Rice University

www.rice.edu/

Add Comparison

2020 Undergraduate Tuition

$50,310

4.1% growth from 2019

2020 Average Net Price

$19,215

After Financial Aid

2020 Acceptance Rate

10.9%

23,455 Applicants

2020 Enrolled Students

7,643

93.6% Full-Time

2020 Graduation Rate

94.2%

891 Graduates

About

Rice University is a higher education institution located in Harris County, TX. In 2020, the most popular Bachelor's Degree concentrations at Rice University were General Computer & Information Sciences (125 degrees awarded), Biochemistry (71 degrees), and General Economics (57 degrees).

In 2020, 2,318 degrees were awarded across all undergraduate and graduate programs at Rice University. 44.7% of these degrees were awarded to women, and 55.3% awarded men. The most common race/ethnicity group of degree recipients was white (866 degrees), 1.99 times more than then the next closest race/ethnicity group, asian (436 degrees).

The median undergraduate tuition at Rice University is $50,310, which is $21,747 more than the national average for Doctoral Universities ($28,563).

About the photo: Duncal Hall at Rice University

Photo by Tendenci Software

Costs

The median undergraduate tuition at Rice University is $50,310, which is $21,747 more than the national average for Doctoral Universities ($28,563).

After taking grants and loans into account, the average net price for students is $19,215.

In 2020, 64% of undergraduate students attending Rice University received financial aid through grants. Comparatively, 8% of undergraduate students received financial aid through loans.

Tuition Costs

$50,310

2020 Undergraduate Tuition

In 2020, the cost of tuition at Rice University was $50,310. The cost of tuition at Rice University is $21,747 more than than the overall (public and private) national average for Doctoral Universities ($28,563).

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

Average Net Price

$19,215

2020 Value

5.51%

1 Year Growth

In 2020 Rice University had an average net price — the price paid after factoring in grants and loans — of $19,215. Between 2019 and 2020, the average net price of Rice University grew by 5.51%.

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.

Other Student Expenses

$14,140

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Rice University was of $14,140 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 1% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

64%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at Rice University received financial aid through grants or loans in 2020. This represents a growth of 1.59% with respect to 2019, when 63% 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.

Admissions

Rice University received 23,455 undergraduate applications in 2020, which represents a 13.4% annual decline. Out of those 23,455 applicants, 2,555 students were accepted for enrollment, representing a 10.9% acceptance rate.

There were 7,643 students enrolled at Rice University in 2020, and 59% of first-time enrollees submitted SAT scores with their applications.

Rice University has an overall enrollment yield of 38.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

10.9%

Acceptance Rate in 2020

2,555

Accepted Out of 23,455

In 2020, the undergraduate acceptance rate of Rice University was 10.9% (2,555 admissions from 23,455 applications). This is higher than the acceptance rate of 2019, which was 8.72%. Between 2019 and 2020, the number of applicants declined by −13.4%, while admissions grew by 8.22%.

This chart compares the acceptance rate of Rice University (in red) with that of other similar universities.

SAT Scores

59%

Submission Percentage

588

Scores Submitted

59% of enrolled first-time students at Rice University in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Rice University has a total enrollment of 7,643 students. The full-time enrollment at Rice University is 7,156 students and the part-time enrollment is 487. This means that 93.6% of students enrolled at Rice University are enrolled full-time.

The enrolled student population at Rice University, both undergraduate and graduate, is 33.4% White, 19.6% Asian, 11.9% Hispanic or Latino, 6.36% Black or African American, 3.55% Two or More Races, 0.0916% Native Hawaiian or Other Pacific Islanders, and 0.0785% American Indian or Alaska Native.

Students enrolled at Rice University in full-time Undergraduate programs are most commonly White Male (17.4%), followed by Asian Female (15%) and White Female (13.2%). Students enrolled in full-time Graduate programs are most commonly White Male (24.9%), followed by White Female (12%) and Asian Male (6.32%).

Full-Time vs Part-Time Enrollment

93.6%

Full-Time Enrollment

The total enrollment at Rice University, both undergraduate and graduate, is 7,643 students. The full-time enrollment at Rice University is 7,156 and the part-time enrollment is 487. This means that 93.6% of students enrolled at Rice University are enrolled full-time compared with 76.5% at similar Doctoral Universities.

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

Retention Rate over Time

97%

2020 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 97%. Compared with the full-time retention rate at similar Doctoral Universities (85%), Rice University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
2,553
Asian
1,498
Hispanic or Latino
907

The enrolled student population at Rice University is 33.4% White, 19.6% Asian, 11.9% Hispanic or Latino, 6.36% Black or African American, 3.55% Two or More Races, 0.0916% Native Hawaiian or Other Pacific Islanders, and 0.0785% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 50% White, 15% Hispanic or Latino, and 9.69% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 137 students (1.79%) did not report their race.

Graduates

In 2020, 246 fewer women than men received degrees from Rice University. The most common race/ethnicity group of degree recipients at Rice University is white (866 degrees awarded). There were 1.99 times more white graduates than the next closest race/ethnicity group, asian (436 degrees).

