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Rice University

8% accepted | 4k undergrads | Private | Houston, TX
All majors

$90k

Earnings help
trending_up 4%

$11k

Debt help
71%

1.7

Repay help
79
Houston Texas Area
San Francisco Bay Area
Austin Texas Area
travel Postgrad lifestyle
Key metrics
Publisher ranking help
star star star star star_half
4.7
Student review help
star star star star star
4.2
Student-to-faculty
6:1
Years to repay cost help
1.68
Graduation rate
 
96%
Graduate on time help
 
89%
Retention rate help
 
97%
Earnings after 4 yrs
90k
Lifestyle Majors Campus Overview

Costs

State residency
Family income

Tuition & fees
trending_up 4.8% last 3 years

$58,128

Expenses see detail

$20,150
QuestBridge help

Books & supplies

$1,400

Housing & meals
On campus

$15,900

Personal expenses

$2,850
 
 

Other

$
Costs or offsets to adjust sticker price.

Sticker price (COA) help
in_home_mode In-state
[name] help

$78,278

Estimated aid help
Based on income

$62,954

Estimated net cost

$15,324

4-year net cost (x4)
Inflation adj. 3%

$64,110
 
Personalize my costs. help
 
 
Funding Sources

4-year budget

$
College savings (529), earnings in college.

Funding gap (debt)

$64,110
Merit: 8% of students (7% w/o need) get $20,368 (avg) in aid. Need: 100% met. See detail
Aid detail
Residency: US | Int’l
% undergrads awarded merit aid $ merit award help % need met
All students Without need Average With need
8% 7% $20,368 100%
Need methodology: FM and IM
How is merit calc'd?
emoji_objects Merit aid is based on student academics, not financial need and is paid by the college.
emoji_objects Students awarded merit aid often have a high GPA or test scores near or above the 75th percentile. See scores
Endowment $ / student: $904,628 help
CSS: US, Int'l, NCP | IDOC help
rice.edu: Financial aid | Net price calc
brightness_alert
Net price is for all freshman, not just the 56% that receive grant and scholarship aid. help

Earnings

Major

Earnings after 4 years N/A

$89,718

Real earnings ---
Inflation adj. 8% help

$96,895

Tax rate

%
Get earnings after tax here to adjust rate.
 

Earnings after tax (AT)

$72,671

Select repayment plan

For $64,110 funding gap (debt)
Debt detail

% AT earnings to repay debt
$453/mo help

%
20% is a fast repayment level. help

% interest rate on debt

%
Federal rates with 20% PLUS. help
Plan comparison for $64k debt help

$89k
28%

10-yr repay
 
$25k interest

$136k
53%

25-yr repay
 
$72k interest

$136k
53%

% earnings
 
$72k interest

Annual debt repayment

$5,436

Earnings after tax and debt ---

$67,235

Lifestyle

Postgrad earnings and expenses

emoji_objects Cities with the star within the red area may be unaffordable. help
Major: College (all majors) | 100%
Location adjusted Less tax, debt + cost of living Savings
Ratio Earnings Tax Repay Expenses / Deficit
Rice University 1.15x 97k
Location neutral earnings help 1.00x 85k
HOU | Houston, TX 0.96x 81k -20k -5k -32k =23k 
SF | San Francisco, CA 1.76x 149k -37k -5k -60k =46k 
ATX | Austin, TX 1.15x 97k -24k -5k -36k =31k 
DTX | Dallas, TX 1.07x 90k -23k -5k -34k =29k 
NYC | New York, NY 1.57x 133k -33k -5k -52k =42k 
HOU | Houston, TX 0.96x 81k -20k -5k -32k =23k 
emoji_objects Location adjusted earnings - taxes - debt repay - cost of living expenses = ending savings / deficit.
emoji_objects The colleges’ ratio reflects a weighted average of their graduates’ cost of living. Location neutral earnings is the weighted average of all graduates across all colleges, which is ~$39k or Salt Lake City’s cost of living.
Taxes help

Expenses

Grad destination

Houston-The Woodlands-Sugar Land, TX Area

Popular grad destinations

Houston Texas Area
San Francisco Bay Area
Austin Texas Area
Dallas/Fort Worth Area
Greater New York City Area
Washington D.C. Metro Area
Greater Boston Area
Greater Los Angeles Area
Greater Seattle Area
Greater Denver Area
Greater Chicago Area
Greater Atlanta Area

Earnings after tax and debt ---

$67,235
Cost of living | 1 adult, 0 children

Studio apartment
$710 - $1,610/mo help

$8,520

Grocery shopping help

$3,043

Transportation

$9,560

Healthcare

$4,124

Necessities help

$4,985

Entertainment help

$1,994
 

Other

$
Costs or offsets to adjust cost of living.

Total cost of living

$32,226

Earnings after tax, debt + cost of living
Savings
Deficit

$35,009
Cost of living ratio: 0.96x
Methodology and documentation
Costs help
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GradBetter is not affiliated with any college or educational institution. Our goal is to organize information that families may find useful and help students graduate in a better place. Our calculations are estimates for educational and illustrative purposes only and should not be construed as financial or tax advice. Please consult a qualified professional regarding financial decisions.
All of our estimates, including aid, need, merit, earnings, debt, cost of living, etc… are just that, estimates. They are not binding on GradBetter nor a final representation of your aid award or any outcome. A college’s aid policies and costs are subject to change and may not be fully reflected in our estimates.