Rice is racking up new accolades. Photo via Rice.edu

Classes are barely back in session, and already Rice University students have report cards to write home about. In this case, their school's getting graded. No surprise: It made the honor roll.

Rice University has earned top-15 rankings in two new national surveys. Education information and review platform Niche has ranked Rice the 15th best college in the country and the No. 1 best in Texas for 2025. And Forbes has ranked Rice No. 9 in its 2024-25 list of top U.S. colleges. The University of Houston also makes the cut for the Forbes report, landing at No. 46 for public universities, a 22-spot improvement from last year.

While still head of the class in Texas, Rice actually slid down the Niche national rankings from its place at No. 9 last year. The university received an overall grade of A+, and an A+ in six of the 12 ranking categories: academics, diversity, professors, student life, value, and location. It gets an A for the party scene, campus, and campus food; an A- for dorms, a B+ for athletics, and a B for safety.

Nationally, Rice ranked No. 1 for:

  • Best Colleges for Kinesiology and Physical Therapy in America
  • Best Colleges for Sports Management in America
  • Best Colleges for Architecture in America

It also rated No. 1 overall school in Texas, and No. 1 best-value college in the Houston area.

"Amazing diversity, great professors, and world-class research. Especially good for people who like going to small schools with no sororities or fraternities. The financial aid is by far one of the best in the country ..." reads one five-star review on Niche.com. "The academic competition is not as crazy as schools like Harvard or Princeton and the coursework is manageable... Overall great school with emphasis on smaller class sizes and community (through the famous residential college system, which Rice is known for - this is why they compare it to Hogwarts!)"

Rice University made great strides in the new Forbes rankings, leapfrogging from No. 22 last year to No. 9 for 2024-25. It's the first time the university has landed in a top-10 spot on the prestigious list.

Forbes uses 14 metrics to determine 500 top American colleges that offer the best career, educational, and financial outcomes for all students.

"Forbes’ annual list showcases 500 schools that produce successful, high-earning, and influential graduates from all economic backgrounds, with less student debt," the report's authors say.

Forbes applauds Rice's small student-to-teacher ratio, range of undergraduate majors, and robust financial aid assistance, among other factors. The university earns a financial grade of A. Total annual cost is $74,110, and average grant aid awarded is $51,955, Forbes says. The median 10-year salary for alumni is $152,100.

"Admissions data revealed an acceptance rate of only 7.7 percent for the class of 2027 — a record low for the university," the report says. "Enrolled out-of-state and international students outnumbered those in Texas, accounting for the majority of the class of 2026 student body."

In a news release, Rice University President Reginald DesRoches says Rice’s vault to the top 10 in the Forbes rankings underscores its commitment to providing a world-class and affordable education, cultivating groundbreaking research, and maintaining a vibrant, inclusive community.

“This ranking is a testament to the hard work of our students, faculty, staff and the incredible support of our alumni and to the enduring strength of our academic and research programs, "DesRoches says. "At Rice, we are committed to nurturing the next generation of leaders and innovators, and this recognition by Forbes reinforces the impact of our mission.”

For UH's showing on the Forbes report, the school rose 37 spots to land at No. 115 in the list of all schools, and Forbes ranks UH in the top 100 for research-focused universities, landing at No. 85.

“This latest ranking demonstrates the University of Houston’s commitment to student success and world class academic programs,” Diane Z. Chase, senior vice president for academic affairs and provost, says in a news release. “Inclusion in Forbes’ list of America’s Top Colleges is yet another accolade we can be very proud of. It’s another reminder of the momentum gained each day through the hard work and persistence of our campus community.”

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This article originally ran on CultureMap.

An annual ranking recognized Rice University again — but the Houston school ranked a tad lower this year. Photo courtesy of Rice

Report: Rice University again ranks among the top schools in nation

hooting in Houston

Rice University has earned yet another accolade worth hooting about.

Niche, an education review and ranking website, has named Rice the ninth best college in the U.S., down from No. 6 last year. The Houston university receives an A+ in nine of the 12 ranking categories, including academics, diversity, and value. It gets an A for the party scene, a B+ for athletics, and a B for safety.

“We’re proud that Niche once again rates Rice not only one of the nation’s top universities, but also one of the nation’s best college values,” university President Reginald DesRoches said in 2022. “This is especially gratifying because Niche reflects the opinions of students and parents who know firsthand what outstanding education opportunities Rice continues to offer.”