The most common Bachelor's Degree concentration at Rice University is General Computer & Information Sciences (125 degrees awarded), followed by Biochemistry (71 degrees) and General Economics (57 degrees).

The most specialized majors across all degree types at Rice University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (72 degrees awarded), Philosophy and Religious Studies (45 degrees), and Physical Sciences (147 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rice University are Software developers (433,658 people), Other managers (390,299 people), Miscellaneous engineers, including nuclear engineers (339,762 people), Civil engineers (256,738 people), and Postsecondary teachers (218,617 people).

The most specialized majors at Rice University are Architecture and Related Services (72 degrees awarded), Philosophy and Religious Studies (45 degrees), Physical Sciences (147 degrees), Math & Statistics (129 degrees), and Engineering (314 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rice University are Surgeons, Securities, commodities, & financial services sales agents, Physicians, Aerospace engineers, and Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining

Common Industries by Major

Architectural, engineering & related services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Rice University are Architectural, engineering & related services (565,649 people), Computer Systems Design (500,992 people), Colleges, universities & professional schools, including junior colleges (380,659 people), Construction (304,884 people), and Elementary & secondary schools (234,318 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Rice University.

Most Common

General Computer & Information Sciences
125 degree-majorss awarded
Biochemistry
71 degree-majorss awarded
General Economics
57 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Rice University was General Computer & Information Sciences with 125 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Rice University according to their major.

Sex Breakdown for Common Majors

1,282

Degrees Awarded to Men

in 2020

1,036

Degrees Awarded to Women

in 2020

In 2020, 1,282 degrees were awarded to men at Rice University, which is 1.24 times more than the number of degrees awarded to females (1,036).

This chart displays the sex disparity between the top 5 majors at Rice University by degrees awarded.

Most Common Male Majors

In 2020, 279 degrees were awarded to men at Rice University in General Business Administration & Management, which is 2.36 times more than the 118 female recipients with that same degree.

Most Common Female Majors

In 2020, 118 degrees were awarded to women at Rice University in General Business Administration & Management, which is 0.423 times less than the 279 male recipients with that same degree.

Time to Complete

86%

100% Completion Time

95%

150% Completion Time

In 2020, 86% of students graduating from Rice University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 95% 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 Doctoral Universities 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Rice University is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

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, 0.449% of graduates (4 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
866 degrees awarded
Asian
436 degrees awarded
Hispanic or Latino
241 degrees awarded

The most common race/ethnicity at Rice University is white (866 degrees awarded). There were 1.99 times more white recipients than the next closest race/ethnicity group, asian (436 degrees).

2.8% of degree recipients (65 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
477 degrees awarded
White Female
389 degrees awarded
Asian Female
221 degrees awarded

The most common race/ethnicity and sex grouping at Rice University is white male (477 degrees awarded). There were 1.23 times more white male recipients than the next closest race/ethnicity group, white female (389 degrees).

Operations

Rice University has an endowment valued at nearly $6.17B, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−1.18%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities.

In 2020, Rice University had a total salary expenditure of $786M. Rice University employs 310 Professors, 140 Lecturers, and 123 Assistant professors. Most academics at Rice University are Male Professors (236), Female Lecturers(80), and Female Professors (74).

The most common positions for non-instructional staff at Rice University are: Computer, Engineering, and Science, with 664 employees, Business and Financial Operations, with 443 employees, and Management with 292 employees.

Endowment

$6.17B

2020 Endowment

5.22%

decline from 2019

Rice University has an endowment valued at about $6.17B, as of the end of the 2020 fiscal year. The endowment of Rice University declined 5.22% from the previous year. The value of their endowment was $5.86B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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 Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$94.6M - Federal
$9.24M - State
$0 - Local

As of 2020, Rice University received $94.6M in grants and contracts from the federal government, $9.24M from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$370M

2020 Salaries

2.1%

growth from 2019

In 2020, Rice University paid a median of $370M in salaries, which represents 47.1% of their overall expenditure ($786M) and a 2.1% growth from the previous year. This is compared to a 4.52% growth from 2018 and a 3.93% growth from 2017.

The median for similar Doctoral Universities is 238M (42.6% of overall expenditures).

Instructional Salaries

$103M

Instructional Salaries

698

Number of Employees

In 2020, Rice University paid a total of $103M to 698 employees working as instructors, which represents 27.8% of all salaries paid.

This is compared to a median of $70.3M (29.6%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

310 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

664 Employees

In 2020, the most common positions for instructional staff at Rice University were Professor with 310 employees; Lecturer with 140 employees; and Lecturer with 123 employees.

In 2020, the most common positions for non-instructional staff at Rice University were Computer, Engineering, and Science with 664 employees; Business and Financial Operations with 443 employees; and Management with 292 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Lecturer
Female Professor

In 2020, the most common demographic for instructional staff at Rice University was Male Professor with 236 employees, Female Lecturer with 80 employees, and Female Professor with 74 employees.

This chart shows the sex split between each academic rank present at Rice University.