Forbes names ACU among top universities for financial strength
The list assessed 928 private colleges using data from the Department of Education's National Center For Educational Statistics as well as from higher education analytics and consulting firm Perspective Data Science, which zeroes in on colleges' true liquidity. Only 103 universities in the nation received an A+, and only 71 scored a 4.5 GPA.
"To be recognized among the top performers nationwide – at a time when financial pressures across higher education continue to intensify – speaks to ACU's strength and sustainability," said Dr.
The Forbes College Financial Grades report used 10 metrics in evaluating the financial health of private, not-for-profit colleges:
- Endowment assets per student (15%)
- Three-year average of liquid reserves compared to annual operating expenses (15%)
- Primary reserve ratio (10%)
- Long-term debt coverage (10%)
- Core operating margin (10%)
- Two-year enrollment growth (10%)
- Tuition as a percentage of core revenues (7.5%)
- Return on assets (7.5%)
- Net tuition revenue per student (7.5%)
- Instruction expenses per student (7.5%)
Abilene Christian University serves a diverse student population of about 7,200 with world-class teaching in a Christ-centered community. Founded in 1906, this Carnegie Research 2 university is nationally recognized for undergraduate teaching and undergraduate research. Students choose from 90 baccalaureate majors that include more than 186 areas of study, 77 areas of study in master's degree and specialist programs, and five doctoral programs. ACU's mission is to educate students for Christian service and leadership throughout the world. Learn more at acu.edu.
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SOURCE Abilene Christian University
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