Money Magazine gives UVA 5 stars, again

Money Magazine has given the , its highest score, in its new “Best Colleges Ranking.”

“Known as a ‘public Ivy,’ the University of Virginia offers in-state students a top-notch education at a reasonable price,” the news outlet wrote. “The icing on the cake? UVA is the only U.S. college where students hang out and study inside a UNESCO World Heritage Site, thanks to a gorgeous campus designed by University founder Thomas Jefferson.”

To calculate its score, Money examined more than 700 four-year colleges based on the value they provide to students. It measured schools using 25 data points, including graduation rates, the net price of a degree, student debt and alumni earnings. Rather than assigning a numerical rank, Money began grouping colleges into star ratings in 2023 to reflect their overall performance.

UVA is one of 42 schools that achieved a five-star ranking this year, including Harvard University, Yale University and the Massachusetts Institute of Technology.

Since Money adopted its star-rating system, UVA has earned either 4.5 or 5 stars every year – receiving the publication’s highest rating in 2023 and again this year.

The ranking also noted that among UVA students with financial need, 99% receive need-based grants, and the University meets 100% of demonstrated financial need. In addition, 28% of students receive merit grants, with an average award of $25,201.

Money bases its ratings largely on federal higher education data, including the U.S. Department of Education’s College Scorecard and its own analyses of affordability, graduation rates, alumni outcomes and the value a college adds for its students.

Media Contacts

Jane Kelly

University News Senior Associate Office of University Communications