Kiplinger’s Personal Finance magazine has named the University of Richmond 12th on its list of 100 best values in private universities.

The magazine’s editors said they selected Richmond for combining “outstanding quality with affordability.” They noted Richmond’s “high four-year graduation rate, low average student debt at graduation, good student-to-faculty ratio, excellent on-campus resources and overall great value.” The full list of schools can be found at

“The institutions on Kiplinger’s rankings for best value in private colleges represent schools that provide high-quality academics as well as affordable costs even in these tough times,” said Jane Bennett Clark, senior associate editor. “With money tight and the college choice so important, you have every reason to expect the best bang for your buck.”

Richmond remains among a small number of colleges and universities committed to need-blind admissions. It does not consider ability to pay when making admission decisions, and it meets 100 percent of each student’s demonstrated financial need. The University awarded $64 million in financial aid this year.

Richmond’s average award to students who receive financial aid is $33,530. Around 69 percent of students receive some form of financial assistance. Merit scholarships of up to full tuition and room and board are available.