective institutions), Rice scores 91.18 overall, rated Excellent. Value scores 96.54, the second highest in this peer group, driven by an average net price of $13,370 combined with strong graduate outcomes. Selectivity scores 99.02, reflecting an 8% admit rate that places Rice among the five most selective universities in the country. Affordability scores 46.41. All scores use verified federal data only.

Excellent
91/100
UCD Score · 4-Year Selective
Outcomes 98
Value 97
Affordability 46
Selectivity 99

Admissions & Acceptance Rate

Rice is among the most selective universities in the country, admitting 8% of applicants. Rice is test-optional; submitting SAT or ACT scores is not required. Students who submit scores typically average 1,553 on the SAT, with the middle 50% ACT range between 34 and 35. Rice uses the Common App with a required supplemental essay; applicants may indicate a preferred school or undecided.

The Early Decision deadline is November 1 (binding); the Regular Decision deadline is January 1. Rice's admissions review places significant weight on intellectual curiosity, community contribution, and fit with the residential college culture. Architecture applicants must submit a portfolio in addition to the standard application.

Acceptance Rate
8%
Highly Selective
SAT Range (25th–75th)
1510 – 1570
Reading + Math combined
ACT Range (25th–75th)
34 – 35
Cumulative composite
Test Policy Not Considered Standardized test scores are not used in admissions decisions.

5-Year Admission Trend

Acceptance rate over the last five admission cycles. The trend tells you whether Rice University is getting harder, easier, or staying about the same.

Stable 0.8 pts since 2019
8.7%201910.9%20209.5%20218.7%20227.9%2023

Cost & Financial Aid

Rice charges $64,144 in tuition plus $18,100 in room and board, bringing the estimated total cost of attendance to approximately $82,000 before aid. Rice meets 100% of demonstrated financial need for admitted domestic students, with no loans in aid packages.

The average net price after all grants and scholarships is $13,370, one of the lowest at any institution with an admit rate below 10%. For families earning under $30,000, the average net price is $5,827. For families earning between $30,001 and $48,000, the average net price is $563, essentially free. For families earning between $75,001 and $110,000, the net price averages $17,755. For families earning above $110,000, it averages $48,466.

Average Net Price
$13,370
Per year, after typical aid
Receive Pell Grants
17%
Need-based federal aid
Receive Federal Loans
6%
Borrowing to attend

Full Cost Breakdown

Published cost of attendance, the sticker price before grants and scholarships. Most students underestimate room & board and other expenses.

Tuition & Fees
$64,144
Room & Board (on-campus)
$18,100
Room & Board (off-campus)
$18,100
Books & Supplies
$1,440
Other Expenses (on-campus)
$4,140
Other Expenses (off-campus)
$3,640
Total Cost of Attendance
$79,788

Application fee: $75 (one-time, due at submission)


Net Price by Family Income

Aid is need-based, so net price varies by family income. Here's what each bracket typically pays after grants and scholarships.

  • Under $30,000
    $5,827
  • $30,001 – $48,000
    $563
  • $48,001 – $75,000
    $3,217
  • $75,001 – $110,000
    $17,755
  • Over $110,000
    $48,466

Debt at Graduation

Cumulative federal-loan debt across the full borrowing distribution. The 10th and 90th percentiles bracket the typical range; the median sits in the middle.

$3,114
10% percentile
$5,784
25% percentile
$11,000
Median percentile
$18,000
75% percentile
$26,763
90% percentile

Median Debt by Student Type

Median federal-loan debt at graduation broken down by demographic. Each slice's size is proportional to the dollar amount that group typically borrows.

GroupDebtvs Median
Pell recipients $8,570 ↓ $2,430
No Pell $10,000 ↓ $1,000
Female students $10,000 ↓ $1,000
Male students $8,626 ↓ $2,374
Pell recipients: 23.0% (2,534 students)No Pell: 26.9% (2,957 students)Female students: 26.9% (2,957 students)Male students: 23.2% (2,551 students)Overall Median$11,000
Worth knowing: Students who don't finish leave with a median debt of $5,784, less than completers ($11,000), but still a meaningful obligation without a degree in hand.

Graduation Rate & Retention

Rice completes the large majority of the students it enrolls. The six-year graduation rate is 94.64% for full-time, first-time bachelor's-seeking students. The four-year rate is 90.28%, and first-year retention stands at 97.50%. Rice's federal loan rate of 6.47% and median debt of $11,000 are among the lowest at any selective private university in the country, consistent with the no-loan aid policy reaching a large share of enrolled students.

6-Year Graduation Rate
90%
Of students who graduate within six years
First-Year Retention
98%
Returning for their second year
What this means: Strong completion signals. Most students who start, finish.

After Graduation: Earnings & Outcomes

Rice graduates earn above the national median for private research universities. Median earnings are $79,751 six years after first enrolling and $89,718 at ten years. At the ten-year mark, 90.58% of former students earn more than a typical high school graduate.

