For the 15th time in a row, Kiplinger Magazine has named UNC the best value among public schools in higher education.

The ranking considers admission and graduation rates, student to faculty ratios and various costs, such as tuition, housing and meal plans.

UNC also made its way into the list of Top 10 universities in the nation and was considered the best value for students attending out-of-state schools.

“Providing a great value to the people of North Carolina and students around the nation and the world is a hallmark of our 222-year history,” said Chancellor Carol L. Folt.

The Universities of Virginia and Florida rounded out the top three for best value among public institutions.

Across the country, colleges and universities are becoming more expensive and many students have to borrow money to attend. However, at UNC only 41% of students borrowed money to pay for school compared with the national average of 69%. On average, students at UNC graduate with $18,945 in debt compared to the national average of $35,051.

Programs like Carolina Convent, which helps low income students attend Carolina, is another reason UNC topped the list. The program offers in-state students a collection of grants, scholarships and work-study jobs to help them graduate without debt.

Tuition and fees for the 2015-16 school year at UNC were $8,562 for in-state students and $33,644 for out of state.

Despite rising tuition cost and budget constraints, Folt says she is committed to keeping UNC a good value.

“We’re proud to continue to be recognized as the best value in American public higher education for the 15th year in a row, a welcome tribute to our deeply held commitment to accessibility, affordability, innovation and student success.”

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