Loyola University New Orleans Named "Best Value" School by U.S. News and World Report
Loyola press release - September 9, 2015
U.S. News and World Report’s “Best Colleges” 2016 edition names Loyola among Top 20 universities in the South and one of the region's "Best Values" in higher education
Loyola University New Orleans provides one of the region’s “Best Values” in higher education; is considered one of the nation’s top colleges, and ranks among the Top 20 universities in the South, according to U.S. News and World Report “Best Colleges” 2016 edition.
Data released Wednesday also shows that Loyola New Orleans is ranked fifth in the region for diversity and is among the Top 10 universities in the region for veterans to receive higher education. Moreover, Loyola New Orleans' online graduate nursing program is ranked No. 15 in the nation.
“At Loyola University New Orleans, we strive to provide an outstanding Jesuit education and access to all,” said Loyola president Rev. Kevin Wm. Wildes, S.J. “It’s an honor and delight to know that we provide some of the ‘Best Value’ in education while working to provide a top-notch academic education and to instill “best values” in our students.”
Academically, Loyola, a top-tier university, ranked No. 11 in the “Best Regional Universities of the South” category, while coming in No. 12 in the South in the “Best Value” category. When ranking for “Best Value,” U.S. News considers the most significant deals to be among colleges and universities with strong, proven academic performance.
“The higher the quality of the program and the lower the cost, the better the deal,” U.S. News and World Report said in summary materials. “Only schools in or near the top half of their U.S. News ranking categories are included because U.S. News considers the most significant values to be among colleges that perform well academically.”
The “Best Value” ranking was calculated based on Loyola’s academic quality, as reflected by its U.S. News and World Report “Best Colleges” ranking, and the 2014-2015 net cost of attendance for a student who received the average level of need-based financial aid. Sixty-eight percent of Loyola students receive grants based on needs, according to U.S. News. The average cost to students of a Loyola education after receiving need-based grants is $28,176.
“Close to 90 percent of all Loyola students receive some form of institutional aid, making a Loyola education within reach for all families,” said Roberta Kaskel, vice president for enrollment management.
Loyola came in No. 9 in the region for “Best Colleges for Veterans,” No. 15 for Best Online Graduate Nursing Program and No. 5 in the region for ethnic diversity. The diversity ranking follows last month’s news from The Princeton Review, in which students ranked Loyola New Orleans No. 2 in the nation for being culturally inclusive.
The university's top-ranked, recently reaccredited online master's degree in nursing program is ranked No. 15 in the nation for "Best Online Graduate Nursing Programs," according to U.S. News and World Report. The online graduate nursing program is designed to help nurses who want to become nursing managers, administrators and health care executives to advance their careers.
U.S. News and World Report’s “Best Colleges 2016” guidebook will be on newsstands and available for sale via Amazon, Barnes & Noble and other retail outlets on Sept. 29. The guidebook can be pre-ordered at http://www.usnews.com/collegeguide.