Princeton Review Names Pomona One of the Nation's Top 10 for Financial Aid
Pomona College has been named one of the nation’s top 10 colleges for financial aid by The Princeton Review, which released its “2012 Financial Aid Honor Roll” this week.
Each of the schools on the list received The Princeton Review’s highest financial aid rating score of 99, based on financial aid awards, surveys of students receiving aid and surveys of administrators. Scores were tallied for 613 colleges and universities.
In addition to Pomona College, the list included: Carleton College, Claremont McKenna College, Columbia University, Franklin W. Olin College of Engineering, Princeton University, Swarthmore College, Thomas Aquinas College, Vassar College and Yale University.
The organization’s institutional survey for the ratings included questions on the percentage of the school's students determined to have need who received aid, the percentage of need met, and the percentage of students whose aid was fully met. The rating tallies also factored in data from the company's surveys of students attending the schools about their satisfaction with their aid awards.
Pomona College meets the full financial aid need of every admitted student with scholarships and a limited amount of work-study funds. For the 2011-12 academic year, the College expects to distribute approximately $29.3 million in grant and scholarship assistance.
The ratings (scored on a scale of 60 to 99) appear in school profiles posted on www.PrincetonReview.com and in the profiles of the schools in the 2012 editions of two Princeton Review guidebooks, The Best 376 Colleges and Complete Book of Colleges, that went on sale August 2.
In announcing the 2012 Financial Aid Honor Roll, Robert Franek, Princeton Review senior vice president and publisher, said, "We commend these schools for all they have done to meet the financial aid needs of their students. We also encourage applicants always to get current information about a school's financial aid offerings and never to cross a school off their list because of its sticker price: Sometimes the most expensive colleges are the most generous with their grants and aid."