Stanford University's acceptance rate hit an all-time low for the class of 2020

Before you go, we thought you'd like these...
Before you go close icon

The Best Universities in the World Are in the U.S.

Stanford University's acceptance rate hit an all-time low for the class of 2020, with 4.69% of applicants accepted into the prestigious California-based school.

That figure is down from an acceptance rate of 5.05% the previous year, and will likely be the new figure Ivy League colleges will be chasing in their pursuit of being the "most competitive" elite college.

Last year, Harvard's acceptance rate for undergraduates was 5.33%. We will have to wait until 5 p.m. on Thursday to see where Harvard's acceptance rate for the class of 2020 lands.

SEE ALSO: California's biggest university was so cash-hungry that it changed its admission standards

Stanford's 4.69% acceptance rate represents the 2,063 admitted students from 43,997, including those who applied and were accepted early decision to Stanford in December.

And its decreasing acceptance rate looks nearly unstoppable. It has dropped from 5.7% in 2013, to 5.07% in 2014, and, as mentioned above, 5.05% in 2015.

View the 10 best public colleges in America:

11 PHOTOS
Top 10 best public colleges in America
See Gallery
Stanford University's acceptance rate hit an all-time low for the class of 2020

10. University of North Carolina at Chapel Hill

(Photo credit: Getty)

9. University of Illinois at Urbana–Champaign

(Photo credit: Getty)

8. University of Washington at Seattle

(Photo credit: Getty)

7. University of Texas at Austin

(Photo credit: Getty)

6. University of California at San Francisco

(Photo credit: Getty)

5. University of Wisconsin at Madison

(Photo credit: Getty)

4. University of California at San Diego

(Photo credit: Getty)

3. University of Michigan at Ann Arbor

(Photo credit: Getty)

2. University of California at Los Angeles

(Photo credit: Getty)

1. University of California at Berkeley

(Photo credit: Getty)

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

NOW WATCH:Here are the most elite boarding schools in America

More from Business Insider:
James Corden texted Leonardo DiCaprio from Jennifer Lopez's phone — and his response was hilarious
Anderson Cooper to Donald Trump: 'That's the argument of a 5-year-old'
I've been to almost every fast-food restaurant, and one does it better than the rest

Read Full Story
Credit Card Compare

Credit Card Compare

Whether you're looking for great travel rewards or low annual fees, find the card that's right for you.

Compare Now

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners

Man Is Horrified To Learn His Biological Father's Identity - But A Look In The Mirror Man Is Horrified To Learn His Biological Father's Identity - But A Look In The Mirror
Nature Gets Revenge On Safari Hunter Who Killed Elephants And Lions For Sport Nature Gets Revenge On Safari Hunter Who Killed Elephants And Lions For Sport
12 Facts That Will Make You Smarter Than Your Friends 12 Facts That Will Make You Smarter Than Your Friends