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3/13/2007 CONTACT: B.J. Almond Rice University is fourth on Kiplinger’s list of best values among private universities
Rankings are based on exceptional education and affordability Rice University is ranked No. 4 on Kiplinger's Personal Finance magazine's list of the 50 best values among private universities. The rankings, published in the April issue, are based on academic quality and affordability. Quality accounts for two-thirds of the ranking and incorporates such measures as student-faculty ratio, the percentage of applicants offered admission, the percentage of freshmen who earned a bachelor's degree within four years or five years, and the percentage of the 2005-06 freshman class who scored 600 or higher on the verbal and math components of the SAT, or 24 or higher on the ACT. Affordability incorporates total costs for the academic year 2006-07, costs after need-based aid, aid from grants, non-need-based aid and average debt at graduation. “Rice provides a high-value education on all counts,” President David Leebron said. “We are equally committed to investing in the quality of the educational experience here and assuring, through our financial aid policies, that this outstanding educational opportunity is accessible to all regardless of their family's financial circumstances.” Rice tuition is about $6,000 per year lower than tuition at its private peer institutions. Rice practices need-blind admissions and has eliminated loan requirements for students from families with incomes under $30,000. Caltech, Yale and Harvard led the new rankings by Kiplinger's. Rounding out the top 10 were Duke, Princeton, MIT, Emory, Columbia and the University of Pennsylvania. The full list is available at www.kiplinger.com/magazine/archives/2007/04/private.html. |
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