The Princeton Review Reports Financial Aid Ratings For 611 Colleges For 2015
- 12 Colleges Receiving Highest Score (99) Named to “Financial Aid Rating Honor Roll”
NEW YORK, August 4, 2014 — 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 611 schools this year. The scores (reported on a scale of 60 to 99) are based on data from 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 that posted today on www.princetonreview.com and the profiles of the schools in the 2015 editions of two Princeton Review guidebooks: The Best 379 Colleges on sale tomorrow, August 5 ($23.99), and The Complete Book of Colleges on sale July 15 ($26.99), published by Random House.
The Princeton Review's "2015 Financial Aid Rating Honor Roll"
Twelve colleges that received the highest possible score (99) in this year's tallies made The Princeton Review's “2015 Financial Aid Rating Honor Roll”. The list, which appears in The Best 379 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)
- Haverford College (Haverford, PA)
- Pomona College (Claremont, CA)
- Princeton University (Princeton, NJ)
- Reed College (Portland, OR)
- Thomas Aquinas College (Santa Paula, CA)
- Trinity College (Hartford, CT)
- Vanderbilt University (Nashville, TN)
- Vassar College (Poughkeepsie, NY)
- Yale University (New Haven, CT)
Among the 12 schools on the list, the average financial aid grant awarded to undergraduates who qualified for aid at the schools last year was $36,751.
Robert Franek, 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. Franek noted the growing concerns families have about college costs. Among 14,150 college applicants and parents of applicants Princeton Review surveyed in 2014 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 in to 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 2013–14 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 The Best 379 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 also accessible on The Princeton Review's College Rankings page.
- A list of “150 Best Value Colleges for 2014”
- 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 (January 2014). Selections were based on analyses of more than 30 data points covering academics, cost, and financial aid. The list is accessible at The Princeton Review's Best Value Colleges and 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. Institutions that do not provide sufficient data for The Princeton Review to tally a rating in a specific category receive a score of 60* (sixty with an asterisk) in that category. The Princeton Review explains the criteria for each rating at The Princeton Review's College Ratings page.
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 130,000 students attending the schools in its book, "The Best 379 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 The Princeton Review's College Ratings page.
About The Princeton Review
The Princeton Review is a leading test preparation and college admission services company. Every year it helps millions of college- and graduate school-bound students achieve their education and career goals through its test preparation, tutoring, and admissions services, its online resources, and its more than 150 print and digital books published by Random House LLC. The Company delivers its services via a network of more than 4,000 teachers and tutors in the U.S.A. and Canada, and through its international franchises in 14 other countries. The Company also partners directly with school districts and non-governmental organizations to provide students with college readiness services including college selection, test preparation, financial aid advice, and admissions support. The Princeton Review is headquartered in Natick, MA, and is privately held. For more information, visit The Princeton Review and on Facebook . Follow the Company's Twitter feed @ThePrincetonRev .
The Princeton Review
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Available for interviews:
Robert Franek, Senior VP / Publisher, The Princeton Review, and author of The Best 379 Colleges , or one of the book's senior editors can discuss the Princeton Review's college ratings or rankings well as findings from its surveys of administrators, students, and parents on college issues.