Felician Ranked Among Top 25 Private Colleges Nationwide for Merit Aid
Rutherford and Lodi, NJ — Felician College was named to Money Magazine’s 2015 Best Colleges List, joining a select group of universities and colleges that deliver a great return on investment for tuition dollars.
In the Editor’s letter that prefaces the Best Colleges List, Money Editor Diane Harris said, “Soaring tuition, crippling levels of student debt, and a highly competitive job market for new grads have raised the stakes for college-bound families.” Harris continues: "Finding a school that delivers great value—a quality education at an affordable price while helping students launch promising careers—is no longer just the preferable approach for families; it's imperative."
Mark Schneider, former head of the National Center for Education Statistics and current president of College Measures said in a press release issued by Money, "A school's name isn't everything. Results are. You may be surprised that schools you may never have heard of will give you a better shot at success."
Underscoring Schneider’s remarks, Felician College was also ranked by Money on the magazine’s Top 25 Private Colleges for Merit Aid list. Felician received an impressive Value Added Grade of “A”, reflecting how well the school’s students perform vs. expectations for students with similar economic and academic backgrounds (as measured by graduation rates, student loan defaults and post-graduation earnings). Money’s list cites the average early career earnings of Felician graduates as being $45,500 a year.
“Felician College is a small, nurturing Catholic College offering the benefits of a large university,” said Felician President, Dr. Anne Prisco. “Driven by a caring Franciscan spirit, we are most proud of Felician’s strong focus on how ‘values make a difference’ in the lives of our students; successfully guiding them from the classroom to careers. Felician’s values underlie our school’s approach to education and service, which I believe to be an immeasurable, powerful legacy.”
In addition to its longstanding reputation in nursing and teacher education—evidenced by an outstanding pass rate for its students on the National Council Licensure Examination (NCLEX) for Registered Nurses, and a nearly 100% first year employment rate of graduates from the College’s School of Education—the College also offers undergraduate and advanced degree programs in business and arts and sciences..
Dr. Prisco added, “Felician’s student-to-faculty ratio rivals Ivy League schools, and its faculty is highly dedicated and responsive to student needs. I believe faculty and staff are attracted to and remain at our College because of a deep belief in supporting the transformational success of our students.”
An article entitled, “Money Magazine’s new college rankings finally get it right for students” (July 13, 2015), published by the Washington Post, praised Money’s Best Colleges List: “Moneytries to crack the code on answering the ROI question, and of all the rankings out there, comes the closest.”