Strongest financial health – baccalaureate colleges

These 50 baccalaureate colleges rank highest by NACUBO Composite Financial Index (CFI), drawn from 273 institutions with reported data in the most recent U.S. Department of Education release (2024-25). Dunwoody College of Technology (Minneapolis, MN) leads at 9.6.

#	Institution	Financial Health Index (CFI)
1	Dunwoody College of TechnologyMN · Private	9.6
2	Yeshivath ViznitzNY · Private	9.6
3	Fisher CollegeMA · Private	8.8
4	Grove City CollegePA · Private	8.8
5	Hillsdale CollegeMI · Private	8.8
6	Chipola CollegeFL · Public	8.7
7	Taylor UniversityIN · Private	8.7
8	Berea CollegeKY · Private	8.6
9	Saint Johns UniversityMN · Private	8.6
10	Carleton CollegeMN · Private	8.5
11	EDP University of Puerto Rico Inc-San JuanPR · Private	8.5
12	Augustana CollegeIL · Private	8.4
13	Randolph-Macon CollegeVA · Private	8.4
14	Beth Medrash GovohaNJ · Private	8.3
15	College of the Holy CrossMA · Private	8.3
16	Occidental CollegeCA · Private	8.3
17	University of Puerto Rico-AguadillaPR · Public	8.3
18	Austin CollegeTX · Private	8.2
19	Colorado CollegeCO · Private	8.2
20	Pasco-Hernando State CollegeFL · Public	8.2
21	Reed CollegeOR · Private	8.2
22	Virginia Military InstituteVA · Public	8.2
23	Ave Maria UniversityFL · Private	8.1
24	Grinnell CollegeIA · Private	8.1
25	Wilmington CollegeOH · Private	8.1
26	Spelman CollegeGA · Private	8.0
27	The University of the SouthTN · Private	7.9
28	University of Puerto Rico-BayamonPR · Public	7.8
29	Mount Aloysius CollegePA · Private	7.7
30	St. Francis CollegeNY · Private	7.7
31	Trinity UniversityTX · Private	7.7
32	Wellesley CollegeMA · Private	7.7
33	Wheaton CollegeIL · Private	7.7
34	Whitman CollegeWA · Private	7.7
35	Central Methodist University-College of Liberal Arts and SciencesMO · Private	7.6
36	Florida SouthWestern State CollegeFL · Public	7.6
37	Hamilton CollegeNY · Private	7.6
38	Kalamazoo CollegeMI · Private	7.6
39	Roanoke CollegeVA · Private	7.6
40	The College of WoosterOH · Private	7.6
41	Williams CollegeMA · Private	7.6
42	Bryn Mawr CollegePA · Private	7.5
43	Gordon CollegeMA · Private	7.5
44	Saint Vincent CollegePA · Private	7.5
45	Skidmore CollegeNY · Private	7.5
46	University of Puget SoundWA · Private	7.5
47	Vincennes UniversityIN · Public	7.5
48	Virginia Wesleyan UniversityVA · Private	7.5
49	Pomona CollegeCA · Private	7.4
50	Amherst CollegeMA · Private	7.3

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 the most recent College Scorecard & IPEDS release, which lags the current academic year by 2–3 years. Institutions that do not report this metric are excluded. Figures and peer context appear on each institution’s profile.

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Source: U.S. Department of Education, College Scorecard & IPEDS (most recent release, 2024-25), 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.