UNM NAMED ONE OF AMERICA'S 100 BEST COLLEGE BUYS®

October 1, 2003

UNM NAMED ONE OF AMERICA'S 100 BEST COLLEGE BUYS®

For the eighth consecutive year, the University of New Mexico has been named in the annual report on America's 100 Best College Buys® designating UNM one of America's best college educations for the cost.

Institutional Research and Evaluation, Inc. compiled the list from a survey of 1,461 accredited U.S. colleges and universities offering four-year undergraduate degree programs. Of the institutions surveyed, 1,086 schools responded. The survey results showed that UNM's 2002-03 out-of-state cost was $17,864 compared to the national average at a public institution of $21,308.

UNM President Louis Caldera said he was very pleased that UNM was again named to the list.

"I am delighted that for the eighth year, UNM continues to be named in the report," Caldera said. "UNM's standing among America's Best 100 College Buys demonstrates a commitment to provide New Mexico students an affordable, high quality education that is second to none."

To be considered for the designation of the America's 100 Best College Buys® the institution must be an accredited four-year institution offering bachelor degrees; offer full residential facilities including residence halls and dining services; have a fall 2002 entering freshman class with a high school grade point average and or SAT/ACT score equal to or above the national average for entering freshmen; have an out-of-state cost of attendance in 2003-04 for three quarters or two semesters below the national average cost of attendance or not exceeding the national average cost by more than 10 percent.

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