College Comparison
Massachusetts Institute of Technology vs Rice University
Compare acceptance rates, costs, test scores, graduation rates, and more to find your best fit.
At a Glance
Type
Private
Private
Location
Cambridge, MA
Houston, TX
Total Enrollment
11,886
8,961
Undergrad Enrollment
4,535
4,789
Student-Faculty Ratio
3:1
6:1
Admissions
Acceptance Rate
4.5%
8.0%
Average GPA
4.00
3.96
SAT Range
1520–1580
1510–1570
ACT Range
34–36
34–35
Test Policy
Required
Optional
Application Fee
$75
$75
Total Applicants
28,232
32,473
Cost & Value
Sticker Price
$77,870
$72,200
Avg Net Price
$20,000
$12,640
Tuition (In-State)
$57,590
$54,100
Tuition (Out-of-State)
$57,590
$54,100
Room & Board
$20,280
$18,100
% Receiving Aid
59.0%
56.0%
Avg Grant Amount
$61,734
$56,199
Outcomes
6-Year Grad Rate
97.0%
93.0%
4-Year Grad Rate
90.0%
88.0%
Retention Rate
99.0%
97.0%
Median Earnings (10yr)
$143,372
$89,718
More Comparisons
Compare MIT with...
View MIT profile →
Compare Rice with...
View Rice profile →
Explore by Location
MIT is in Cambridge, MA
Rice is in Houston, TX
Frequently Asked Questions
The average net price at MIT is $20,000 per year, compared to $12,640 at Rice University. Rice University is $7,360 less expensive on average after financial aid.
Admitted students at MIT typically score between 1520-1580 on the SAT (25th-75th percentile). At Rice University, the typical SAT range is 1510-1570. Scoring within or above these ranges will make you a competitive applicant.
MIT has a graduation rate of 97%, while Rice University has a graduation rate of 93%. MIT has the higher graduation rate, indicating strong student support and retention.
MIT has a student-to-faculty ratio of 3:1, while Rice University has a ratio of 6:1. MIT offers smaller class sizes on average, which typically means more individual attention from professors.
At MIT, 59% of students receive financial aid with an average grant of $61,734. At Rice University, 56% of students receive aid with an average grant of $56,199.
The median earnings for MIT graduates 10 years after enrollment is $143,372, compared to $89,718 for Rice University graduates. Graduates from MIT tend to earn more on average, though individual outcomes vary by major and career path.
MIT is located in Cambridge, MA in a city: midsize setting. Rice University is located in Houston, TX in a city: large setting.