![\"Regina](\"https:\/\/today.uconn.edu\/wp-content\/uploads\/2014\/01\/barecca130326a493.jpg\")
<\/a>\u201cWe\u2019re very pleased that the PRI report has shown the University of Connecticut excels in providing an affordable, high-quality education for our students, regardless of their economic means,\u201d says Wayne Locust, UConn vice president for enrollment planning and management.<\/p>\n
\u201cThis commitment to students and their families has been recognized by independent authorities like Kiplinger\u2019s Personal Finance, which has consistently named UConn as one of the \u2018best value\u2019 public universities in the nation,\u201d Locust says.<\/p>\n
UConn continues to attract great students in remarkable numbers. While many colleges and universities have seen applications for admission level off or even decline in recent years, the number of applications to UConn has risen dramatically.<\/p>\n
The University received nearly 30,000 applications this year, a 10 percent increase over last year, and SAT scores and diversity among applicants continues to climb.<\/p>\n
When students arrive at UConn, nearly all of them stay, with 94 percent of entering first-year students returning after their freshman year. The average time to graduation is 4.2 years, and UConn\u2019s graduation rates\u00a0\u2013 including those of minority and economically disadvantaged students \u2013 are among the highest of any public research university in the nation.<\/p>\n
\u201cWe look forward to working with lawmakers on the recommendations in the report and continuing to do all we can to provide a great education at a cost that is affordable to students and their families,\u201d says Locust.<\/p>\n
Some highlights of the Program Review and Investigations (PRI) report:<\/p>\n
- \n
- Nearly four out of every five incoming in-state students (78 percent) at UConn received financial aid, and nearly 71 percent of all financial aid dollars go to in-state students.<\/li>\n
- Need-based financial aid has grown by 81 percent since 2005-06, and has gone to a larger portion of individual students.<\/li>\n
- UConn spent $74.9 million on institutional grant aid for students in 2012-13, which has grown by 75 percent beyond inflation since 2005-06.<\/li>\n
- Compared to its peers, UConn\u2019s prices are about in the middle or lower, and the cost of attending UConn has grown at a rate much lower than comparable institutions. According to the report, while the median cost of attending a state flagship university increased by 22 percent between 2008-09 and 2011-12, the increase at UConn was 9 percent.<\/li>\n
- UConn\u2019s federal student debt generally compares favorably to similar universities, and UConn short-term student default rate is low at 2.3 percent.<\/li>\n
- UConn\u2019s graduation and retention rates have \u201cdramatically improved\u201d since 1995, \u201cfavorably impacting affordability,\u201d the report says.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"
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