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LIST OF THE 10 BEST COLLEGES FOR THE VALUE

LIST OF THE 10 BEST COLLEGES FOR THE VALUE

There's only one golden rule of college finance -- look beyond the sticker price. For students with good grades, these institutions are educational steals, thanks to their low tuition costs, generous financial aid packages or innovative aid opportunities. Handpicked by examining each school's admissions selectivity and net cost for middle-income families, these institutions provide significant bang for your tuition bucks.

Below are some of the best-value colleges in the country and worth checking out.

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1. New Mexico Institute of Mining and Technology, Socorro

With an in-state tuition rate of about $5,300, this school is a deal for state residents and a bargain for nonresidents, too. Out-of-state tuition is $15,754, but the school provides enough need-based financial aid to lower the net price to just more than $8,600 for families with combined incomes under $75,000, reports the National Center for Education Statistics, or NCES.

The deal is even sweeter for academically competitive students. New Mexico Tech offers substantial renewable scholarships for National Merit finalists, New Mexico science fair winners and entering students with high GPAs and SAT or ACT scores. (more)

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2. Brigham Young University, Provo, Utah (or BYU)

BYU doesn't distinguish between in- and out-of-state students, but it does between members of the Church of Jesus Christ of Latter-day Saints, or LDS, and those who aren't. For students who are LDS church members, the school is an unbelievably good deal with consistently top-ranked academics and rock-bottom tuition set at $4,560 for 2011-2012.

That's less than one-fifth of the cost of tuition and fees at the average four-year private nonprofit college, which is $27,963, according to The College Board. The sticker price for students who aren't LDS church members is set at twice the figure for members -- $9,120 for 2011-2012 undergrads. (more)

8 OTHERS SEE WHICH SCHOOLS MADE THE LIST

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Article by CHRISTINA COUCH, Bankrate.com | Read full article here

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