“We commend – and recommend – each of the 209 schools that made our Best Value Colleges list for 2023,” said Rob Franek, editor-in-chief of The Princeton Review. “They share three exceptional distinctions: stellar academics, strong career prospects for their graduates, and affordable cost via generous financial aid or a comparatively low sticker price (or both!). For these reasons and many others, our Best Value Colleges are truly a select group. They comprise only about 8% of the nation’s 2,637 four-year undergraduate degree-granting institutions.”
The University is consistently lauded for its return on investment. Last May, for example, Money magazine ranked UVA the No. 3 best value among all public and private universities.
UVA has a long-standing commitment to generous need-based financial aid. The University’s financial aid program, Access UVA, meets 100% of undergraduates’ demonstrated financial need through a combination of grants, scholarships, jobs and limited need-based loans. It limits need-based loans to a maximum of $4,500 per year for in-state students and $7,000 annually for out-of-state students. Need-based loans are capped at $1,000 per year for in-state students with high financial need.
Expanding access and affordability are key components of the University’s Great and Good strategic plan.