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Rank: 27

The University of Texas at Austin

Austin, TXwww.utexas.edu
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. Popular majors include business, biology, communications and political science. UT-Austin has a graduation rate of 81%, 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 salaries of about $56,900, which is about 8% higher than graduates from similar schools. 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 1,300 organizations on campus. Greek life is prevalent, especially on the alcohol-heavy social scene. 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 2018-2019
$26,100
% of students who get any grants
48%
Est. price for students who receive aid
$17,200
Average price for low-income students
$12,400
admissions
Acceptance rate
40%
Median SAT/ACT Score
1280/29
SAT/ACT required?
Yes
Enrollment
42,827
Financial Aid
% of students with need who get grants
80%
% of need met
70%
% of students who get merit* grants
0%
Average merit grant
$2,502
student success
Graduation rate
81%
Average time to a degree
4.4 years
Average student debt
$22,300
Average salary within 3 years
$56,900
% 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, 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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