McDaniel College named a “best value” private college by Kiplinger’s Personal Finance
McDaniel College is one of only 100 top liberal arts colleges named a “Best Value” by Kiplinger’s Personal Finance, and the only Maryland liberal arts college to make the list for the third year in a row.
Kiplinger’s annual list, which ranks 100 liberal arts colleges and 100 private universities, is available online at http://www.kiplinger.com/links/college.
Colleges and universities are assessed on academic quality and affordability. 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.
According to Kiplinger’s, these colleges exemplify what parents and students look for in higher education, including small class sizes, freshman retention rate and a high four-year graduation rate. Many of the colleges on the top 200 list, including McDaniel, have appeared in Kiplinger’s rankings in previous years, demonstrating that these schools consistently deliver good value.
At McDaniel, 90 percent of first-year students receive merit and/or need-based financial aid to offset the sticker price (tuition, fees, books, room and board). The college invests more than $30 million annually in grants and scholarships.
In addition to Kiplinger’s Personal Finance, McDaniel was again included among the first tier of national liberal arts colleges by U.S. News & World Report. McDaniel 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.
“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,” said McDaniel president Roger N. Casey.
He added, “What sets McDaniel apart is our customized student-centered curriculum, The McDaniel Plan, delivered in small classes averaging 17 students, by expert faculty. 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. McDaniel students are also encouraged to study abroad or expand their worldviews through our Global Fellows program, or at our campus in Budapest, Hungary.”