The 2003 Rice Owls football team represented Rice University as a member of the Western Athletic Conference (WAC) during the 2003 NCAA Division I-A football season. In their tenth year under head coach Ken Hatfield, the Owls compiled an overall record of 5–7 record with a mark of 5–3 in conference play, tying for fourth place in the WAC. The team played home games at Rice Stadium in Houston.
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