This is NOT an urban location - but Washington and Lee University is a WONDERFUL liberal arts college with very high quality academics, great reputation even in engineering (unusual for liberal arts colleges). They have VERY generous merit aid - they give nearly 10% of the entering freshmen class a full ride. It is well worth a look, even though it is in a small town, right by the mountains. Oh, did I mention that it is in a beautiful part of the country?!