to Pepperdine is rated as "more selective" by U.S. News & World Report and by the Carnegie Classification of Institutions of Higher Education.
=== Yellow Ribbon Program for Veterans ===
Pepperdine University is part of the Yellow Ribbon Program for Veterans. Like several other colleges and universities that participate in the program, Pepperdine University offers support for an unlimited number of veteran students as well as an unlimited monetary contribution toward each veteran's tuition assistance. As of 2016, 72% of Pepperdine students who are veterans are in the Yellow Ribbon Program which enables Veterans to attend tuition-free.
== Rankings and reputation ==
U.S. News & World Report ranked Pepperdine tied for the 55th best national university, tied for 26th in undergraduate teaching, and tied for 27th best college for veterans in its rankings for 2022. Pepperdine was ranked number 1 in the Institute of International Education's 2015 Open Doors Report, with 86.5 percent of all undergraduate students …