Rice University

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2022 Undergraduate Tuition
$54,100
3.9% growth from 2021
2022 Average Net Price
$19,902
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
8.68%
31,443 Applicants
2022 Enrolled Students
8,672
92.2% Full-Time
2022 Graduation Rate
93.6%
912 Graduates

About

Rice University is a higher education institution located in false. In 2022, the most popular Masters Degree concentrations at Rice University were Other Management Sciences & Quantitative Methods (604 degrees awarded), General Computer & Information Sciences (70 degrees), and Stringed Instruments (40 degrees).

The median undergraduate tuition at Rice University is $54,100.

In 2020 the default rate for borrower's at Rice University was 0%, corresponding to 0 out of the 437 total borrowers.

About the photo: Duncal Hall at Rice University

Costs

In 2022, the median undergraduate tuition at Rice University is $54,100

After taking grants and loans into account, the average net price for students is $19,902.

In 2022, 63% of undergraduate students attending Rice University received financial aid through grants. Comparatively, 7% of undergraduate students received financial aid through loans.

Tuition Costs

$54,100
2022 Undergraduate Tuition

In 2022, the cost of tuition at Rice University was $54,100.

This chart compares the tuition costs of Rice University (in red) with those of other similar universities.

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Average Net Price

$19,902
2022 Value
7.46%
1 Year Growth

In 2022 Rice University had an average net price — the price paid after factoring in grants and loans — of $19,902. Between 2021 and 2022, the average net price of Rice University grew by 7.46%.

This chart compares the average net price of Rice University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$14,800
Room and Board
$1,300
Books and Supplies

The average yearly cost of room and board at Rice University was of $14,800 in 2022. The cost of room and board increased by 2.07% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies increased by 4% during the same period.

This chart compares the average student costs at Rice University (in red) with that of similar universities.

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Financial Aid by Income Level

63%
Undergraduates Receiving Financial Aid through Grants
7%
Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Rice University received financial aid through grants or loans in 2022. This represents a decline of 1.56% with respect to 2021, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Rice University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Rice University was 0%, which represents 0 out of the 437 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Rice University received 31,443 undergraduate applications in 2022, which represents a 6.43% annual growth. Out of those 31,443 applicants, 2,730 students were accepted for enrollment, representing a 8.68% acceptance rate.

There were 8,672 students enrolled at Rice University in 2022. 53% of first-time enrollees submitted SAT scores with their applications.

Rice University has an overall enrollment yield of 44.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

8.68%
Acceptance Rate in 2022
2,730
Accepted Out of 31,443

In 2022, the undergraduate acceptance rate of Rice University was 8.68% (2,730 admissions from 31,443 applications). This is lower than the acceptance rate of 2021, which was 9.48%. Between 2021 and 2022, the number of applicants grew by 6.43%, while admissions declined by 2.57%.

This chart compares the acceptance rate of Rice University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

53%
Submission Percentage (2022)
635
Scores Submitted (2022)

53% of enrolled first-time students at Rice University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Rice University had a total enrollment of 8,672 students in 2022. The full-time enrollment at Rice University is 7,998 students and the part-time enrollment is 674. This means that 92.2% of students enrolled at Rice University are enrolled full-time.

Students enrolled at Rice University in full-time Undergraduate programs are most commonly White Male (16.1%), followed by Asian Female (15.8%) and Asian Male (13.4%). Students enrolled in full-time Graduate programs are most commonly White Male (18.5%), followed by White Female (8.88%) and Asian Male (6.05%).

Full-Time vs Part-Time Enrollment

92.2%
Full-Time Enrollment

The total enrollment at Rice University in 2022, both undergraduate and graduate, is 8,672 students. The full-time enrollment at Rice University is 7,998 and the part-time enrollment is 674.

This chart shows the full-time vs part-time enrollment status at Rice University (in red) compares to similar universities.

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Retention Rate over Time

98%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Rice University was 98%.

This chart shows the retention rate over time at Rice University (highlighted in red) compares to similar universities.

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Graduates

The most common Masters Degree concentration at Rice University is Other Management Sciences & Quantitative Methods (604 degrees awarded), followed by General Computer & Information Sciences (70 degrees) and Stringed Instruments (40 degrees).

Time to Complete

85%
100% Completion Time
94%
150% Completion Time

In 2022, 85% of students graduating from Rice University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 95% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Rice University is Male and Two or More Races (100% graduation rate). Across all , Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.86% of graduates (17 students) did not report their race.

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Operations

Rice University has an endowment valued at nearly $7.84B, as of the end of the 2022 fiscal year.

In 2022, Rice University had a total salary expenditure of 836M.

The most common positions for non-instructional staff at Rice University are: Computer, Engineering, and Science, with 677 employees, Business and Financial Operations, with 497 employees, and Management with 334 employees.

Endowment

$7.84B
2022 Endowment
2.91%
decline from 2021

This line chart shows how the endowment at Rice University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the false Carnegie Classification grouping.

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Instructional Salaries

$118M
Instructional Salaries
746
Number of Employees

In 2022, Rice University paid a total of $118M to 746 employees working as instructors, which represents 30.9% of all salaries paid.

This is compared to a median of $N/A (N/A%) for similar N/A.

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Occupations by Share

Computer, Engineering, and Science
Most Common Non-Instructional Employee
677 Employees

In 2022, the most common positions for non-instructional staff at Rice University were Computer, Engineering, and Science with 677 employees, Business and Financial Operations with 497 employees, and Management with 334 employees.

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