McDaniel College is one of three Maryland schools and the only liberal arts college in the state to be recognized by Kiplinger’s Personal Finance for its academics and affordability.
The college announced in a news release Thursday that it has been named a “Best Value” by Kiplinger’s, marking the third year in a row that the college has been recognized by the finance magazine in its annual rankings.
The rankings will appear in Kiplinger’s December issue, expected on newsstands Nov. 5.
Kiplinger's assesses colleges and universities nationwide on academic quality and affordability for the rankings. Academic criteria include student admission rate, test scores of incoming freshmen, ratio of students to faculty members, and the four- and five-year graduation rates. On the cost side, Kiplinger’s measures the sticker price, availability and average amount of need-based and merit-based financial aid, and the average student debt at graduation.
“Access is a hallmark of the college, and McDaniel continues to be recognized as one of the nation’s top liberal arts colleges attracting the best and brightest students regardless of their financial circumstances,” McDaniel president Roger Casey said in a statement.
McDaniel ranked 95th out of the top 100 liberal arts colleges recognized by Kiplinger's.
The cost to attend McDaniel is listed at $36,960 per year, but 90 percent of first-year students receive merit and/or need-based financial aid to offset the sticker price, which includes tuition, fees, books, room and board. The college invests more than $30 million annually in grants and scholarships, according to the release.
“What sets McDaniel apart is our customized student-centered curriculum, The McDaniel Plan, delivered in small classes averaging 17 students, by expert faculty," Casey said. "Our students put learning into action through a one-stop shop, the Center for Experience and Opportunity, where they develop an individualized strategic approach to assure that every student has a significant out-of-class learning experience."
In September, McDaniel was listed in the first tier of national liberal arts colleges by U.S. News & World Report. It was also named a “Best-Bang-for-the-Buck” by Washington Monthly and was the only college in Maryland commended in a report released by the New America Foundation for making extraordinary efforts to recruit, enroll and financially assist low-income students, according to the release.
Kiplinger's complete rankings are available online at http://www.kiplinger.com/links/college.