Abilene Christian University ranked among the top private universities in the nation for financial health in the , receiving an A rating.
The list assessed 876 private universities based on financial data from the . Only 54 institutions received an A grade or higher, and 精东影业 was fourth among Texas schools.
鈥淚鈥檓 incredibly proud of our administration, faculty and staff and their dedication to stewarding our resources in such a complex environment,鈥� said Dr. Phil Schubert, 精东影业 president. 鈥淭his recognition acknowledges 础颁鲍鈥檚 solid financial foundation 鈥� allowing us to provide a world-class education and an exceptional experience for Abilene Christian students.鈥澛�
The Forbes College Financial Grades report used nine metrics in evaluating the financial health of private, not-for-profit colleges:
- Endowment assets per full-time equivalent student (17.5%)
- Primary reserve ratio (15%)
- Tuition as a percentage of core revenues (15%)
- Viability ratio (10%)
- Core operating margin (10%)
- Return on assets (10%)
- Admissions yield (7.5%)
- Percent of freshmen getting grant aid (7.5%)
- Instruction expenses per full-time equivalent student (7.5%)
础颁鲍鈥檚 net assets reached $1 billion in 2023, thanks in part to the outstanding performance of the university鈥檚 endowment, which was valued at $823 million as of July 2024.
— Wendy Kilmer
Aug. 16, 2024