Centre College ranked #31 “Best Value” in nation by U.S. News
Centre College remains among the nation’s best, coming in at #52 among all national liberal arts colleges in the 2013 U.S. News & World Report rankings guide. It also remains the highest-ranked college or university in Kentucky, and is this year the fifth-highest ranked Southern college, behind only Davidson College, Washington and Lee University, the University of Richmond and Sewanee: The University of the South.
In addition, Centre is highlighted for its “stellar” study abroad program in the “Focus on Student Success” section. An average of 85 percent of Centre students study abroad at least once during their academic career, and 30 percent study abroad two or more times.
Perhaps most relevant to families who are understandably more cost-conscious than ever is Centre’s national ranking of #31 as a best value in the “Great Schools at Great Prices” category.
“Particularly at a time when many are struggling through a sluggish recovery to a crippling recession, we are proud to be recognized for providing a quality educational at an affordable price,” said John A. Roush, president of Centre College. “Centre has long been a place of high achievement and high opportunity, and the U.S. News ranking confirms that we are continuing this tradition successfully.”
According to the U.S. News methodology, Centre’s high best-value ranking results from a formula that calculates academic quality and net cost of attendance in 2011-12 for a student who receives the average level of need-based financial aid.
In the case of Centre, 64 percent of students received need-based grants, leaving an average cost of $22,089 based on a median discount rate of 51 percent. In other words, even though Centre’s comprehensive cost in 2011-12 was $42,500, most students paid over $20,000 less.
“American higher education needs to take a deep look at itself and what are rightfully perceived as runaway costs,” said Roush. “At Centre, we believe quality and affordability are compatible, and we refuse to overburden families who seek an excellent education for their children.”
At a comprehensive cost of $43,800 for the current year, Centre remains an average of $10,000 less than most top-ranked schools in the U.S. News “Best Colleges” guide. This cost represents only a 3 percent increase from the previous year. Centre’s Board of Trustees has supported limiting increases to no more than 3 percent for the foreseeable future.