The Princeton Review, publisher of test prep programs and college guide books, has selected the University of Richmond for its 2012 list of 75 best value private colleges.

Richmond is one of 150 colleges and universities that The Princeton Review chose for its new book, “Best Value Colleges: 2012 Edition,” on sale beginning today. The book profiles the 75 public and 75 private colleges and universities it found that offer the best value to prospective college students.

“The University of Richmond prides itself on its practice of need-blind admission, and this school invests a tremendous amount of time and money in making it possible for lower- and middle-income students to come here,” the book notes.

Richmond is among only around 60 American colleges and universities with fully need-blind admissions — meaning it does not consider ability to pay in the admission decision, and it provides 100 percent of demonstrated financial need to admitted domestic undergraduates. The university awarded some $65 million in financial aid this year.

The Princeton Review’s annual best value guide has selected Richmond every year since the publication began in 2004. Other college guides naming Richmond a best value during the past year include U.S. News & World Report, Kiplinger’s Personal Finance and SmartMoney (published by The Wall Street Journal).