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These top ten universities represent not only some of the most renowned institutions in the world but also our definition of value, thanks to their high-quality academics and generous financial aid.

All offer need-based aid that brings the price of admission, on average, to less than half the sticker price; three of the schools also award generous merit aid.

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Marc A. Wojno
Contributing Writer, Kiplinger's Personal Finance
Wojno was formerly research director for data-intensive projects such as Kiplinger's college and mutual fund rankings. He has worked as a newswire reporter and newsletter editor for Dow Jones, covering convertible bonds, REITs and mutual funds. He also served as market research manager for Keane Federal Systems, an IT consultancy. He received a BA in communications and computer science as well as a MBA from George Washington University.