Forbes ranks Cal Poly Pomona among the nation’s best schools for high quality education and successful financial outcomes for graduates in its 2019 Best Value Colleges list. The university was No. 59, up seven places from last year’s ranking.
Using data from the U.S. Department of Education’s College Scorecard and PayScale, Forbes evaluated 300 U.S. colleges and universities based on net price, alumni earnings, academic quality, graduation rates and the number of Pell Grant recipients.
Forbes revised its methodology in 2018 to focus more on each school’s societal contribution, putting greater emphasis on affordability and economic benefits, which contribute to better rates of upward mobility.
“Most students and their families are interested in value over prestige,” Forbes writer Caroline Howard says. “This is the definitive guide for those looking for an excellent return on one of the most important investments of their lives.”
At Cal Poly Pomona, more than $222 million in financial aid (including grants, loans, scholarships and federal work study) was awarded to students in 2018-19. Nearly 76 percent of students received financial aid that year with the average grant being $11,167.
Cal Poly Pomona’s quality education and value have also been recognized by Money Magazine and the 2018 “Social Mobility Index,” where the university is listed at No. 3 nationally among universities that help low income students find financial success.
Sixteen other California State University campuses were also recognized by Forbes on the 2019 Best Value Colleges list. The CSU is the nation’s largest and most affordable public four-year university system, opening the door to educational opportunities for nearly half a million students and awarding more than 125,000 degrees each year.