The ten-year figure is lower than at schools with heavier finance or technology concentrations, reflecting Rice's balanced program mix across engineering, natural sciences, social sciences, humanities, architecture, and music. Rice engineering graduates, particularly in electrical engineering and computer science, typically earn significantly above the institutional median; humanities and architecture graduates vary more by career path.

Median Earnings (10 yrs)
$89,718
Earning > $25K
91%
10 yrs after entry

Earnings Growth After Graduation

Median annual earnings 6, 8, and 10 years after students first enrolled.

$77,000$81,000$84,000$88,000$91,0006 yrs8 yrs10 yrs

Earnings by Demographic

Mean annual earnings 10 years after entry, segmented by demographic. Reveals gaps the headline median can't show.

By Gender

Female graduates
$75,200

Median earnings for female grads ten years after first enrolling here.

Male graduates
$108,700

Median earnings for male grads ten years after first enrolling here.


By Family Income at Entry

Family income (lowest third)
$86,100

Earnings of grads from the bottom-third of family incomes at entry.

Family income (middle third)
$89,600

Earnings of grads from the middle-third of family incomes at entry.

Family income (highest third)
$96,000

Earnings of grads from the top-third of family incomes at entry.

The gender gap: Male graduates earn $33,500, about 31% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.

Loan Repayment Progression

Share of completer-cohort borrowers paying down at least $1 of principal at the 1-, 3-, 5-, and 7-year mark. Climbing rates show graduates settling into careers and managing debt; flat or declining rates are a warning.

Climbing: graduates increasingly paying down debt 7.0 pts across 6 years
88.3%1yr90.7%3yr92.9%5yr95.3%7yr
What this signals: Excellent. 95% of graduates were paying down at least $1 of principal seven years out.

Who Studies Here

Rice enrolls 4,776 undergraduates on its residential campus in Houston's Museum District, adjacent to Hermann Park and the Texas Medical Center. Asian students account for 29.10% of undergraduates; white 25.57%, Hispanic 16.69%, and Black 7.89%. Seventeen percent of undergraduates receive Pell grants, and 14.48% are first-generation college students.

Houston is the fourth-largest city in the United States and the center of the global energy industry; the Texas Medical Center, the largest medical complex in the world with over 60 institutions and 106,000+ employees, is adjacent to campus and provides extensive research and clinical opportunities for pre-health and biomedical students.

Total Enrolled
4,776
Part-Time
2%
First-Generation
14%

Race & Ethnicity Breakdown

Undergraduate student body composition reported to the US Department of Education.

GroupShareStudents
Asian 29.1% 1,390
White 25.6% 1,221
Hispanic 16.7% 797
International 12.8% 611
Black 7.9% 377
Other 5.8% 275
Asian: 29.1% (1,390 students)White: 25.6% (1,221 students)Hispanic: 16.7% (797 students)International: 12.8% (611 students)Black: 7.9% (377 students)Other: 5.8% (275 students)Total4,776

Student Life & Campus Culture

Where students live, learn, and connect at Rice University. The campus setting, housing profile, and signals that shape day-to-day life here.

Setting
Large City Houston, Texas
Housing
Strongly residential 3,477 beds for 4,776 students
Adult Learners
0% of students are 25 or older
Athletics
NCAA athletic-conference member
Academic Calendar
Semester scheduling structure

What You Can Study

Rice University offers an extensive catalog of programs: 127 distinct programs across 24 majors. Below are its strongest majors, each with flagship programs and typical earnings. Open a major to explore it in depth, or browse the full program catalog.

5 Programs
3 Programs
24 Programs
8 Programs
9 Programs
10 Programs
9 Programs
6 Programs

Faculty & Resources

Rice operates at a 6:1 student-to-faculty ratio. 83.81% of instruction is delivered by full-time faculty. Instructional spending per full-time equivalent student is $47,816 per year. The endowment stands at $7.93 billion, which relative to Rice's small undergraduate enrollment represents one of the highest per-student endowment figures in the country.

Rice's proximity to the Texas Medical Center supports biomedical research partnerships with Baylor College of Medicine, MD Anderson Cancer Center, and the University of Texas Health Science Center. The Jones Graduate School of Business offers MBA and professional programs connected to Houston's energy, finance, and healthcare industries.

Student : Faculty
6:1
Students per instructional faculty member
Endowment
$8.6B
Strong financial cushion supports aid and stability
Avg Faculty Salary
$162,424
9-month equivalent across all ranks

Faculty by Rank

779 instructional faculty across 6 ranks. The rank mix shows how many senior faculty are teaching versus contingent or junior staff, with average salary equated to a 9-month contract.

Rank Faculty Count Share Avg Salary
Full Professors 318 41% $227,272
Associate Professors 129 17% $140,477
Assistant Professors 184 24% $129,967
Instructors 16 2% $65,570
Lecturers 131 17% $84,739
No Rank 1 0% $70,000

Pros & Cons of Rice University

Rice's defining strengths are its Value score (96.54, second highest in peer group A), an average net price of $13,370 with no loans in aid packages, a federal loan rate of 6.47% and median debt of $11,000 among the lowest at any selective university, and a 6:1 student-to-faculty ratio on a small residential campus. UCD 91.18 Excellent. The residential college system creates strong undergraduate community despite the urban Houston setting.

