Saint Peter’s Recognized for Best Value in the 2023 U.S. News & World Report Best Colleges Rankings in Regional Universities North Category
Jersey City, N.J. – September 12, 2022 – Saint Peter’s is proud to announce that the University was recognized among the top ten for best value institutions as 6th in the Regional Universities North category in the 2023 U.S. News & World Report Best Colleges Rankings. Saint Peter’s also held its place of 58th in the Regional Universities North category overall, after making a considerable climb last year. In addition, the University was recognized for its excellence in social mobility and economic diversity.
“U.S. News & World Report Best Colleges Rankings are a valued resource for many students and parents during the college search process and Saint Peter’s is honored to continually be recognized in the areas that matter to our community,” said Eugene J. Cornacchia, Ph.D., president of Saint Peter’s University. “This year’s rankings are a testament to the University’s growing reputation, results of our strategic plan, Vitality, Value and Viability, and our increase in graduation rates, among other factors.”
In order to determine the best value rankings, U.S. News & World Report considers factors such as the institution’s academic quality and the net cost of attendance for a student who received the average level of need-based financial aid. Colleges and universities that were ranked highest on this list had the best quality programs at the lowest cost. For the overall rankings, U.S. News & World Report utilizes 17 measures of academic quality, including graduation and retention rates, social mobility, academic reputation, faculty resources, financial resources and alumni giving, among others.
Saint Peter’s was ranked highest in the state of New Jersey in social mobility and 11th in the Regional Universities North category overall. U.S. News & World Report defines social mobility by a college’s success in the upward socio-economic movement of students by enrolling and graduating students awarded federal grants. The University was also ranked 5th in economic diversity in the category overall. Economic diversity is measured based on the percentage of undergraduates receiving federal Pell Grants for low income students.
U.S. News & World Report defines a regional university as one that provides a full-range of undergraduate programs and master’s programs, but few doctoral programs. The North Regional University category includes institutions of this nature in Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New York, Rhode Island, Vermont and Washington D.C.
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For 150 years, Saint Peter’s University, inspired by its Jesuit, Catholic identity, commitment to individual attention and grounding in the liberal arts, educates a diverse community of learners in undergraduate, graduate, doctoral and professional programs to excel intellectually, lead ethically, serve compassionately and promote justice in our ever-changing urban and global environment. To learn more, please visit saintpeters.edu.