UNC is checking in atop a national ranking for the 14th year in a row.

Carolina offers the best value of any public school in the country, according to Kiplinger’s Personal Finance magazine, which publishes the annual list.

“UNC ranks number one for both in-state and out-of-state [students],” says editor Sandra Block. “UNC is just a bargain for what you get.”

Block says that UNC’s ability to provide financial aid to students is paramount to maintaining their positioning on the top of the list, but there are other factors – including “[the] student-faculty ratio, [the] admission rate – which is 27%, very competitive – [and] undergraduate debt, [which] is lower than average.”

Block mentions that UNC is the top ranking public university on the combined public-private value list, checking in at number 22. She says the list is dominated by private universities because of the amount of financial aid at the disposal of the schools – including one just down the road from UNC.

“Duke is number 10 on our combined list,” she says.

Both UNC and Duke excelled at graduating their students in four years. Duke has a four-year graduation rate of 87%, while Carolina’s is 81%.

Block adds that public universities face some obstacles that private institutions don’t – including state budget cuts.

The recent revelations of academic irregularities at UNC involving student athletes have dominated headlines in the academic world. Block says that they did factor that into their study by removing those students and rerunning the numbers to recalculate the graduation rate.

“Not to downplay the seriousness of the scandal,” she warns, “(but) statistically it wasn’t significant.”

Block says that, overall, the state of North Carolina, in particularly the Triangle, is very well represented on the list. UNC tops the list for in-state and out-of-state students at public universities. Duke checked in at number 10 on the combined public-private list, and North Carolina State University ranked 12th on the public university list for in-state students.