Organization
Rice University is chartered as a non-profit organization and is owned and governed by a privately appointed board of trustees. The board consists of a maximum of 25 voting members who serve four-year terms and is currently chaired by James W. Crownover. The trustees serve without compensation and a simple majority of trustees must reside in Texas, including at least 4 within the greater Houston area. The board of trustees delegates its power by appointing a President to serve as the chief executive of the university. David W. Leebron was appointed President in 2004 and succeeded Malcom Gillis who served since 1993. The provost, six vice presidents, and other university officials report to the President. The President is advised by a University Council composed of the Provost, eight members of the Faculty Council, two staff members, one graduate student, and two undergraduate students. The President presides over a Faculty Council which has the authority to alter curricular requirements, establish new degree programs, and approve candidates for degrees. Rice University possesses an endowment of $4.1 billion (as of 2011).
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Undergraduate and Graduate Schools
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Graduate Schools
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Rice's undergraduate students benefit from a centralized admissions process, which admits new students to the university as a whole, rather than a specific school (the schools of Music and Architecture are decentralized). Students are encouraged to select the major path that best suits their desires; a student can later decide that they would rather pursue study in another field, or continue their current coursework and add a second or third major. These transitions are designed to be simple at Rice, with students not required to decide on a specific major until their sophomore year of study.
Rice's academics are organized into six schools which offer courses of study at the graduate and undergraduate level, with two more being primarily focused on graduate education, while offering select opportunities for undergraduate students. Rice offers 360 degrees in over 60 departments. There are 40 undergraduate degree programs, 51 masters programs, and 29 doctoral programs.
Undergraduate tuition for the 2011-2012 school year is $34,900. $651 is charged for fees, and Rice projects an $800 budget for books and $1550 for personal expenses. Rice students are charged $12,270 for room and board. Per year, the total cost of a Rice University education is $50,171.
Faculty members of each of the departments elect chairs to represent the department to each School's dean and the deans report to the Provost who serves as the chief officer for academic affairs.
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