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Rice University Tuition & Cost Guide


Cost to Attend

Sticker Price
$60,518
Costs for Rice University
Fee Cost
Tuition$43,220
Books and Supplies$800
Other Fees$698
Room and Board $13,750
Other Expenses Budget$2,050

Annual Prices

The annual list price to attend Rice University on a full time basis for 2016/2017 is $60,518 for all students regardless of their residency. This fee is comprised of $43,220 for tuition, $13,750 room and board, $800 for books and supplies and $698 for other fees.

Net Price

Average Net Price '14/'15
$20,512
Net Price by Income Rice University
Family Income Net Price Paid
$0 to $30,000$6,468
$30,001 to $48,000$6,083
$48,001 to $75,000$11,537
$75,001 to $110,000$22,683
$110,000+$32,042

The average reported annual net price for Rice University for students receiving grants or scholarship aid was $20,512 in 2014/2015.

Financial Aid

Finanical Aid Rice University
Type Avg./Student Students Receiving
Annual Total Grant Aid $33,779 58%
Pell Grant $4,280 15%
Federal Student Loan $4,375 17%

The average reported annual net price for Rice University for students receiving grants or scholarship aid was $20,512 in 2014/2015.

Scholarships to Study in the U.S.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rice University, we've modeled a ten year student loan with an original principal value of $78,700. The loan balance of $78,700 is a four year multiple of the $19,675 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $822 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan $78,700
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $821.72
Total Interest Paid $19,906.14
Sum of All Loan Payments $98,606.14

Projected 4 Year Degree Price

4 Year Sticker Price
$242,072
Year 1 Year 2 Year 3 Year 4
All Residents $60,518 $63,403 $66,426 $69,594

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Rice University to be $242,072 - assuming graduation in normal time. The estimation assumes a 4.8% annual increase over the next 4 years which has been the recent trend for this school.

Cost Credit Hour and Price per Class

Credit Hour and Class Costs at Rice University
Price Per Credit 4 Credit Class 3 Credit Class
All Residents $1,801 $5,403 $7,204

Estimated cost for a class at Rice University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Rice University versus other colleges.

Tuition Payment Plans Available

Rice University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=227757 IPEDS survey data for Rice University.

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