Strongest financial health – U.S. universities

These 50 U.S. universities rank highest by NACUBO Composite Financial Index (CFI), drawn from 1,785 institutions with reported data in the U.S. Department of Education data for 2024-25. Gavilan College (Gilroy, CA) leads at 10.0.

Institutions ranked by Financial Health Index (CFI).
#InstitutionFinancial Health Index (CFI)
1Gavilan CollegeCA · Public10.0
2New Mexico Junior CollegeNM · Public10.0
3Trinidad State CollegeCO · Public10.0
4Columbia State Community CollegeTN · Public9.9
5Long Island UniversityNY · Private9.9
6Saint Louis Community CollegeMO · Public9.9
7California State Polytechnic University-HumboldtCA · Public9.7
8Ferris State UniversityMI · Public9.7
9Wayland Baptist UniversityTX · Private9.7
10Aiken Technical CollegeSC · Public9.6
11Dunwoody College of TechnologyMN · Private9.6
12Southwestern Illinois CollegeIL · Public9.6
13Yeshivath ViznitzNY · Private9.6
14Everglades UniversityFL · Private9.5
15Lindsey Wilson UniversityKY · Private9.4
16Western Piedmont Community CollegeNC · Public9.4
17Massachusetts College of Pharmacy and Health SciencesMA · Private9.2
18Casper CollegeWY · Public9.1
19Geneva CollegePA · Private9.1
20University of the CumberlandsKY · Private9.1
21Canada CollegeCA · Public9.0
22College of San MateoCA · Public9.0
23Jackson State Community CollegeTN · Public9.0
24Parkland CollegeIL · Public9.0
25Saint Louis UniversityMO · Private9.0
26Skyline CollegeCA · Public9.0
27California State University-BakersfieldCA · Public8.9
28Louisiana Delta Community CollegeLA · Public8.9
29Waubonsee Community CollegeIL · Public8.9
30Worcester State UniversityMA · Public8.9
31Fisher CollegeMA · Private8.8
32Grove City CollegePA · Private8.8
33Hillsdale CollegeMI · Private8.8
34Indiana University-IndianapolisIN · Public8.8
35Mercy UniversityNY · Private8.8
36Saint Ambrose UniversityIA · Private8.8
37Chipola CollegeFL · Public8.7
38Hardin-Simmons UniversityTX · Private8.7
39John Brown UniversityAR · Private8.7
40Mitchell Community CollegeNC · Public8.7
41South Puget Sound Community CollegeWA · Public8.7
42Taylor UniversityIN · Private8.7
43Berea CollegeKY · Private8.6
44Essex County CollegeNJ · Public8.6
45Freed-Hardeman UniversityTN · Private8.6
46Mississippi State UniversityMS · Public8.6
47Pontifical Catholic University of Puerto Rico-PoncePR · Private8.6
48Saint Johns UniversityMN · Private8.6
49Sussex County Community CollegeNJ · Public8.6
50Wilmington UniversityDE · Private8.6

The Composite Financial Index (CFI) is the NACUBO/accreditor balance-sheet health score; bond-rating agencies track similar ratios. The CFI clamps and rewards reserves relative to budget size, so this list is limited to institutions with at least 1,000 undergraduates for comparability. A data ranking, not an Ibex endorsement or quality rating. Ranked solely on the metric named above using U.S. Department of Education data for 2024-25; federal collections lag the current academic year, and some measures are no longer published at all, so the most recent figure is not always a recent one. Institutions that do not report this metric are excluded. Figures and peer context appear on each institution’s profile.

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Which of these U.S. universities ranks highest by NACUBO Composite Financial Index (CFI)?

Gavilan College (Gilroy, CA), at 10.0. It leads 50 institutions shown here, drawn from 1,785 with reported data.

How is this ranking calculated?

On one disclosed metric only: by NACUBO Composite Financial Index (CFI), from College Scorecard & IPEDS, 2024-25. Institutions that do not report the metric are excluded. It is a data ranking, not an Ibex endorsement, quality rating or reputation survey, and no part of it is estimated or AI-generated.

How current is the data?

This list is built from the College Scorecard release of June 10, 2026 and the newest IPEDS collection on disk, using the most recent figure each of them publishes for the metric it ranks: College Scorecard & IPEDS, 2024-25. Federal collections lag the current academic year by two to three years, so the newest published figure is not always a recent one; the release the leaderboard is dated on is printed under it.

Source: U.S. Department of Education, College Scorecard & IPEDS (each measure carries its own collection year; see the methodology), with NSF NCSES (HERD), the Clery Act & EADA collections, Census ACS, BLS Employment Projections, WICHE & the FSA Direct Loan Dashboard. Compiled by Ibex Insights. For informational benchmarking only, not financial, investment, or accreditation advice. See the methodology.