In 2015, Time magazine's Money section named Richmond among "the top 10 colleges with the most generous financial aid."[35] In 2019, Richmond was ranked as the 20th best liberal arts college in America by Niche.[36] In 2016 and 2017, the University of Richmond was ranked second for the total number of students sent to study abroad among top baccalaureate colleges according to the Institute of International Education’s “Open Door Report.”[37]