The Princeton Review Gives 606 Colleges Financial Aid Ratings in New 2011 Editions of Its Annual College Guides and Website Profiles of Schools
-- Ratings Based on Financial Aid Awards and Surveys of Students Receiving Aid -- Honor Roll Salutes 11 Colleges Receiving Highest Financial Aid Rating Score: 99
NEW YORK, Aug 02, 2010 /PRNewswire via COMTEX News Network/ -- The Princeton Review - known for its education services helping students choose and get in to colleges - has created several resources to help applicants and parents find the financial aid many of them will need to pay for college this year.
Among the unique resources are Financial Aid Ratings (scores on a scale of 60 to 99) that The Princeton Review has tallied for 606 colleges based on its surveys of administrators at hundreds of schools in 2009-10 and surveys of student aid recipients attending the schools.
The ratings appear in the profiles of the schools that posted today on www.PrincetonReview.com. The ratings are also in the profiles of those schools in the new 2011 editions of three Princeton Review guidebooks: "The Best 373 Colleges" ($22.99) and "Complete Book of Colleges" ($26.99) - both on sale August 3, and "The Best Northeastern Colleges" ($16.99) - on sale August 10, all published by Random House.
The Princeton Review's "2011 Financial Aid Rating Honor Roll"
Today The Princeton Review also named 11 colleges to its "2011 Financial Aid Rating Honor Roll" - a list of colleges that received the highest possible score (99) in its Financial Aid Rating tallies this year. Published in "The Best 373 Colleges" guidebook, the list includes:
(in alphabetical order)
Bowdoin College (Brunswick ME)
California Institute of Technology (Pasadena)
Claremont McKenna College (Claremont CA)
Harvard College (Cambridge MA)
Lake Forest College (Lake Forest IL)
Princeton University (Princeton NJ)
Stanford University (Palo Alto CA)
Swarthmore College (Swarthmore PA)
Thomas Aquinas College (Santa Paula CA)
Washington University in St. Louis (MO)
Williams College (Williamstown MA)
Said Robert Franek, Princeton Review Senior VP / Publisher, "We commend the schools on our Financial Aid Rating Honor Roll for all they have done to meet the financial aid needs of their students. Also, we encourage applicants never to cross a school off their list because of its sticker price, and always to get current information about the schools' financial aid offerings."
Franek noted the deep concerns families have about college costs. Among 12,000 college applicants and parents of applicants The Princeton Review surveyed this year for its annual "College Hopes & Worries Survey," 68% of respondents said that the economic downturn had affected their college decisions and 86% said financial aid will be "very necessary." In other findings, the respondents' biggest worry about their college applications was that they/their child "would be accepted at their first choice college, but not have sufficient funds to attend it."
The Princeton Review's institutional survey for the Financial Aid Rating included questions on: 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 rating also factored in data from the Company's surveys of students attending the schools about their satisfaction with their aid awards.
Other financial aid resources in Princeton Review's "The Best 373 Colleges" include:
A list of 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 posted at www.princetonreview.com/college-rankings.aspx
A list of "100 Best Value Colleges for 2010"
This list identifies 50 public and 50 private colleges that The Princeton Review named as best values based on more than 30 data points covering academics, cost, and financial aid. The Company teamed up with USA TODAY for this project and reported the list in January 2010. It is accessible at www.princetonreview.com/best-value-colleges.aspx and www.bestvaluecolleges.usatoday.com. A 2011 list will be reported in January 2011.
Advice: "26 Tips for Getting Financial Aid, Scholarships & Grants, and for Paying Less for College"
This new section in the book offers savvy advice from 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 in up to eight categories that appear on college profiles on its site and college guidebooks. The ratings are based primarily on institutional data. Categories include Academics, Admissions Selectivity, Financial Aid, Fire Safety and Green. 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 122,000 students attending the schools in its book, "The Best 373 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 list at www.princetonreview.com/college/college-rankings.aspx
On August 18, from 8:30 to 9:30 pm EDT, The Princeton Review will host a free, interactive online event - "Finding Your Best Fit College" - with advice for college applicants from author, Robert Franek. (Information: www.princetonreview.com/bestfitcolleges)
The Princeton Review, headquartered in Framingham, MA with editorial offices in New York City and test preparation locations across the country and abroad, is not affiliated with Princeton University and it is not a magazine.
About The Princeton Review:
The Princeton Review (Nasdaq: REVU) has been a pioneer and leader in helping students achieve their higher education goals for more than 28 years through college and graduate school test preparation and tutoring. With more than 165 print and digital publications and a free website, (www.PrincetonReview.com), the Company provides students and their parents with the resources to research, apply to, prepare for, and learn how to pay for higher education. The Princeton Review also partners with schools and guidance counselors throughout the U.S. to assist in college readiness, test preparation and career planning services, helping more students pursue postsecondary education. The Company also owns and operates Penn Foster Education Group, a global leader in online education. Penn Foster provides career-focused degree and vocational programs in the fields of allied health, business, technology, education, and select trades through the Penn Foster High School and Penn Foster Career School www.pennfoster.edu), which are headquartered in Scranton, PA.
Web site: http://www.princetonreview.com
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SOURCE The Princeton Review, Inc.
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