Albright College has been recognized by LendEDU as one of the best schools in the nation for financial aid. The college ranks #105 in the country and #11 in Pennsylvania. Albright grants $18 million in financial aid each year and 97% of the college’s 1,400 students receive aid.
Utilizing Peterson’s Undergraduate Financial Aid Database and the National Center for Education Statistics’ Integrated Postsecondary Education Data System (IPEDS), LendEDU’s scale ranks schools according to their average financial aid offerings for need-based financial aid (60% weight), non-need-based financial aid (34% weight), and financial aid for international students (6% weight).
Albright College’s need-based score of 90.198, non-need-based score of 38.679 and international score of 46.762 combined for a total financial aid score of 70.075.
“As an institution committed to educating students of academic promise, we believe that the life-changing benefits of an Albright education must be equally available to talented, determined students across the broadest range of socioeconomic backgrounds,” said President Jacquelyn S. Fetrow, Ph.D. ’82, when the college right-sized its tuition by 45% last year.
“Yet, nationally, gaps in college degree attainment and social mobility are growing. Increasingly – and all too often – the economic circumstances of a young person’s family define his or her future. In an era in which family incomes have stagnated and higher education costs have outpaced incomes, Albright is taking steps to close the gap and make education affordable.”
An online financial product marketplace, LendEDU aims to help consumers learn about and compare student and personal loans, credit cards, insurance, banking products and more. The organization’s methodology included 2018-19 financial aid data of four year colleges and universities.