U.S. News & World Report released its annual college rakings earlier this month, and Montreat College received impressive rankings for its low student debt. The student debt load that Montreat College students have at graduation is the 2nd lowest among regional universities in the state of North Carolina, and the 13th lowest in the entire South region. According to the report, the average student loan debt for a graduating Montreat College student is 45% lower than the national average for all colleges and universities.
“This ranking affirms Montreat College’s commitment to providing our students with a high-quality Christ-centered liberal arts education without saddling them with excessive student loan debt,” says Montreat College President Paul J. Maurer. “This is something we are dedicated to as an institution. 100 percent of our annual fund goes to student aid and scholarships, and 99 percent of our students receive institutional aid.”
The impressive ranking from U.S. News & World Report is the latest in a string of accolades Montreat College has received from national publications in recent years. In 2017, Money magazine named Montreat College one of America’s “Best Colleges for Your Money,” ranking Montreat 8th among North Carolina’s 48 colleges and universities. And in 2015, The Economist ranked Montreat College 5th among North Carolina’s 48 schools.