Paying for college can be a major headache. Many people are deterred from the possibility just based on numerous reports of people in lifelong debt. Debt is not appealing nor is it something to easily ignore. Many students enter college with optimism regarding their capacity to pay off their loans based on the high-paying job they should receive post-graduation. However, recent studies have shown that the salaries of students who attend college is not commensurate with the amount of money invested in their education. This is where UC Riverside comes into play—our very own university offers the best financial aid plan in the nation. This is a major achievement and it may lead many others to consider traveling to our part of town to receive a quality education and at a considerate price.
There are several Universities of California throughout the state. Sometimes UC Riverside doesn’t get its fair shine, but knowledge of our campus providing the best financial aid package should make our university appear more appealing. The quality of financial aid packages is calculated based on the assortment of offerings: work-study, grants, and student loans. We can assume that more grant and work-study offerings helped to raise UC Riverside’s rankings because the goal is to obtain a degree without tons of debt.
UC Riverside has made such phenomenal financial strides as it pertains to providing students with a quality education at an affordable rate, that the University even made the Top 30 list for Times’ money magazine. Time Magazine weighted a number of factors into their decision of placing UC Riverside on their list. They considered the graduation rate of students at the university in addition to the school’s overall financial wellness. Additionally, the top tier magazine considered the average number of years it takes for students to graduate and the percentage of full-time students.
UC Riverside is also making a major impact as it regards graduation rates of African American students. Typically a vulnerable population when in college, African American students find it easier to glide through the demands of college at UC Riverside, which further insinuates that a financially healthy college can lead to the success of many students. UC Riverside’s statistics show that whites and the various other races to that attend its school have similar graduation rates which is not always common at other schools. In fact, UC Riverside recently ranked the highest in terms of consistent college graduation success throughout multiple, consecutive years.
Even the students at UC Riverside don’t shy away from contributing their success to the financial aid packages they have received. The generosity of the university attracts more students who may initially be in a vulnerable position when attempting to thrive in college. Given the fact that finances often don’t post a huge concern for students attending this institution, students are able to focus more on their academics. The generosity of UC Riverside is changing the ways in which higher education is perceived and making a way for all people to gain access to a quality education. This is something Riverside County can certainly be proud of!