Colleges That Meet The Most Financial Needs
There are many different factors to consider when choosing a college: location, size, and curriculum. But what about financial need? Are there specific schools that meet the most financial need? The following list shows colleges with the highest percentage of students who received Pell Grants during their freshman year. They also have high graduation rates and strong acceptance rates. These rankings come from U.S News & World Report’s 2019 Best Colleges list.
Rice University, located in Houston, Texas, is a private research university with a strong reputation for academics and research. Rice University has a low acceptance rate of 9.2%. The average annual tuition rate is $46,900 while the average net price without financial aid is $37,400.
Rice University has an overall default rate of 10.2%
Princeton University is a private Ivy League research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the nine colonial colleges chartered before the American Revolution. Princeton’s main campus covers 866 acres (352 ha) near Princeton Borough and includes approximately 100 academic buildings, dining halls, residential facilities and athletic facilities like Palmer Stadium. The university has grown since its founding. It now includes campuses throughout New Jersey and California; it had an endowment of $21 billion as of 2017, making it one of the wealthiest universities in America. The student body consists of 6,300 undergraduate and 2,500 graduate students from all 50 states and 116 foreign countries.
Harvard University is need-blind, which means that they consider each applicant without regard to financial situation. The university has a generous financial aid program, with more than 60% of students receiving need-based financial aid.
Columbia University is a private Ivy League research university in Upper Manhattan, New York City. Columbia is the oldest institution of higher education in New York and the fifth-oldest in the United States.
Columbia is a member of the Association of American Universities and has been ranked among the top universities in the United States and worldwide by several ranking systems.
Yale University is a private Ivy League research university in New Haven, Connecticut. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States. The Yale School of Medicine has been affiliated with Yale University since 1766.
Yale’s undergraduate program is the most selective in the United States. For fall 2018 admission, Yale received 16,542 applications and accepted 5.9%. In 2016-17 there were 611 international students at Yale from 101 different countries; nearly 12% of total enrollment at its campuses worldwide.
Stanford University is a private research university in Stanford, California. Founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Junior University became a pioneer in higher education. In 1891, the Board of Trustees managed to secure reputable professors and begin instruction on an official basis. The first four years were so successful that they decided to expand the university further into what would become one of America’s most elite institutions of higher learning.
Stanford has grown from its original mission: “To provide for the education of young men for professions or for citizenship without distinction as to religious faith.” Today, it boasts more than 20 undergraduate programs and over 150 graduate study options—and its reputation as one of America’s top universities is well deserved.
Occidental College is located in Los Angeles, California. It is one of the most expensive colleges to attend, with a tuition and fees cost being $63,943 per year. The college also has a high graduation rate of 98 percent within six years.
The student-to-faculty ratio at Occidental College is 11:1 and the average class size for their undergraduate students is 15 students.
Occidental College’s acceptance rate is 44 percent, making it highly selective when it comes to admissions decisions. The college offers financial aid packages including grants and scholarships for qualifying applicants who meet the required standards for entrance into the university’s academic programs (a GPA above 3).
Pomona College is a private liberal arts college in Claremont, California, United States. Pomona is a member of the Claremont Colleges consortium and one of the top ranked colleges in the United States for its academic strength, rigorous academics and prestigious professors. The school was founded in 1887 as an all-women’s school by a group of Quakers from Harvard University who were interested in creating an institution that would promote equal access to education regardless of gender or religion. Today it has more than 1,200 students who represent diverse racial backgrounds as well as students with disabilities on campus each year.
- Dartmouth College is a private Ivy League research university in Hanover, New Hampshire, United States. Established in 1769, it is the ninth-oldest college in the United States and one of the nine colonial colleges chartered before the American Revolution.
- Dartmouth enrolls 6,315 undergraduates and 4,670 graduate students from all 50 states and 68 countries. The university offers more than 100 majors across its 11 academic divisions and administers $450 million in endowment funds on behalf of its 26 colleges and schools.
Here are some colleges that meet the most financial need, based on the data.
Here are some colleges that meet the most financial need, based on the data. They are ranked by average net price of attendance for those students who receive financial aid. The first two columns show how much in grants and scholarships you’ll get from the school, followed by average tuition and fees, then finally average student loan debt load upon graduation:
- Princeton University ($16,885)
- Harvard University ($18,722)
- Dartmouth College ($19,906)
If you’re looking for the best schools to meet your financial need, it’s helpful to know which ones have the highest percentage of students receiving federal aid. We hope this list has given you some good options. Keep in mind that even if a school meets 100% of your need, you may still want to consider other factors such as location (or lack thereof), size, or program offerings before making a final decision.