Rice regularly ranks highly on lists of the best colleges and universities in the country, including those published by Niche, Forbes, and U.S. News & World Report.

“Rice is an awesome place. I went to Rice because I wanted professors who actually wanted to see their students succeed, and I can confidently say that’s what I found at Rice,” a student wrote in a Niche review. “The classes are thorough but the tests are very reasonable and focus on the material we learned in class.”

Topping Niche’s national list is Yale University, followed by Stanford University, the Massachusetts Institute of Technology, Harvard University, Princeton University, Columbia University, the University of Pennsylvania, and Dartmouth College.

Rice comes in at No. 12 on Niche’s list of the “best value colleges” in the U.S. and ranks first among the best colleges in Texas. Here are the top 10 Texas schools, including the eighth-ranked University of Houston:

1. Rice University
2. University of Texas at Austin
3. Texas A&M University (College Station)
4. Trinity University (San Antonio)
5. Southern Methodist University (University Park)
6. Texas Christian University (Fort Worth)
7. Texas Tech University (Lubbock)
8. University of Houston
9. University of Texas Permian Basin (Odessa)
10. Baylor University (Waco)

Other Houston-area schools in the Texas ranking are:

  • University of Houston – Clear Lake (No. 13)
  • University of St. Thomas (No. 26)
  • University of Houston – Downtown (No. 39)
  • Prairie View A&M University (No. 43)

“Choosing where to go to college is easily one of the most significant — and expensive — decisions of a person’s life. Niche’s mission is to ensure that every college-bound student has access to easy, transparent and free resources … to help them find their best fit,” Luke Skurman, founder and CEO of Niche, says in a news release.

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8+ can't-miss Houston business and innovation events in April

where to be

Editor’s note: Houston's weeklong innovation festival kicks off April, followed by Rice University's globally recognized pitch competition returning for its 26th year. Plus, find coworking pop-ups, industry meetups, pitch battles and even a crawfish boil on the calendar. Here’s what not to miss and how to register. Please note: this article might be updated to add more events.

March 30-April 4 — H-Town Roundup

Celebrate innovation, entrepreneurship and collaboration at Houston Exponential's sixth-annual H-Town Roundup. During the free event series, previously known as Houston Tech Rodeo, attendees can expect insightful talks, workshops and networking events at venues across the city.

This event began March 30. Register here.

April 2 — Industrious Coworking Day

Enjoy a complimentary day of cowering at Industrious and network with professionals at the Ion. Breakfast, snacks, wifi and workspace tours are included. Following the cowering day, Industrious will host happy hour at Second Draught from 4-6 p.m.

This event is Thursday, April 2, from 8:30 a.m.-5 p.m. at the Ion. Register here.

April 2 — Technology Summit for Women

The fourth annual Women in Tech Cummil will feature speakers across three core tracks: Transformation + Digital strategy, Cyber + Risk + Resilience, and AI in Practice. Pearl Chu, director of technical domains and university relations at SLB, will give the opening remarks. Other panelists come from CenterPoint Energy, BP, Technip Energies and other leading companies.

This event is Thursday, April 2, from 2-5 p.m. at the Ion. Register here.

April 8 — Veterans Business Battle

Hear pitches from veterans and entrepreneurs as they compete for more than $10 million in investments at Rice Businesses' 12th annual Veterans Business Battle. This year, the two-day event will also feature a Small Business Expo, which invites Houston-based, veteran-owned businesses to participate in education, networking and the opportunity to showcase their business. Moonshots Capital and Mercury Fund will also host a fireside chat.

This event begins Wednesday, April 8, at 11 a.m. at the Ion. Click here to register.

April 9-11 — Rice Business Plan Competition

The Rice Alliance for Technology and Entrepreneurship will host the 26th annual Rice Business Plan Competition this month. Forty-two student-led teams from around the world, including one team from Rice, will present their plans before more than 300 angel, venture capital, and corporate investors to compete for more than $1 million in prizes.

This event begins Thursday, April 9. Find more information here.

April 10 — BioHouston Chili Cookoff

Connect with Houston's life sciences community at BioHouston's 21st annual chili cookout. This event is geared toward startup founders, researchers and industry veterans alike.

This event is Friday, April 10, from noon-4 p.m. at Bayou City Event Center. Register here.

April 14 — Mercury Fund Day at the Ion: Agentic Commerce

Don’t miss the latest installment of Mercury Fund Day at the Ion, previously known as Software Day. The recurring monthly event features office hours (by application), a keynote and networking opportunities. This month's topic focuses on agentic commerce.

