NEWS RELEASE

Park University has the second-lowest net price of any private, not-for-profit college/university in the United States and its territories that is not a Bible college or has a religious affiliation, according to rankings released by the U.S. Department of Education.

Park's net price (after scholarship and grant aid) is $8,328, while the national average for private not-for-profit four-year or above schools is $18,770. Park is the only private, nonprofit four-year school based in Missouri or Kansas ranked in the top 125 at No. 100. In addition, Park is the highest ranked non-Bible/religious college/university in the West North Central states of the Midwest region (among Missouri, Kansas, Iowa, Minnesota, Nebraska, North Dakota and South Dakota).

The average net price is generated by subtracting the average amount of federal, state/local government, or institutional grant or scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state, where applicable), books and supplies, and the weighted average for room, board and other expenses. The average net price is for full-time beginning undergraduate students who received grant or scholarship aid from federal, state or local governments, or the institution.

The rankings come from the U.S. Department of Education’s National Center for Education Statistics, Integrated Postsecondary Education Data System, and encompass the Fall 2010 institutional characteristics component and Spring 2011 student financial aid component. To view the list of rankings, visit http://collegecost.ed.gov/catc/Default.aspx.