Forbes joined with the Center for College Affordability and Productivity to chose 650 schools based on "the quality of the education they provide, the experience of the students and how much they achieve."
ACU was ranked 485, placing the university in the top seven percent of the 6,600 accredited post-secondary institutions eligible for consideration.
ACU and Pepperdine were the only two universities on the list affiliated with Churches of Christ.
Princeton Review has also named ACU one of the "Best in the West" for 2012.
is one of 121 schools receiving this distinction as "academically excellent
institutions of higher learning" for the 15-state western region of the U.S.
ACU is the only one of seven Texas members of its new athletics league, the Southland Conference, to be included in the list.