Alice Lloyd College was recently ranked third in Kentucky in the 2021 College Financial Grades by Forbes magazine. Once again, the College placed among the top schools in the nation with a financial grade of an A-.
Forbes annually reports the financial health of American private-not-for-profit colleges. Eligible colleges are analyzed on nine components: endowment assets, primary reserve ratio, viability ratio, core operating margin, tuition as a percentage of core revenues, return on assets, admissions yield percent of freshman getting grant aid and instruction expenses per full-time equivalent. While the data reflects the 2018 and 2019 fiscal years, it offers a strong indicator of the colleges and universities that will survive and thrive post-pandemic. ALC has continued to ensure Appalachian students the opportunity of a college education by never accepting direct federal funds and operating without debt. The College has functioned in this manner since its inception and is why Mrs. Lloyd’s 100-year-old mission to provide education to the Appalachian region continues to prosper.
A character-based education is available to those residing in ALC’s 108 service counties at low cost. The student work program is one of those opportunities which helps keep tuition costs low while also providing students with valuable work experience. Opportunities are provided year after year thanks to the kind support of ALC alumni and friends of the College. ALC is humbled to be recognized and ranked among other notable institutions by Forbes magazine.