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HAMBURG, N.Y. – Hilbert College has maintained the highest possible Financial Responsibility Composite Score of 3.0 for five consecutive years. The scores, which were released last week by the U.S. Department of Education, are a composite of three ratios derived from the institution’s audited financial statements. The three ratios are a primary reserve ratio, an equity ratio, and a net income ratio.
The composite score of these ratios is one of many standards the Department utilizes to gauge the financial responsibility of an institution and the fundamental elements of the financial health of an institution. The composite score reflects the overall relative financial health of institutions along a scale from negative 1.0 to positive 3.0. A score greater than or equal to 1.5 indicates the institution is considered financially responsible.
For more information on Financial Responsibility Scores, please visit: https://studentaid.ed.gov/sa/about/data-center/school/composite-scores
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Hilbert College, located in suburban Hamburg, N.Y., south of Buffalo, is a private four-year college founded in 1957 in the Catholic Franciscan tradition. With nearly 1,100 students, Hilbert is a dynamic Western New York college that offers career-focused majors, including one of the top criminal justice programs in the region, and more than 50 minors and concentrations. The college’s engaging, student-centered campus community offers numerous leadership, internship, and service learning opportunities from which students launch successful careers while making positive changes in their communities. The Hilbert Blueprint promotes a well-rounded student experience over four years – starting with the Foundations Seminar in the freshman year, followed by Sophomore Service, Junior Symposium, and culminating with the Senior Capstone. Hilbert has expanded its academic offerings with the college’s first graduate programs and evening degree programs geared to adult learners.
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