Centre named best value by Kiplinger's Magazine
RELEASED: June 8, 2006
DANVILLE, KY—In a time of rising higher education costs, Centre College remains one of the most affordable private institutions in the nation. In a survey conducted by Kiplinger's Personal Finance Magazine, Centre ranks 46th in best value among all U.S. private colleges and universities. Centre was the only Kentucky institution to be ranked in the Top 100.
"It is gratifying to see Centre recognized as a top 50 best value," says Carey Thompson, dean of admission and student financial planning at Centre. "With a strong endowment and outstanding annual alumni support for financial aid and scholarship assistance, Centre is a national leader in providing an outstanding student experience for deserving students of all backgrounds."
Kiplinger's looked at more than 1,300 private four-year colleges and universities to determine the best combination of academic excellence, generous aid packages and lower total costs. The final list was narrowed down to the top 100 best value institutions. The top five "best value" private colleges were California Institute of Technology, Rice University, Williams College, Swarthmore College, and Amherst College. At 46th, Centre was ranked ahead of such institutions as Tufts, Oberlin, Furman and Mount Holyoke.
Centre offers need-based financial aid and merit-based scholarships to a majority of its students. More than 80 percent of Centre students receive financial assistance, nearly 70 percent receive need-based financial aid and more than half receive merit-based scholarships.
The College is also listed as one of "America's Best Value Colleges" by the Princeton Review and ranked overall in the top 50 of national liberal arts colleges by U.S. News and World Report.In comparison to public universities in the Commonwealth, Centre's value is amplified with a four-year graduation rate of around 80 percent—substantially higher than the four-year rates of the state's universities and the highest rate of any educational institution in Kentucky.
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Founded in 1819, Centre College is ranked among the U.S. News top 50 national liberal arts colleges. Centre alumni, known for their nation-leading loyalty in annual financial support, include two U.S. vice presidents and two Supreme Court justices. For more, visit http://www.centre.edu/web/elevatorspeech/
For news archives go to http://www.centre.edu/web/news/newsarchive.html.
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