This event is Tuesday, April 14, from 3:30-7 p.m. at the Ion. Register here.

April 19 – UH Energy Industry Crawfish Boil

Head to the UH Cullen College of Engineering Green Space for the 35th annual UH Energy Industry Crawfish Boil. The event will include a student showcase, STEM activities, a kids zone, live music, networking and, of course, crawfish. Proceeds from the event will support the multidisciplinary capstone fund that aims to increase professional readiness for Cullen College engineering and technology students.

This event is Sunday, April 19, from 1-5 p.m. at the Cullen College of Engineering Green Space. Find more information here.

April 24 — Rice Business Healthcare Conference

Leading experts, innovators and the next generation of healthcare leaders will converge at the Rice Business Healthcare Conference. Hosted by the Rice Business Healthcare Association, the conference will explore AI's potential impact on the sector.

This event is Friday, April 24, from 8 a.m.-2 p.m. at McNair Hall on Rice University's campus. Find more information here.

Houston unicorn closes $421M to fuel first phase of flagship energy project

Heating Up

Houston geothermal unicorn Fervo Energy has closed $421 million in non-recourse debt financing for the first phase of its flagship Cape Station project in Beaver County, Utah.

Fervo believes Cape Station can meet the needs of surging power demand from data centers, domestic manufacturing and an energy market aiming to use clean and reliable power. According to the company, Cape Station will begin delivering its first power to the grid this year and is expected to reach approximately 100 megwatts of operating capacity by early 2027. Fervo added that it plans to scale to 500 megawatts.

The $421 million financing package includes a $309 million construction-to-term loan, a $61 million tax credit bridge loan, and a $51 million letter of credit facility. The facilities will fund the remaining construction costs for the first phase of Cape Station, and will also support the project’s counterparty credit support requirements.

Coordinating lead arrangers include Barclays, BBVA, HSBC, MUFG, RBC and Société Générale, with additional participation from Bank of America, J.P. Morgan and Sumitomo Mitsui Trust Bank, Limited, New York Branch.

“As demand for firm, clean, affordable power accelerates, EGS (Enhanced Geothermal Systems) is set to become a core energy asset class for infrastructure lenders,” Sean Pollock, managing director, project Finance at RBC Capital Markets, said in a news release. “Fervo is pioneering this step change with Cape Station, a vital contribution to American energy security that RBC is proud to support.”

The oversubscribed financing marks Cape Station’s shift from early-stage and bridge funding to a long-term, non-recourse capital structure, according to the news release.

“Non-recourse financing has historically been considered out of reach for first-of-a-kind projects,” David Ulrey, CFO of Fervo Energy, said in a news release. “Cape Station disrupts that narrative. With proven oil and gas technology paired with AI-enabled drilling and exploration, robust commercial offtake, operational consistency, and an unrelenting focus on health and safety, we have shown that EGS is a highly bankable asset class.”

Fervo continues to be one of the top-funded startups in the Houston area. The company has raised about $1.5 billion prior to the latest $421 million. It also closed a $462 million Series E in December.

According to Axios Pro, Fervo filed for an IPO that would value the company between $2 billion and $3 billion in January.

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This article first appeared on EnergyCapitalHTX.com.

Houston food giant Sysco to acquire competitor in $29 billion deal

Mergers & Acquisitions

Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.

The acquisition would create a closer link between Sysco and its customers that right now turn to Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.”

Sysco, based in Houston, serves more than 700,000 restaurants, hospitals, schools, and hotels, supplying them with everything from butter and eggs to napkins. Those goods are typically acquired ahead of time based on how much traffic that restaurants typically see.

Restaurant Depot offers memberships to mom-and-pop restaurants and other businesses, giving them access to warehouses stocked with supplies for when they run short of what they've purchased from suppliers like Sysco.

It is a fast growing and high-margin segment that will likely mean thousands of restaurants will rely increasingly on Sysco for day-to-day needs.

Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. Based on Sysco’s closing share price of $81.80 as of March 27, 2026, the deal has an enterprise value of about $29.1 billion.

Restaurant Depot was founded in Brooklyn in 1976. The family-run business then known as Jetro Restaurant Depot, has become the nation's largest cash-and-carry wholesaler.

The boards of both companies have approved the acquisition, but it would still need regulatory approval.

Shares of Sysco Corp. tumbled 13% Monday to $71.26, an initial decline some industry analysts expected given the cost of the deal.