MIT vs. University of Richmond

Comparable Facts

Compare Massachusetts Institute of Technology in Cambridge, MA with University of Richmond in University of Richmond, VA on tuition, admissions, graduation, earnings, and student body data using the table above.

Massachusetts Institute of Technology is larger than University of Richmond based on total student enrollment (11,886 students vs. 3,722 students)

Location, institution type, and student-faculty ratio

• Massachusetts Institute of Technology is located in Cambridge, MA (Midsize City setting); University of Richmond is in University of Richmond, VA (Midsize City setting).
• Massachusetts Institute of Technology is a private, non-profit 4-year institution. University of Richmond is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Massachusetts Institute of Technology 3:1; University of Richmond 7:1.

MIT vs. University of Richmond Cost Comparison

Which college is more expensive, MIT or University of Richmond? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Massachusetts Institute of Technology than University of Richmond ($20,996 vs. $30,037).
• Living costs (room and board or off-campus housing budget) at University of Richmond are 15.5% lower than at Massachusetts Institute of Technology ($17,140 vs. $20,280).
• University of Richmond is 4.5% more expensive for in-state tuition than MIT (about $2,834 more per year; $65,230.00 vs. $62,396.00).
• Out-of-state tuition is 4.5% higher at University of Richmond than at Massachusetts Institute of Technology (about $2,834 more per year; $65,230.00 vs. $62,396.00).
• A larger share of students receive grant aid at Massachusetts Institute of Technology than at University of Richmond (59% vs. 56%).
• The average total grant financial aid received by Massachusetts Institute of Technology students is 21% larger than aid received by University of Richmond students ($61,734 vs. $51,039).

MIT vs. University of Richmond Admissions comparison

Which college is harder to get into, MIT or University of Richmond? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between University of Richmond and MIT.

• The typical SAT score (median estimate) at Massachusetts Institute of Technology (1550) is 80 points higher than at University of Richmond (1470).
• Incoming MIT students have a 1 point higher typical ACT composite (median estimate) (35 vs. 34 at University of Richmond).
• Reported middle 50% SAT composite range (25th-75th percentile) for admitted students: Massachusetts Institute of Technology 1520/1580; University of Richmond 1410/1530.
• Reported middle 50% ACT composite range (25th-75th percentile) for admitted students: Massachusetts Institute of Technology 34/36; University of Richmond 33/35.
• Submitting SAT or ACT scores: MIT - Required; University of Richmond - Test optional.
• Typical fall application deadline: MIT Jan 1, 2027; University of Richmond Jan 1, 2027.
• 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 (22.2%) than MIT (4.5%).
• The share of admitted students who enrolled (yield) is 85.8% at MIT vs. 23.5% at University of Richmond.

MIT vs. University of Richmond Graduation Outcomes Comparison

How do outcomes compare for MIT and University of Richmond? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Massachusetts Institute of Technology's six-year graduation rate (93%) is higher than University of Richmond's (83%).
• Graduates from Massachusetts Institute of Technology earn a median of about $68,200 more per year than University of Richmond graduates about ten years after starting college ($142,100 vs. $73,900), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Massachusetts Institute of Technology graduates have a $3,832 lower median loan debt than University of Richmond graduates ($17,316 vs. $21,148).
• Among borrowers, MIT graduates have an estimated $39 lower median monthly federal student loan payment 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/. Values reflect the most recent year available in our dataset.