UR named to “Best Value” List for third year in a row
Princeton Review and USA Today have just named the University of Richmond to its list of 5—best value private colleges for 2010, despite its high admissions costs. Charles Fishburne reports.
Tuition at the University of Richmond is in sticker-shock territory at 50 thousand dollars a year. So how can it rate a 'best value in private colleges' across the country?
Eckert: Some people may think that they can't afford to come to a place like Richmond, but because of the generous amount of financial aid that we have, anyone should apply and see if it's not actually an affordable place to attend.
Brian Eckert at the University of Richmond.
Eckert: University of Richmond is a truly need-blind institution, that is, that we don't consider an applicant's ability to pay in the admission decision, and once someone has been admitted, we will provide 100% of the demonstrated financial need that a student has.
That translates to 60% of the students at the University of Richmond getting varying degrees of financial aid, and many getting a virtual free ride. This is the third year in a row the University of Richmond has made the Princeton USA Today 'top 50 best value' list.
Charles Fishburne, WCVE News