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AU again rated a 'Great School at a Great Price'
8/17/10

Alfred University is again ranked third in the North as a “great school (at a) great price” among master’s-degree-granting institutions by U.S. News and World Report in its 2011 edition of “America’s Best Colleges.”

Alfred University – as it has since US News began ranking schools on value meaning academic quality for the price – ranked at or near the top of master’s degree-granting institutions in the North on the “best buy” list, which looks at total price, percentage of students receiving financial aid, and the net cost of attendance, and also looks at quality indicators.

“ US News Guide to Best Colleges is yet another independent source affirming the value of an Alfred University education,” said Alfred University President Charles M. Edmondson. “This ranking, coupled with the Fiske Guide to Colleges, which rated us among the top 1 percent of the more than 4,2000 colleges and universities in the nation as a ‘best buy,’ affirms we do what we promise: provide a great education for the price.”

Last week, Alfred University was named one of the top 610 colleges in the United States by Forbes, and the week before that, The Princeton Review said AU was one of the top 373 colleges and universities in the country.

According to U.S. News, “The calculation used here takes into account a school’s academic quality, as indicated by its 2011 US News ranking, and the 2009-10 net cost of attendance for a student who receives the average level of need-based financial aid. The higher the quality of the program and the lower the cost, the better the deal. Only schools ranked in or near the top half of their categories are included, because US News considers the most significant values to be among the colleges that are above average academically.”

US News notes 82 percent of Alfred University students receive some form of need-based aid. The average cost of attendance (sticker price minus aid) is $20,756, which is lower than any of the other schools in the top 15.

Alfred University is ranked 20th in the North among master’s-degree-granting institutions, the same as last year.

“We provide students with a unique combination of academic and experiential opportunities that enable them to become successful in their work and valuable to their communities,” Edmondson noted. “It is gratifying that U.S. News recognizes our uniqueness.”