The University of Michigan maintained its ranking as the No. 4 public university in U.S. News & World Report’s annual list of the nation’s best undergraduate colleges and universities.

The magazine released its 2018 rankings online Tuesday.

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U-M ranked No. 28 among the nation’s best national universities, down one spot from last year.

University officials noted that what matters most in choosing a school is the match between the particular interests, abilities and ambitions of each student and the specific programs, approaches and opportunities offered by a particular school.

UM-Dearborn was rated among the best regional universities in the Midwest and moved to No. 38, up two spots from last year. It also maintained its ranking as the No. 6 public school in the Midwest.

U.S. News also annually ranks undergraduate business and engineering programs.

The Stephen M. Ross School of Business undergraduate program moved to No. 3 nationally, up one spot from last year. It is among the top five schools in six specialties: accounting (fifth), finance (fourth), management (first), marketing (second) and production/operations (fourth).

UM-Dearborn’s College of Business undergraduate program also ranked No. 183 nationally among top programs.

The College of Engineering undergraduate program moved to No. 6, up one spot from last year. In specialty rankings, engineering is among the top five: aerospace engineering (tied at second), electrical (fifth), environmental/environmental health (tied at second), industrial/manufacturing (second), materials (fourth) and mechanical (fourth).

A peer-assessment survey that recognizes universities for its strong commitment to undergraduate teaching ranked U-M No. 6 nationally, up one spot from last year.

U.S. News also released rankings on the top schools that help veterans and active service members pursue an affordable college education. U-M’s Ann Arbor campus ranked No. 9, up eight spots from last year.

Earlier this year, U.S. News released its graduate rankings.

Among the programs ranked each year in America’s Best Graduate Schools — business, education, engineering, law, medicine and nursing — U-M maintained top-15 rankings in all six categories.