Highest tuition-discount rates – private nonprofit universities

These 50 private nonprofit universities rank highest by institutional aid as a share of gross tuition, drawn from 631 institutions with reported data in the U.S. Department of Education data for FY2022-23 (IPEDS). Berea College (Berea, KY) leads at 88%.

Institutions ranked by Tuition discount rate.
#	Institution	Tuition discount rate
1	Berea CollegeKY	88%
2	Hendrix CollegeAR	75.6%
3	Albion CollegeMI	75.1%
4	College of the OzarksMO	74.8%
5	The College of IdahoID	71.8%
6	Bridgewater CollegeVA	71.1%
7	Ohio Wesleyan UniversityOH	70.4%
8	Wittenberg UniversityOH	70.3%
9	Quincy UniversityIL	70%
10	Beth Medrash GovohaNJ	69.6%
11	Lake Forest CollegeIL	68.8%
12	Hillsdale CollegeMI	68.5%
13	Wheaton College (Massachusetts)MA	68.1%
14	St Olaf CollegeMN	67.5%
15	Mars Hill UniversityNC	67.3%
16	Kalamazoo CollegeMI	67.2%
17	Lawrence UniversityWI	67.1%
18	DePauw UniversityIN	67%
19	Georgetown CollegeKY	66.9%
20	Susquehanna UniversityPA	66.9%
21	Alma CollegeMI	66.7%
22	Adrian CollegeMI	65.4%
23	Juniata CollegePA	65.4%
24	Hobart William Smith CollegesNY	65.2%
25	Grinnell CollegeIA	65.1%
26	Coe CollegeIA	65.1%
27	Princeton UniversityNJ	65%
28	Washington & Jefferson CollegePA	64.9%
29	The College of WoosterOH	64.2%
30	Bard CollegeNY	64.1%
31	Clarkson UniversityNY	64.1%
32	Millikin UniversityIL	64%
33	Austin CollegeTX	63.6%
34	Wingate UniversityNC	63.6%
35	Luther CollegeIA	63.4%
36	Allegheny CollegePA	62.9%
37	Knox CollegeIL	62.8%
38	Cornell CollegeIA	62.3%
39	Berry CollegeGA	62.2%
40	Rhodes CollegeTN	62.1%
41	Norwich UniversityVT	61.7%
42	Ursinus CollegePA	61.4%
43	Oklahoma Baptist UniversityOK	61.4%
44	Emory & Henry UniversityVA	61.2%
45	Illinois Wesleyan UniversityIL	60.6%
46	Aquinas CollegeMI	60.6%
47	University of DaytonOH	60.1%
48	Reach UniversityCA	59.8%
49	Milwaukee School of EngineeringWI	59.8%
50	Transylvania UniversityKY	59.8%

The tuition-discount rate is institutional grant aid as a share of gross tuition (IPEDS, private nonprofits only, public institutions report differently and are excluded). A higher rate means more of sticker tuition is handed back as aid, a pricing-strategy and net-revenue signal, not a measure of quality or generosity. Limited to institutions with at least 1,000 undergraduates, so a handful of students cannot top the list. 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 FY2022-23 (IPEDS). 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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Frequently asked

Which of these private nonprofit universities ranks highest by institutional aid as a share of gross tuition?

Berea College (Berea, KY), at 88%. It leads 50 institutions shown here, drawn from 631 with reported data.

How is this ranking calculated?

On one disclosed metric only: by institutional aid as a share of gross tuition, from IPEDS, FY2022-23. 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 collections the tool uses, taking the most recent figure published for the metric it ranks: IPEDS, FY2022-23. 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.