The trade-offs are modest: ten-year earnings of $89,718 are below peer schools with heavier CS or finance concentrations; Rice's national name recognition outside of engineering and science communities is lower than its actual academic quality; and Houston is a car-dependent city that requires adjustment for students from walkable urban environments. Best fit for students who want Ivy-equivalent selectivity and academic depth with exceptional financial aid, a small residential campus, and proximity to one of the most concentrated research and medical environments in the country.

PROS
  • Below-average net price
  • Highly selective, strong peer cohort
  • Small classes (low student-faculty ratio)
  • Strong six-year graduation rate
  • Strong first-year retention
  • Above-average post-graduation earnings
CONS
  • Highly competitive admissions, many strong applicants are rejected
  • Very high published cost of attendance (full-pay families pay much more than the net-price average)
  • Predominantly serves middle- and upper-income families
Best for: Based on the data, Rice University is a fit for students prioritizing post-graduation earnings; students seeking a highly selective peer group.

Frequently Asked Questions about Rice University

The questions below address what students and families most commonly search about Rice: how selective admissions are, how financial aid compares to peer schools, what the residential college system is, and what graduates earn.

Is Rice hard to get into?
Yes. Rice admits 8% of applicants, placing it among the five most selective universities in the country. Students who submit scores typically average 1,553 on the SAT, with the middle 50% ACT range between 34 and 35. Rice is test-optional. The Early Decision deadline is November 1 (binding); the Regular Decision deadline is January 1. Architecture applicants must submit a portfolio in addition to the standard application.
How much does Rice cost?
Tuition is $64,144 per year. Room and board adds $18,100, bringing the estimated total cost of attendance to approximately $82,000 before aid. Rice meets 100% of demonstrated financial need with no loans in aid packages. The average net price after all grants is $13,370. For families earning between $30,001 and $48,000, the average net price is $563, essentially free.
What is the average net price at Rice?
The average net price after all grants and scholarships is $13,370 per year. For families earning under $30,000, the net price is $5,827. For families earning between $30,001 and $48,000, it is $563. For families earning between $75,001 and $110,000, it is $17,755. For families earning above $110,000, the average net price is $48,466. Rice's average net price is comparable to Vanderbilt ($15,846) and lower than most Ivy League institutions.
Does Rice include loans in financial aid?
No. Rice meets 100% of demonstrated financial need with no loans in financial aid packages. All demonstrated need is met through grants and work-study. The federal loan rate of 6.47% and median debt of $11,000 confirm this, with any borrowing representing students who choose to take loans beyond their aid award. This is comparable to Ivy League no-loan policies.
What is Rice's residential college system?
Rice divides all undergraduates into eleven residential colleges at the time of matriculation: Lovett, Will Rice, Hanszen, Wiess, Jones, Brown, Martel, Duncan, McMurtry, Sid Richardson, and Margarett Root Brown. Students remain members of their residential college for all four years, regardless of where they live. Each college has its own culture, traditions, dining, and social life. The system is similar to Oxford and Cambridge college structures and is a defining feature of the Rice undergraduate experience.
What do Rice graduates earn?
Median earnings are $79,751 six years after first enrolling and $89,718 at ten years. At the ten-year mark, 90.58% of former students earn more than a typical high school graduate. The ten-year median is lower than at schools with heavier technology or finance concentrations because Rice's program mix includes engineering, natural sciences, social sciences, humanities, music, and architecture. Engineering and computer science graduates typically earn above the institutional median.
What is Rice's graduation rate?
The six-year graduation rate is 94.64% for full-time, first-time bachelor's-seeking students. The four-year rate is 90.28%. First-year retention stands at 97.50%. The federal loan rate of 6.47% and median debt of $11,000 are among the lowest at any selective private university.
Is Rice good for engineering?
Yes. The George R. Brown School of Engineering is consistently ranked among the top engineering schools in the country, with particular strength in electrical and computer engineering, chemical and biomolecular engineering, and mechanical engineering. The proximity of the Texas Medical Center creates exceptional biomedical engineering research opportunities. Rice engineering graduates are strongly recruited by energy, technology, and healthcare employers in Houston and nationally.
Is Rice need-blind in admissions?
Yes. Rice is need-blind for domestic applicants: financial need does not affect the admissions decision. Rice meets 100% of demonstrated financial need for all admitted domestic students and does not include loans in financial aid packages.
Is Rice in a good location?
Houston is the fourth-largest city in the United States with major industries in energy, healthcare, aerospace, and technology. Rice is located in the Museum District adjacent to Hermann Park and the Texas Medical Center, the largest medical complex in the world. The campus is walkable and connected to Houston's growing light rail system. The city is car-dependent outside the immediate Rice area, which is a practical consideration for students who prefer walkable urban environments.
Is Rice accredited?
Rice is regionally accredited through the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). Engineering programs hold ABET accreditation, the Jones Graduate School of Business holds AACSB accreditation, and the School of Architecture holds NAAB accreditation. The Shepherd School of Music holds NASM accreditation.

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