“The College has an endowment sufficient to give students an education that’s worth considerably more than the actual tuition charged. 40% of undergrads receive some form of financial aid with a cool 100% of their financial aid met,” said the report.

Based on the data from 2007-08, the story reported that Trinity’s tuition was $35,110 for the academic year. Room and Board added $9,240, and fees totaled $1,760.

But the average need-based grant was $32,012 and the average need-based loan was $3,651, leaving graduating students with an expected average indebtedness of $19,835.

The College put out a press release that explains the “Best Value” award in more detail, and can be found here.

There is also a conversation on the ACB regarding the award.