For the last several years, the U.S. News & World Report Best Colleges rankings have named Elmhurst College one of the Midwest’s best values in higher education.
At a time when the national economic climate remains anemic, and concerns continue about the cost of attending college, prospective college students are more focused than ever on finding an education experience that is worth the investment.
U.S. News’ recognition last fall of Elmhurst College as a Best Value School marks the fifth year in a row that Elmhurst has made the top 15 of the list, which ranks regional universities in the Midwest.
The designation is given specifically to institutions that offer an excellent education for the money. U.S. News determines the Best Value Schools list by taking into account a school’s academic quality, based on its overall U.S. News Best Colleges ranking, and the net cost of attendance for a student who received the average level of need-based financial aid for that academic year.
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 overall U.S. News category are included in the Best Value category, because U.S. News considers the most significant values to be among colleges that perform well academically. Elmhurst continues to rank among the top 10 percent among nearly 150 Midwestern colleges and universities in the Best Regional Universities category. Among Chicago-area schools in this category, Elmhurst ranks highest.
As for cost of attendance, the rankings showed that 74 percent of Elmhurst students in the 2012-13 academic year received grants based on financial need. The College notes that, when other forms of aid are included, 97 percent of full-time Elmhurst students received some form of financial assistance, with the average award adding up to $26,780.
"I am pleased, though not surprised, to see that Elmhurst continues to be recognized as one of the best schools in the Midwest,” said Elmhurst College President S. Alan Ray. The school’s additional recognition as a Best Value School “underscores our successful commitment to keep quality high and costs reasonable for our students.”