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Southern Methodist University
Southern Methodist University, founded in 1911, has built a reputation as one of Texas's leading private universities, with a Dallas campus location that gives its Cox School of Business unusually direct access to the city's concentration of Fortune 500 corporate headquarters and finance industry employers. The George W. Bush Presidential Library and Museum sits on SMU's campus, a high-profile addition that brought national attention and academic programming tied to presidential history and public policy directly onto the university's grounds. SMU's business, law, and arts programs have each built strong regional and national reputations, and the university's relatively small size compared to the state's massive public flagships gives it a more personalized undergraduate experience while still maintaining access to a major metropolitan area's internship and career opportunities. The university's Mustangs athletic program has a storied, complicated history — including the NCAA's unprecedented 1987 "death penalty," which shut down the football program entirely for a season over recruiting violations — a scandal SMU has spent decades rebuilding its athletic reputation from, most recently through its move into the Atlantic Coast Conference.
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Rice University
Rice University was founded through the 1912 endowment of cotton and lumber magnate William Marsh Rice, whose murder by his own lawyer and butler in a scheme to seize his fortune became one of the most notorious criminal cases of its era before the estate was ultimately secured for the university he'd intended to fund. Rice's tuition-free policy lasted for more than five decades, a founding commitment that helped the small university build a reputation for academic rigor without the financial exclusivity of many peer institutions, before rising costs eventually forced the school to begin charging tuition in the 1960s. President John F. Kennedy delivered his famous "We choose to go to the Moon" speech at Rice Stadium in 1962, a moment that reflected the university's close relationship with the nearby NASA Johnson Space Center — a connection that continues to shape Rice's engineering and space science programs today. With one of the smallest undergraduate enrollments among the country's top research universities, fewer than 4,500 students, and a widely cited "residential college" system that groups students into small, tight-knit communities from freshman year on, Rice consistently ranks as the most academically prestigious university in Texas.
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