Rice University vs Massachusetts Institute of Technology (MIT)

Rice University and Massachusetts Institute of Technology (MIT) stand as two of the most prestigious academic institutions in the United States, each offering a world-class education and a vibrant campus life. While they share a commitment to excellence, these universities differ in several key aspects. Rice boasts a lower acceptance rate, a more diverse student body, and a higher graduation rate, while MIT is renowned for its strength in STEM fields, particularly engineering and computer science. Explore our comprehensive comparison table to delve into the specifics of these differences and discover which university better aligns with your academic aspirations and personal preferences.
Massachusetts Institute of Technology logo

Massachusetts Institute of Technology

Rice University logo

Rice University

Overview

Location Cambridge, Massachusetts Houston, Texas
Campus setting City: Midsize City: Large
College type 4 year 4 year
Control/business model Private (Non Profit) Private (Non Profit)
Calendar system 4-1-4 Semester
Degrees offered Undergraduate and Graduate Undergraduate and Graduate
Students retention rate 99.0% 97.0%
Common app member No Yes
Religious affiliation

Admission

Acceptance rate 4.1% 9.5%
Application fees
Undergraduate: $75

Graduate: $75
Undergraduate: $75

Graduate: $85
SAT range N/A 1490 - 1570
ACT range N/A 34 - 35
Students submitting SAT score 46.0%
Students submitting ACT score 29.0%
Total number of applicants 33,240 29,544
Total number of admissions given out 1,365 2,802
Admitted students who chose to enroll 1,177 1,226
Yield rate 86.2% 43.8%
Test scores (SAT/ACT) N/A N/A
High school GPA Not required Not required
Recommendation letters Required Required
High school transcript Not required Not required
English proficiency test (e.g. TOEFL) Not required Required

Tuition and Fees

Sticker price $58,920 $71,745
Average net price $30,958 $18,521
Tuition $55,510 $52,070
Room & board
Room/dormitory: $11,550

Meal plan: $6,550
Room/dormitory: $10,100

Meal plan: $4,700
Available payment plans
  • Tuition payment plan
  • Prepaid tuition plan
  • Tuition payment plan

Financial Aid

Students receiving financial aid

(Grants & scholarships)

100.0%
Average amount $32,562
61.0%
Average amount $51,036
Students receiving federal student loan 6.0%
Average amount $5,112
9.0%
Average amount $4,982
Students taking out private loans 1.0%
Average amount $17,891
2.0%
Average amount $24,340

Students and Campus

Undergraduate students 4,638
Men 51.9% Women 48.1%
4,247
Men 51.5% Women 48.5%
Graduate students 7,296
Men 62.0% Women 38.0%
4,038
Men 63.9% Women 36.1%
Racial/ethnic diversity
Moderate
Moderate
Out-of-state students N/A 56.1%
International students 29.2% 25.5%
Campus local/setting City: Midsize City: Large
Dormitory capacity 6,280 3,533
First year students are required to live on campus? No No
Top 5 states where most U.S. students come from California Texas New York Florida New Jersey Texas California New York Florida Illinois

Academics

Popular study areas
  • Engineering
  • Business
  • Computer and Information Science
  • Architecture
  • Mathematics and Statistics
  • Business
  • Engineering
  • Computer and Information Science
  • Social Sciences
  • Physical Science
Students to faculty ratio 3:1 6:1
Institutional accreditation New England Commission on Higher Education Southern Association of Colleges and Schools Commission on Colleges

Outcome

Graduation rate 96.2% 92.3%
Dropout rate 3.0% 6.9%
Transferred out N/A N/A
Alumni salary by major (Top 10)
Electrical, Electronics and Communications Engineering (Master's Degrees)
  • Year 1: $144,716
  • Year 2: $150,045
  • Year 3: $183,153
Business/Commerce, General (Master's Degrees)
  • Year 1: $170,089
  • Year 2: $165,236
  • Year 3: $182,183
Computer Science (Bachelor's Degrees)
  • Year 1: $118,191
  • Year 2: $127,993
  • Year 3: $163,496
Mathematics (Bachelor's Degrees)
  • Year 1: $82,796
  • Year 2: $117,572
  • Year 3: $155,540
Systems Engineering (Master's Degrees)
  • Year 1: $133,685
  • Year 2: $137,214
  • Year 3: $155,079
Electrical, Electronics and Communications Engineering (Bachelor's Degrees)
  • Year 1: $104,229
  • Year 2: $121,226
  • Year 3: $139,548
Electrical, Electronics and Communications Engineering (Doctoral Degrees)
  • Year 1: $141,603
  • Year 2: $126,504
  • Year 3: $132,987
Mechanical Engineering (Doctoral Degrees)
  • Year 1: N/A
  • Year 2: $112,885
  • Year 3: $124,425
Mechanical Engineering (Master's Degrees)
  • Year 1: $135,266
  • Year 2: $111,435
  • Year 3: $112,404
Aerospace, Aeronautical and Astronautical Engineering (Master's Degrees)
  • Year 1: $109,955
  • Year 2: $104,749
  • Year 3: $109,672
Computer and Information Sciences, General (Bachelor's Degrees)
  • Year 1: $122,770
  • Year 2: $129,481
  • Year 3: $145,256
Business Administration, Management and Operations (Master's Degrees)
  • Year 1: $128,659
  • Year 2: $127,993
  • Year 3: $134,258
Chemical Engineering (Bachelor's Degrees)
  • Year 1: $78,801
  • Year 2: $83,915
  • Year 3: $92,763
Economics (Bachelor's Degrees)
  • Year 1: $87,989
  • Year 2: $72,884
  • Year 3: $81,590
Mechanical Engineering (Bachelor's Degrees)
  • Year 1: $70,400
  • Year 2: $68,219
  • Year 3: $76,594
History (Bachelor's Degrees)
  • Year 1: N/A
  • Year 2: $49,840
  • Year 3: $61,295
Political Science and Government (Bachelor's Degrees)
  • Year 1: N/A
  • Year 2: $50,231
  • Year 3: $59,421
Health and Physical Education/Fitness (Bachelor's Degrees)
  • Year 1: $38,232
  • Year 2: $35,060
  • Year 3: $52,284
English Language and Literature, General (Bachelor's Degrees)
  • Year 1: $28,009
  • Year 2: $46,087
  • Year 3: $46,363
Psychology, General (Bachelor's Degrees)
  • Year 1: $31,474
  • Year 2: $30,119
  • Year 3: $45,615

