Another magazine is saying it likes what it sees at Appalachian State. Washington Monthly magazine has listed Appalachian State University seventh among the nations masters-degree granting institutions for Best Bang for the Buck. The magazines college guide and rankings based its list on the economic value students receive per dollar. A total of 176 colleges and universities are included on the list. The magazine first published its bang for the buck rankings in 2012. Appalachian also was ranked 11th among national, liberal arts, masters and baccalaureate institutions for providing a Best Bang for the Buck. A total of 386 schools are included on the comprehensive list. According to the magazine, 26 percent of Appalachians students receive Pell grants. The net price of attending the university, factoring loans and grants, is $8,095 a year. Fifty-five percent of students graduate in four years. The university has a 4 percent student loan default rate. The magazine compiled data from the federal Integrated Postsecondary Education Data System IIPEDS) survey for its report.