<p>for entering freshman, tuition will be a little over 35,000. its of inflation and the extra residential college fees they didnt include before. i heard this from a financial aid person at rice, so i'm not just making his up. its was also in the "rice thresher". this sux...</p>
<p>Your numbers are pretty close, but they also include books + spending money. The numbers they gave us were:</p>
<p>Tuition: 23,310, fees: 436, room and board: 8,980. For a total of 32,726. throw in about 1,200 for books and 2,000 for personal expenses and it will be close to 36,000.</p>
<p>Thanks for the update on the numbers... and it's still much cheaper than most privates. :D</p>
<p>well, i liked it when rice was $10000 cheaper than most privates as oppose to $5000.</p>
<p>True, but they did increase the amount of some merit awards.</p>
<p>Have most privates not also increased their prices?</p>
<p>I think most privates increase, for example, Brown increased their tuition by 4.9%.</p>
<p>The price of colleges overall are increasing, yet Rice is still significantly cheaper than its competition; however, I am still uneasy about the price increase, as it does not bode well for my being able to finance Law School, regardless of how much more expensive other schools are.</p>
<p>I hope you'll be able to finance law school, nspeds.</p>
<p>coqui-- happy 300th post!! You're now a "member" and not a "junior member."</p>
<p>Rice's increase is no different from the other schools. Books and personal expenses are variable depending on your frugality and field of study. My d borrowed some books, bought some online. I don't believe she spent more than $600. this year on books. I think if you look just at Rice's tution,fees and room and board amount, then compare it to other similar schools, you'll still find a difference of about $10,000.
I just checked a couple of universities' tution and fees online - but most haven't posted their increases yet. Believe me, they are ALL going up!</p>
<p>icymoon,</p>
<p>thanx. i didnt even notice until you said something...haha.</p>
<p>yep, college tuition is soaring! Buying books online is the best way to cut back.</p>
<p>Thank you icymoon:-)</p>
<p>True all colleges increase their tuition, but Rice raised it by whopping 12% (others on average have raised about 5%).....If the trend continues for the next 4 years, the cost differential may evaporate.</p>
<p>yeah, why did rice increase it by so much?? that's INSANE... : (</p>
<p>I don't know if that was meant to be a rhetorical question - but if not,
Rice had to increase it's tuition because the economic model it is using pretty much isn't feasible. It is difficult to maintain D1 sports, top-notch facilities, stellar research, etc. while charging such a small cost to the students (and having a very small student body that is paying). As costs increase faster than inflation, Rice does not want to use a greater percentage of the endowment for operating costs (it already uses more on a percentage basis than almnost any other school). As Rice wants to expand in national recognition, endowment will mean more than tuition rates.</p>
<p>On the upside, Rice remains far cheaper than comparable schools. Also, as someone said, merit aid has increased, and Rice continues to meet 100% of demonstrated need.
Comparing percentages between schools can give very skewed results, by the way - for example, if a school that originally cost 34,000 goes up 5%, the increase is $1700. If Rice's tuition increases 12%, from about 20,000, that's an increase of $2400. So even though the percentage is more than twice as high, the actual increase is not. If it's any consolation, U. of Richmond had a 30% increase, and it was more expensive than Rice to start with.</p>
<p>Rice should charge top dollar to those who can afford it, and then redistribute the wealth in the form of financial aid. You know, rob the rich to feed the poor.<---(says the guy anxiously awaiting his financial aid decision)</p>
<p>I've always had a problem with the statement "Rice meets 100% of demonstrated need." Of course I realize this is based on the FAFSA and CSS, which IMO are totally unrealistic. In fact, I just completed both for the upcoming year and our SAR number went up by 7K! Other than borrowing, there is no way we can come up with what they say our expected family contribution is. At this rate, by the time my son has completed his undergraduate degree, we'll be in debt for close to 100K! Can you tell I'm depressed?</p>
<p>I know- "demonstrated need" is a pretty deceptive term. It wouldn't matter if my parents were billionaires, if they only gave me a few thousand dollars towards my tuition, then I would have difficulty paying for it. Granted, I think poor kids deserve more money than rich ones, but they shouldn't use the term "demonstrated need."</p>
<p>Unfortunately, the notion of egalitarian (re)distribution is implausible on ethical grounds.</p>