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Harvard William & Mary Villanova Stanford UVA Lehigh Washington and Lee Bucknell Princeton Davidson Colgate Miami| Massachusetts Institute of Technology | University of Richmond | College 3 | College 4 | |
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Overview |
MIT | University of Richmond | ||
| Location | Cambridge, MA | University of Richmond, VA | ||
| Setting | Midsize City | Midsize City | ||
| Enrollment | 11,858 | 3,876 | ||
| Type | Private 4 Year | Private 4 Year | ||
| National Ranking | #8 | #42 | ||
| Religious Affiliation | - | - | - | - |
| Status | Non-profit | Non-profit | ||
| Website | mit.edu | richmond.edu | ||
| Team Colors |
Costs |
MIT | University of Richmond | ||
| Tuition (In State) | $57,590 | $60,330 | ||
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| Tuition (Out of State) | $57,590 | $60,330 | ||
| Room & Board | $18,790 | $14,870 | ||
| Avg Net Price | $20,232 | $29,248 | ||
| Avg Grant Aid | $45,591 | $46,385 | ||
| % Receiving Grant Aid | 71% | 57% |
Admission |
MIT | University of Richmond | ||
|---|---|---|---|---|
| Admission Chances | Calculate | Calculate | ||
| Applied | 33,767 | 14,364 | ||
| Admitted | 1,337 | 3,501 | ||
| Acceptance Rate | 4% | 24.4% | ||
| Enrolled % | 85% | 24.3% | ||
| Avg High School GPA | 3.96 | 3.71 | ||
| Typical High School Grades | A- | A- | ||
| Admissions Standards | Elite | Exceptional | ||
| Applicant Competition | Extreme | Very High | ||
| ACT Range | 35/36 | 32/34 | ||
| SAT Range | 1530/1580 | 1398/1530 | ||
| Submit Test Scores | Required to be considered for admission | Not required for admission, but considered if submitted (Test Optional) | ||
| Application Deadline | Jan 1, 2024 | Jan 1, 2024 |
Academics |
MIT | University of Richmond | ||
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| Student to Faculty Ratio | 3:1 | 8:1 | ||
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Outcomes |
MIT | University of Richmond | ||
| Graduation Rate | 93% | 83% | ||
| Median Earnings (After 10 years) | $142,100 | $73,900 | ||
| Making Student Loan Payments | 92% | 75% | ||
| Median Student Loan Debt | $17,316 | $21,148 | ||
| Median Loan Payment | $179 | $218 |
Diversity |
MIT | University of Richmond | ||
|---|---|---|---|---|
| % Men | 57% | 45% | ||
| % Women | 43% | 55% | ||
| Racial Diversity | Very High | High | ||
| HBCU | No | No | ||
| % White | 37% | 59% | ||
| % Black | 6% | 8% | ||
| % Hispanic | 15% | 7% | ||
| % Native American | 0% | 0% | ||
| % Pacific Islander | 0% | 0% | ||
| % Two or More Races | 6% | 4% | ||
| % International | 10% | 8% | ||
| % Unknown Race | 2% | 6% |
Students |
MIT | University of Richmond | ||
|---|---|---|---|---|
| % In-State | 7% | 15% | ||
| % Out-of-State | 81% | 75% | ||
Campus |
MIT | University of Richmond | ||
| Campus Housing | Yes | Yes | ||
| Freshman Dorm Required | No | No | ||
| Meal Plan | Yes | Yes | ||
| Weekend/Evening Classes | No | Yes | ||
| Daycare Facility | Yes | No | ||
| Learn More | Details | Details |
Comparable Facts
- Massachusetts Institute of Technology is larger than than University of Richmond based on total student enrollment (11,858 students vs. 3,876 students)
MIT vs. University of Richmond Cost Comparison
Which college is more expensive, MIT or University of Richmond?
- University of Richmond is 4.8% more expensive to attend than MIT for in-state tuition ($60,330.00 vs. $57,590.00)
- Out of state tuition is 4.8% higher at University of Richmond than Massachusetts Institute of Technology ($60,330.00 vs. $57,590.00)
- The typical actual cost that students pay to attend (average net price) is less at Massachusetts Institute of Technology than University of Richmond ($20,232 vs. $29,248)
- Living costs (room and board or off-campus housing budget) at University of Richmond are 26.4% lower than costs at Massachusetts Institute of Technology ($14,870 vs. $18,790)
- More students receive financial grant aid at Massachusetts Institute of Technology than University of Richmond (71% vs. 57%)
- The average total grant financial aid received by University of Richmond students is 1.7% larger than aid received Massachusetts Institute of Technology ($46,385 vs. $45,591)
MIT vs. University of Richmond Admissions Difficulty Comparison
Which college is harder to get into, MIT or University of Richmond? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between University of Richmond or MIT .
- The average SAT score at Massachusetts Institute of Technology (1507) is 170 points higher than at University of Richmond (1337)
- Incoming MIT students have a 3 point higher average ACT score (34) than students at University of Richmond (31)
- Accepted freshman MIT students have a 0.25 point higher average high school GPA (3.96) than students at University of Richmond (3.71)
- University of Richmond has a higher acceptance rate (24.4%) than MIT (4%)
MIT vs. University of Richmond Graduation Outcomes Comparison
Which is better, MIT or University of Richmond? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between University of Richmond and MIT.
- The graduation rate at MIT is higher than University of Richmond (93% vs. 83%)
- Graduates from Massachusetts Institute of Technology earn on average $68,200 more per year than University of Richmond graduates after ten years. ($142,100 vs. $73,900)
- Massachusetts Institute of Technology students graduate with a $3,832 lower median federal student loan debt than University of Richmond graduates. ($17,316 vs. $21,148)
- MIT graduates are paying $39 less per month on federal student loans than University of Richmond graduates. ($179 vs. $218)
- More MIT graduates are actively paying back their federal student loan debt than former University of Richmond students, three years after graduation. (92% vs. 75%)
Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/