Two Princeton Schools Achieve Perfect Scores on Federal Financial Responsibilty Test

Princeton University and the Princeton Theological Seminary each achieved perfect scores on the federal Department of Education’s financial responsibility test, nj.com reports.

The test is conducted annually, and this year’s financial data ranges from 2010-11, according to the report. Schools are evaluated based on that data and assigned grades ranging from -1 to +3, according to the report. Any school scoring 1.5 or above passed the test.

Princeton and Princeton Theological Seminary each scored a 3.0. A total of 12 schools achieved perfect scores. A total of 10 were deemed "financially shaky," and could face enhanced oversight, according to the report.