Kiplinger's Personal Finance ranks University of Richmond No. 11 on its 2012-13 list of best value private universities

Kiplinger’s Personal Finance ranks University of Richmond No. 11 on its 2012-13 list of 200 best value private universities. Richmond ranked 12th on the magazine’s 2011-12 list.

Kiplinger’s rankings identify colleges that the editors feel provide the most value for the price of tuition.

Richmond was selected for its academic quality and generous financial aid and scholarship programs. It remains among a small group of colleges and universities offering need-blind admission – it does not consider an applicant’s ability to pay in the admission decision – while also meeting 100 percent of demonstrated financial need.

Richmond awards 50 full tuition merit scholarships through its Richmond Scholars program. Any qualified, admitted Virginia resident whose family income is less than $40,000 attends at no cost.

“Kiplinger’s list of the best private colleges has become a recognized and respected resource for families researching the best value in college education,” says editor Janet Bodnar. “The schools on this year’s list offer students both academic excellence and affordability, which is increasingly important in this challenging economic landscape.”