Rice University

In 2022, tuition for full-time students at Rice University was $54,100 a year.

In 2022, tuition increased 3.9%–from $52,070 the previous year. On average, college tuition rises about 3% year.

Remember, the "sticker price" of tuition doesn't give you enough information to determine the actual cost of attending any given college. Many students pay way less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make theprice of collegemore manageable until after graduation.

Rice University: In-state vs. Out-of-State Tuition

Rice University is a private, nonprofit institution, which means it has the same tuition for residents of Texas as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a school where you are eligible for in-state tuition can drastically reduce the total cost of attending college. Be sure to check your state's guidelines for how to qualify for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.

Explore other Texas colleges

Is Rice University's Tuition Different for International Students?

Tuition at Rice is the same for every student.

International students usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or school-specific aid and scholarships. International students who demonstrate financial need may be eligible for the following types of financial support at Rice:

•Rice-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Rice University Housing Expenses, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Rice.

Room and Board Costs at Rice

Housing and campus dining at Rice is $15,000 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat in the Rice's on-campus cafeterias and dining facilities. Students who live off campus but would like to be able to eat in the campus dining can choose to be on a meal plan. The cost of a mean plan, or board-only, is $10,200.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Rice?

The cost of books often surprises first-year college students. The real cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools offer resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

The Cost of Transportation at Rice

The total cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can drastically impact your transportation budget. At Rice, freshman are allowed to park on campus.

The location of a college or university can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city may be pricey, but there may be more trains, busses and low-cost flight options to actually get to school. Rice Universityis located in a urban setting in Texas, near Houston.

Other Costs

When you're planning for college, be sure to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Financial Breakdown for Rice University

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Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for Rice.

How Much Does Rice Cost?

What will the cost of attending Rice be? Here is a breakdown of tuition and expenses.

2022 Total Tuition and Expenses
Tuition	$54,100
Room and Board	$15,000
Board Only	$4,800
Other expenses	$2,800

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$74,110
Off-Campus	$63,910

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Rice University

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In 2022, 1,953 of the 4,247 undergrads enrolled received financial aid. Rice meets 100% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $57,375 a year. Around 20% of Rice undergrads take out student loans to cover any remaining costs. Rice graduates who have student loans graduate with an average of $22,253 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$11,670
State Loans	$32,162
Private Loans	$54,183

Most Common Loans for Rice Students
Federal Loans	20%
State loans	1%
Private loans	4%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Rice financial aid, keep reading, or visit their financial aid website.

Scholarships at Rice University

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2022, Rice awarded 1,924 need-based scholarships to students, giving away total of $102.5 million to help students with financial need cover the cost of school. An additional $9.18 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Rice University

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Rice students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Rice was $57,375 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Rice seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$16,735
Off-Campus	$6,535

What will attending Rice really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Rice's net cost calculator on their website.

Rice University Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Rice offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Rice Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Rice has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

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Learn More About Rice University

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