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Rice University to Offer Free Tuition to Students From Families Earning up to $200K

The program will also cover room and board for families earning less than $100,000 and keep meeting full demonstrated need without loans.

  • On Monday, Rice University announced an expansion of the Rice Investment program offering free tuition to students from families earning up to $200,000 annually, starting in fall 2027.
  • Previously, the Rice Investment covered tuition, fees, room, and board for families earning less than $75,000, while providing free tuition to those earning between $75,000 and $140,000.
  • Since 2019, the Rice Investment has provided more than $1 billion in financial aid, a 75% increase, while Rice continues meeting 100% of demonstrated financial need without requiring student loans.
  • Yvonne Romero, vice president for enrollment and dean of admissions and financial aid, said the higher income thresholds target middle-income families who often assume they will not qualify for meaningful aid.
  • Rice joins Harvard, MIT, Yale, and Emory in expanding free tuition access to families earning up to $200,000, supporting the school's approximately 25% undergraduate population growth since 2020.
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A university in Texas is offering free tuition for families earning $200K or less

Rice University, based in Houston, Texas, is expanding its financial aid program to offer free tuition for families earning up to $200,000, starting with fall 2027.

·Denver, United States
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Axios broke the news in Arlington, United States on Monday, August 3, 2026.
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