STONY BROOK, NY, January 3, 2013 – Stony Brook University was named the 22nd best value in public colleges and universities for in-state students and the 9th best value for out-of-state students for combining “outstanding education with economic value” by Kiplinger’s Personal Finance in its top 100 rankings of public four-year institutions. Last year, Kiplinger ranked Stony Brook as the 35th best value for in-state and 29th for out-of-state. The rankings are posted on the Kiplinger website and will appear in the February 2013 issue of Kiplinger.
According to Kiplinger, Stony Brook is one of the most selective schools on the list with an admission rate of 39 percent. It is also one of only three in Kiplinger’s top 25 best values to charge an out-of-state sticker price of less than $30,000 (after need-based aid, the cost for out-of-state students is $22,543). Kiplinger’s assesses quality and affordability according to a number of measurable standards including competitiveness, graduation rates, academic support, student indebtedness at graduation, cost and financial aid.
“It’s always gratifying to be recognized by Kiplinger’s Personal Finance as a best value in public education,” said Stony Brook University President Samuel L. Stanley Jr., MD. “Stony Brook prides itself on delivering the best education at the most affordable price, which is especially important in these difficult economic times. This affordability, together with academic excellence, continues to enhance the value of a Stony Brook degree.”
Stony Brook University was also highlighted for its course offerings, 68 majors and 78 minors across 200 academic programs; 98 percent of faculty members possessing either doctoral degrees or the highest degrees in their respective fields; faculty being responsible for more than 1,700 inventions and more than 500 patents; and a 92 percent retention rate for freshman staying on for their sophomore year.
“We applaud this year’s top 100 schools for their efforts to maintain academic standards while meeting the financial needs of their students,” said Janet Bodnar, editor of Kiplinger’s Personal Finance. Click here for more in-depth Kiplinger rankings with sortable data by criteria such as state, tuition cost, average debt, student-to-faculty ratio, admission rate and more.
The ranking of Stony Brook University as the 22nd best value public college and university for in-state students and ninth for out-of-state students in the nation is the latest in outstanding rankings conferred upon the university by independent organizations, including recent recognition by the U.S. News & World Report as being among the top 100 national universities and the top 40 public universities for 2013.
About Stony Brook University
Part of the State University of New York system, Stony Brook University encompasses 200 buildings on 1,450 acres. In the 50+ years since its founding, the University has grown tremendously, now with nearly 25,000 students and 2,200 faculty members and is recognized as one of the nation’s important centers of learning and scholarship. It is a member of the prestigious Association of American Universities, and co-manages Brookhaven National Laboratory, joining an elite group of universities, including Berkeley, University of Chicago, Cornell, MIT, and Princeton that run federal research and development laboratories. SBU is a driving force of the Long Island economy, with an annual economic impact of $4.65 billion, generating nearly 60,000 jobs, and accounting for nearly 4% of all economic activity in Nassau and Suffolk counties, and roughly 7.5 percent of total jobs in Suffolk County.
About Kiplinger’s Personal Finance
For nine decades, the Kiplinger organization has led the way in personal finance and business forecasting. Founded in 1920 by W.M. Kiplinger, the company developed one of the nation’s first successful newsletters in modern times, The Kiplinger Letter. Launched in 1923, The Kiplinger Letter remains the longest continuously published newsletter in the United States. In 1947, Kiplinger created the nation’s first personal finance magazine. Kiplinger.com is the fastest growing website in the personal finance space. Located in the heart of our nation’s capital, Kiplinger editors remain dedicated to delivering sound, unbiased advice for your family and your business in clear concise language.