If you’re looking for affordable colleges, Stanford may be the last place you expect to find a deal.

It’s a prestigious university, and — according to its website — will cost a whopping $58,856 per year to attend as an undergrad.

But, as we’ve seen before, looking at the “sticker price” of Stanford doesn’t tell the whole story. In fact, based on our Most Affordable Colleges in California Middle Class Affordability Rankings™, Stanford is actually the most affordable college for middle class families (which we estimate having a household income of $80,000 and assets of $70,000) in the whole state.

Stanford isn’t the right college for every middle class student because of its highly-selective admission standards, but qualified students shouldn’t disregard the school based on its perceived cost.

So, is Stanford the most affordable college in California? Yes! When you look at what really matters — the net price — it’s one of the best deals in the country.