April 12, 2016 – Stony Brook University was deemed one of the top 50 colleges to offer the best value for African-American students by Money & Essence Magazines. This determination comes after analysis of offerings from more than 1,500 colleges.
“Access to excellence is a vital component of the Stony Brook University mission, so being recognized by Money and Essence as one of the best among national universities for African-American students is a gratifying external validation for our faculty, students and staff,” said Stony Brook University President Samuel L. Stanley Jr. “I believe that diversity is a key component that contributes significantly to the quality of life on campus and inspires all to greater accomplishments.”
In their study, Money & Essence used the criteria in four categories to make their selection:
- Graduation rates, which they considered one of the best measures of how a college serves students;
- Affordability, which was calculated with the average net price of the degree from each school after subtracting its financial aid;
- Earning potential, determined by a recent analysis by Georgetown Center on Education and the Workforce to identify colleges that produce relatively high earners, given the background of their student body; and,
- Representation, which was judged on whether African Americans represent at least 5% of students.
Click here to see a list of all 50 of the colleges on the Money & Essence ranking list.
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