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Rank: 13

Rice University

Houston, TXwww.rice.edu
Rice University is one of the most elite private colleges in the Southwest, with a graduation rate of 93%, according to MONEY's analysis. The classes are small, and undergraduates have opportunities to work with some of the world's top researchers. The typical student scored in the high 600s or low 700s on each section of the SAT and majors in engineering, social sciences or biology. The university also is well-respected in the field of political science. Rice is relatively diverse: Undergraduate students are almost evenly split between men and women, about a quarter are Asian, and 14% are Hispanic. About 15% of students are considered low-income. Rice graduates are highly valued by employers. The average recent alum reports earning about $65,700, according to PayScale. Rice has no fraternities. Social life, instead, revolves around residential houses. They 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. Famous alumni include astronaut Peggy Whitson.
costs
Est. Full Price 2018-2019
$64,700
% of students who get any grants
63%
Est. price for students who receive aid
$23,700
Average price for low-income students
$5,400
admissions
Acceptance rate
15%
Median SAT/ACT Score
1490/34
SAT/ACT required?
Yes
Enrollment
4,036
Financial Aid
% of students with need who get grants
98%
% of need met
100%
% of students who get merit* grants
10%
Average merit grant
$19,019
student success
Graduation rate
93%
Average time to a degree
4.1 years
Average student debt
$10,200
Average salary within 3 years
$65,700
% of low-income students who become upper middle class
49%
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, Equality of Oppourtunity Project.

* 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, Equality of Oppourtunity Project.

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