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  • The Princeton Review Gives 612 Colleges Financial Aid Ratings

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    FOR 612 COLLEGES FOR 2014

    • 11 Colleges Receiving Highest Score (99) Named to "Financial Aid Rating Honor Roll"

    NEW YORK, August 5, 2013—The Princeton Review – known for its education services that help students choose, get into, and get financial aid from colleges – today published its annual "Financial Aid Ratings" of colleges. The Company tallied the rating scores for 612 schools this year. The scores (reported on a scale of 60 to 99) are based on data from The Princeton Review's institutional and student surveys of colleges about their aid award programs.

    The "Financial Aid Rating" scores appear in the profiles of the colleges posted today on www.PrincetonReview.com, and in the profiles of the schools in the 2014 editions of two Princeton Review guidebooks that go on sale tomorrow, August 6: "The Best 378 Colleges" ($23.99) and "The Complete Book of Colleges" ($26.99), published by Random House.

    The Princeton Review's "2014 Financial Aid Rating Honor Roll"
    Eleven colleges that received the highest possible score (99) in this year's tallies made The Princeton Review's "2014 Financial Aid Rating Honor Roll." The list, which appears in "The Best 378 Colleges" book and online at http://www.princetonreview.com/financial-aid-honor-roll.aspx includes:

    (in alphabetical order)
    Claremont McKenna College (Claremont, CA)
    Colgate University (Hamilton, NY)
    Franklin W. Olin College of Engineering (Needham, MA)
    Grinnell College (Grinnell, IA)
    Haverford College (Haverford, PA)
    Pomona College (Claremont, CA)
    Princeton University (Princeton, NJ)
    Thomas Aquinas College (Santa Paula, CA)
    Trinity College (Hartford, CT)
    Vassar College (Poughkeepsie, NY)
    Yale University (New Haven, CT)

    Among the 11 schools on the list, the average financial aid grant awarded to undergraduates who qualified for aid at the schools last year was $33,377.

    Robert Franek, The Princeton Review Senior VP/Publisher, said "We salute these schools for the generous amounts of financial aid they award and for their commitment to meet the financial aid needs of so many of their students. That commitment is especially meaningful considering the economic challenges all institutions of higher education are facing."

    Franek noted the growing concerns families have about college costs. Among 14,125 college applicants and parents of applicants The Princeton Review surveyed in 2013 for its "College Hopes & Worries Survey," 89% said financial aid would be "very" or "extremely" necessary to pay for college. Survey respondents' biggest worry about their college applications was that they/their child "would get into their first choice college, but not have sufficient funds to attend it."

    The Company's "Financial Aid Rating" is based on its analysis of data it collected in 2012-13 from surveys of administrators about the percentage of the school's students determined to have need who received aid, the percentage of need met, and the percentage of students whose aid was fully met. The Company also factors in data from its surveys of students attending the colleges about their satisfaction with their aid awards.

    Other financial aid information resources The Princeton Review provides in the new edition of its book, "The Best 378 Colleges" (and also on its website) include:

    • A list of the top 20 ranking schools for "Great Financial Aid"
      This list names schools in the book at which students surveyed reported the highest levels of satisfaction with their aid award packages. The book also has a corollary list, "Financial Aid Not So Great." Both are accessible at www.princetonreview.com/college-rankings.aspx
    • A list of "150 Best Value Colleges for 2013"
      This list features 75 public and 75 private colleges that The Princeton Review profiles in depth in its book, "The Best Value Colleges: 150 Best-Buy Schools and What It Takes to Get In" (February 2013). Selections were based on analyses of more than 30 data points covering academics, cost, and financial aid. The list is accessible at www.princetonreview.com/best-value-colleges.aspx and at www.bestvaluecolleges.usatoday.com on a special area on the site of USA TODAY (which partners with Princeton Review on the project).
    • Advice: "26 Tips for Getting Financial Aid, Scholarships & Grants, and for Paying Less for College"
      This section is by Kalman Chany, author of The Princeton Review's annually updated guide, "Paying for College Without Going Broke."

    About The Princeton Review College Ratings and College Rankings
    The Princeton Review college ratings are scores on a scale of 60 to 99 that the Company annually tallies for hundreds of colleges in eight categories including Academics, Admissions Selectivity, Financial Aid, Fire Safety, and Green. The scores appear on college profiles on its website and in its college guidebooks. The ratings are based primarily on institutional data. The Princeton Review explains the criteria for each rating at www.princetonreview.com/college/college-ratings.aspx

    The Princeton Review college rankings are lists of schools in 62 categories (in rank order: 1 to 20) based entirely on the Company's surveys of 126,000 students attending the schools in its book, "The Best 378 Colleges." The survey asks students to rate their own schools on dozens of topics and report on their campus experiences at them. The Princeton Review explains the basis for each ranking at www.princetonreview.com/college/college-rankings.aspx

    About The Princeton Review
    Founded in 1981, The Princeton Review (www.princetonreview.com) is a privately held education services company headquartered in Framingham, MA. The Company has long been a leader in helping students achieve their education and career goals through its test preparation services, tutoring and admissions resources, online courses, and more than 150 print and digital books published by Random House, Inc. The Princeton Review delivers its programs via a network of more than 5,000 teachers and tutors in the U.S.A., Canada, and international franchises. The Company also partners with schools and guidance counselors worldwide to provide students with college readiness, test preparation and career planning services.

    # # #

    SOURCE: The Princeton Review

    WEBSITE: http://www.princetonreview.com

    CONTACT: Jeanne Krier, Princeton Review Books, 212-539-1350, or Kristen O'Toole, The Princeton Review, 888-347-7737, ext. 1405 (kotoole@review.com).

    Available for interviews
    Robert Franek, Senior VP/Publisher, The Princeton Review, and author of "The Best 378 Colleges," or one of the book's senior editors can discuss The Princeton Review's college ratings or rankings as well as findings from its surveys of administrators, students, and parents on college issues.

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