Lawrence University was given an A+ in Forbes’ recently released 2023 report on financial grades for private colleges.

Lawrence was the only Wisconsin school to earn an A+ financial grade and one of 111 in the country.

The financial grades report is an annual undertaking by the magazine. To compile the 2023 listing, the magazine used the latest available financial data from the National Center for Education Statistics, which covers the fiscal year that began in July 2020 and ended in June 2021.

“The A+ rating is a reflection of Lawrence’s strong balance sheet and its commitment to using its financial resources to provide a high-quality educational experience to students,” said Samir Datta, vice president for finance and administration.

Forbes handed out grades on 906 private colleges that enroll at least 500 full-time students.

“One hundred and eleven schools scored an A+, signaling they were in great financial health,” the report reads.

In May, Lawrence was named a Best Value school—ranking among the top 50 private colleges in the country—by The Princeton Review. The 2023 report is based on 40 data points that broadly cover academics, affordability, and career outcomes of graduates.