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TAMIU Named to Top 40 Most Affordable Colleges Posted: 12/03/15

TAMIU Named to Top 40 Most Affordable Colleges

 

Students Walking
 

A recent national ranking by Time, Inc.’s MONEY’s Best Colleges includes Texas A&M International University (TAMIU) in a select group of schools it has dubbed “The 40 Most Affordable Colleges for Low-Income Students.”

  The authors note that at listed colleges and universities, students from families earning less than $48,000 can typically graduate debt-free.

The MONEY ranking follows a formula devised by the Lumina Foundation, which maintains that a college can only be called “affordable” if the student’s cost of the bachelor’s degree is no more than the total of 10% of the family’s discretionary income over 10 years, and the amount a student can earn working 10 hours a week during the school year.

MONEY authors tested the Lumina definition of affordability against the net price reported to the government by colleges and universities for different income groups. They found only 40 “affordable” colleges for low-income students meeting a standard for acceptable graduation rates.  All of the colleges listed provide enough scholarships so that a typical low-income student working part-time should be able to graduate debt-free, authors write.

TAMIU president Dr. Ray Keck said the ranking is an affirmation of the University’s mission and commitment to its students.

“We’re all about access and affordability and this affirms this.  To any parents and potential students, we urge them to consider this ranking carefully. Only one other Texas university, Texas A&M University in College Station, is ranked and we are the only regional university of the A&M System recognized in this manner,” Dr. Keck noted.

Among other noteworthy universities included in the MONEY Top 40 are Harvard University, the Massachusetts Institute of Technology, Princeton University and Stanford University.  Others listed include Baruch College of the City University of New York, Duke University, California State University and Indiana State University.

Last month, The Economist, one of the world’s most prestigious weekly newspapers, released its first-ever college rankings, ranking TAMIU Ninth among the nation’s Top 20 Colleges and Universities and the only Texas institution in its Top 20. That ranking looked at the value of the college or university, specifically schools which boost graduates’ salaries.  Colleges were ranked based on alumni earnings above expectation.

To see the entire “The 40 Most Affordable Colleges for Low-Income Students” listing, go to: http://ti.me/1QeIOBk

TAMIU Registration for Spring 2016 is underway. Spring classes begin Jan. 20, 2016.  Last day of registration is Jan. 26. 

            For more information, please contact the Office of the Registrar at 956.326.2250.

            University office hours are 8 a.m. – 5 p.m. Monday-Friday.  

Additional University information is available online at tamiu.edu and via University social media sites on Facebook, Instagram, Twitter and YouTube.