SmartAsset has ranked UA among the top 10 colleges and universities in Ohio for best value. Among the top 10 institutions in the ranking, UA is the third highest-ranked public university and eighth overall.
SmartAsset, a consumer-focused financial information and advice website, identified the best value colleges and universities in the U.S. based on factors such as tuition, student living costs, scholarships and grants, student retention rates, and starting salaries for new graduates.
The University provides various financial aid options, including the newly expanded Making Akron Possible (MAP) Grant. This grant covers full tuition and fees for eligible new and transfer students from Summit, Stark, Medina, Portage, Cuyahoga, and Wayne counties.
Madelyn Beisler, a second-year student at the University of Akron, was intrigued by the statement made that UA is in the top 10 institutions in the state of Ohio.
“I understand why they are ranked this high. I am an out of state student, but since I got a certain GPA in high school, I was qualified for a scholarship that makes me pay in state tuition, even though I am from out of state.” Beisler said.
SmartAsset, a consumer-focused financial information and advice website, identified the best value colleges and universities in the U.S. based on factors such as tuition, student living costs, scholarships and grants, student retention rates, and starting salaries for new graduates.
Kendall Getz is also a second-year student at the University of Akron and is pleased with the decision she made of what college to go to further her education and get a degree.
“I was between a couple of schools but then noticed the price difference in tuition with other schools and UA. I was also granted more scholarships compared to other schools. I think this website is very useful to decide where you would want to go financially, and what offers more experiences for you, and I am happy to see that my college is high on this list.” Getz said.
SmartAsset calculated the Best Value Colleges index by assigning a 25% weight to starting salary, tuition, and living costs, and a 12.5% weight to scholarships, grants, and retention rate. Schools were then ranked based on their index scores.
