POUGHKEEPSIE, NY – Kiplinger’s Personal Finance magazine has named Vassar thirteenth among of the country’s 100 best values in private liberal arts colleges. Kiplinger’s focused on academic quality and affordability in their evaluations, weighing such criteria as admissions rates, student-to-teacher ratios, four-year graduation rates, as well as both the availability of financial aid and the average amount provided.
Kiplinger’s accompanying articles point out the net cost of attendance after aid is factored in, rather than just looking at a college’s listed full price “Although private schools generally carry higher sticker prices than in-state prices at public schools, private schools can actually be cheaper than public schools because of their generous financial aid,” said a statement from Kiplinger’s.
The Kiplinger’s ranking acknowledges Vassar’s core commitments to academic excellence and a need-blind admissions policy; in the latter case Vassar strictly evaluates and admits applicants on the basis of their academic qualifications, without considering a student’s ability to pay based on their family income. Once a student accepts the college's admission offer, financial aid is only provided on the basis of financial need and the college meets 100% of the full demonstrated need of all admitted students for all four years. Currently over 60% of Vassar students receive financial aid, and their average scholarship grant aid is over $35,000.
The information can be viewed on the Kiplinger’s website (http://www.kiplinger.com/links/college).
Vassar College is a highly selective, coeducational, independent, residential, liberal arts college founded in 1861.