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Massachusetts Institute of Technology vs Rice University

Massachusetts Institute of Technology is extremely selective with a 4.7% acceptance rate, making it harder to get into than Rice University (7.9%). Graduates of Massachusetts Institute of Technology earn $53,654 more per year at the 10-year mark ($143,372 vs $89,718). For families earning $48k–$75k, Rice University is more affordable at $1,348 net price vs $1,480. Students at Rice University graduate with less debt ($11,000 vs $14,768).

Admissions & Outcomes

Massachusetts Institute of Technology has a higher yield rate (85.6%), meaning a larger share of admitted students choose to enroll — a strong signal of student preference. Both schools have similar median SAT scores around 1550, so standardized test scores alone won't differentiate applicants.

Acceptance Rate
4.7%
7.9%
Applicants (2023)
26,904
31,059
Median SAT
1550
1550
Yield Rate
85.6%
46.0%
6-Year Graduation Rate
96.2%
95.7%
Median Earnings (10yr)
$143,372
$89,718
Median Earnings (6yr)
$131,633
$79,751
Median Debt
$14,768
$11,000
Tuition (Out-of-State)
$53,450
$50,310
Room & Board
$16,000
$14,500

Net Price by Family Income

Net price is what you actually pay after grants and scholarships — often far less than the sticker price. It varies dramatically by family income. For low-income families ($0–$30k), Massachusetts Institute of Technology is more affordable at $-2,533 per year. At higher incomes ($110k+), the gap narrows — $48,479 vs $39,303.

Family Income
Massachusetts Institute of Technology
Rice University
$0 – $30k
$-2,533
$3,221
$30k – $48k
$93
$3,666
$48k – $75k
$1,480
$1,348
$75k – $110k
N/A
$18,783
$110k+
$48,479
$39,303

Net price data from College Scorecard. Run each school's net price calculator for a personalized estimate based on your family's finances.

Financial Aid

Institutional grants come directly from the school's endowment and don't need to be repaid. A high institutional grant rate means the school is investing its own funds in affordability. Massachusetts Institute of Technology enrolls more Pell Grant recipients (19%), indicating stronger support for students from lower-income backgrounds.

Metric
Massachusetts Institute of Technology
Rice University
Students Receiving Grants
64%
63%
Average Grant Amount
$55,629
$50,264
Pell Grant Recipients
19%
16%
Institutional Grant Rate
57%
57%
Avg Institutional Grant
$55,983
$51,409

Highest-Earning Majors

Median earnings within two years of graduation. Your choice of major often has a bigger impact on lifetime earnings than the school name on your diploma.

Massachusetts Institute of Technology

  • 1 Computer Science
    $127,993
  • 2 Electrical, Electronics and Communications Engineering
    $121,226
  • 3 Mathematics
    $117,572
  • 4 Economics
    $110,878
  • 5 Business/Commerce, General
    $94,408

Rice University

  • 1 Computer and Information Sciences, General
    $129,481
  • 2 Mathematics
    $97,071
  • 3 Business Administration, Management and Operations
    $89,530
  • 4 Chemical Engineering
    $83,915
  • 5 Statistics
    $79,450

Most Popular Majors

The most popular majors by number of degrees awarded. This gives you a sense of each school's academic strengths and where students concentrate.

Massachusetts Institute of Technology

  • 1 Computer Science
  • 2 Mechanical Engineering
  • 3 Mathematics
  • 4 Electrical, Electronics and Communications Engineering
  • 5 Cognitive Science

Rice University

  • 1 Computer and Information Sciences, General
  • 2 Biology, General
  • 3 Mechanical Engineering
  • 4 Economics
  • 5 Physiology, Pathology and Related Sciences

Campus & Student Body

Enrollment size, diversity, and retention paint a picture of campus culture. A high retention rate means students are satisfied enough to return after freshman year.

Metric
Massachusetts Institute of Technology
Rice University
Total Enrollment
11,920
8,556
Retention Rate
99%
98%
Women
44%
44%
International Students
29%
26%
Asian
21%
21%
Hispanic/Latino
10%
13%
Black
5%
7%
White
23%
26%

For International Students

Key cost and campus considerations for students coming from outside the US.

Massachusetts Institute of Technology

  • International students29%
  • Tuition (international)$53,450
  • Est. total cost/year$69,856
  • School typePublic

Rice University

  • International students26%
  • Tuition (international)$50,310
  • Est. total cost/year$65,607
  • School typePublic

What international students should know

  • International students pay out-of-state tuition at public universities. Private universities charge the same tuition for all students.
  • Most federal financial aid (FAFSA, Pell Grants) is not available to international students. Look for institutional aid and merit scholarships.
  • F-1 visa holders can work on-campus during the school year and use CPT/OPT for internships and post-graduation employment.
  • Schools with a higher international student percentage typically have stronger support services — dedicated international offices, visa advising, and cultural programs.
  • With 29% international enrollment, Massachusetts Institute of Technology likely has a well-established international student community.

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Frequently Asked Questions

Is it harder to get into Massachusetts Institute of Technology or Rice University?

Massachusetts Institute of Technology is more selective with a 4.7% acceptance rate, compared to 7.9%. Both are competitive schools that receive tens of thousands of applications each year.

Which school has higher earnings: Massachusetts Institute of Technology or Rice University?

Massachusetts Institute of Technology graduates earn more at the 10-year mark, with median earnings of $143,372 compared to $89,718. Earnings vary significantly by major — STEM fields typically produce the highest returns at both schools.

Which is cheaper: Massachusetts Institute of Technology or Rice University?

For middle-income families ($48k–$75k), Rice University has a lower net price at $1,348 per year vs $1,480. Net price varies by family income — use each school's net price calculator for a personalized estimate.

What is the graduation rate at Massachusetts Institute of Technology vs Rice University?

Massachusetts Institute of Technology has a higher 6-year graduation rate at 96.2%, compared to 95.7%. A high graduation rate signals strong academic support, student engagement, and a campus culture where students thrive.

Which school has more international students: Massachusetts Institute of Technology or Rice University?

Massachusetts Institute of Technology has a larger international student population at 29% of enrollment. A higher international student percentage often means stronger support services for visa holders, including dedicated international student offices, OPT/CPT guidance, and cultural programming.

What are the highest-paying majors at Massachusetts Institute of Technology and Rice University?

At Massachusetts Institute of Technology, Computer Science graduates earn a median of $127,993 within two years. At Rice University, the top-earning major is Computer and Information Sciences, General at $129,481. Your choice of major often has a bigger impact on earnings than which school you attend.

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