Frequently Asked Questions


  • What are the key academic strengths of Rice University?

    Rice University is particularly strong in architecture, engineering, and the natural sciences. It also boasts a highly regarded humanities program and a strong emphasis on undergraduate research opportunities. The intimate class sizes and close-knit community foster a collaborative learning environment.

  • What are the key academic strengths of MIT?

    MIT is renowned for its exceptional programs in engineering, computer science, physics, and mathematics. It is a global leader in technological innovation and research. MIT also offers strong programs in architecture, management, and economics, with a focus on practical application and real-world problem-solving.

  • How does the campus environment differ between Rice and MIT?

    Rice University has a more traditional, aesthetically pleasing campus with a focus on collegiate gothic architecture and a residential college system that fosters a strong sense of community. MIT's campus is more urban and integrated with the city of Cambridge, with a focus on modern architecture and a more independent student culture.

  • What is the student culture like at Rice University?

    Rice University is known for its friendly and collaborative student culture. The residential college system creates a strong sense of belonging and encourages social interaction. Students are generally supportive of each other, and there is a strong emphasis on work-life balance.

  • What is the student culture like at MIT?

    MIT's student culture is characterized by a high level of intellectual curiosity, a strong work ethic, and a focus on innovation. Students are often highly driven and engaged in extracurricular activities, research, and entrepreneurship. The environment can be intense, but also incredibly rewarding for those who thrive in it.

  • How does the cost of attendance compare between Rice and MIT?

    Both Rice University and MIT have significant financial aid programs. However, the actual cost of attendance can vary depending on individual circumstances. It's recommended to check the specific financial aid packages offered by each university based on your family's financial situation to determine the most affordable option.

  • What are the research opportunities like at Rice University?

    Rice University offers extensive research opportunities for undergraduates across various disciplines. Students can participate in research projects with faculty members, often starting early in their academic careers. The university's size allows for close collaboration between students and professors.

  • What are the research opportunities like at MIT?

    MIT is a world leader in research, and undergraduates have unparalleled access to research opportunities. Students can work alongside leading researchers in state-of-the-art facilities. Research is a central part of the MIT experience, and students are encouraged to get involved early.

  • How does the location of Rice University compare to MIT?

    Rice University is located in Houston, Texas, a large and diverse city with a thriving economy and a wide range of cultural attractions. MIT is located in Cambridge, Massachusetts, a vibrant city with a strong academic and intellectual atmosphere, close to Boston and its many resources.

  • Which university is better for someone interested in entrepreneurship?

    Both Rice and MIT offer strong resources for aspiring entrepreneurs. MIT, however, has a particularly strong reputation and a well-established ecosystem for startups and innovation, with numerous programs, resources, and connections to venture capital firms. Rice also has a growing entrepreneurial ecosystem, particularly in the energy and technology sectors, but MIT generally has a more established and extensive network.

  • What are the admission requirements for Rice and MIT?

    Both Rice and MIT are highly selective institutions. Admission requirements typically include a strong academic record, standardized test scores (though test-optional policies may be in place), letters of recommendation, and a compelling application essay. Both universities look for well-rounded students with a demonstrated passion for learning and a commitment to their chosen field of study. Specific requirements can be found on each university's admissions website.

  • How does the size of the student body compare?

    Rice University has a smaller undergraduate student body than MIT. This can contribute to a more intimate learning environment and a stronger sense of community at Rice. MIT, being a larger institution, offers a wider range of academic programs and extracurricular activities.

  • Which university is better for a student who values a strong sense of community?

    Rice University is often considered to have a stronger sense of community due to its residential college system and smaller student body. The residential colleges provide a built-in support network and opportunities for social interaction. While MIT also has a strong community, it is often perceived as being more focused on individual pursuits.

  • Which university is better for a student who wants a more relaxed social environment?

    Rice University generally offers a more relaxed social environment compared to MIT. The culture at Rice tends to be less intense, with a greater emphasis on work-life balance and a more collaborative approach to academics. MIT's environment can be more demanding and competitive.

  • How do the career services compare at Rice and MIT?

    Both Rice and MIT have robust career services departments that provide students with resources for career exploration, job searching, and networking. MIT's career services often have a particularly strong focus on STEM fields and entrepreneurship, leveraging the university's extensive industry connections. Rice's career services also offer excellent support, with a focus on a broader range of industries and a strong alumni network.

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