Upgrading of the school

It is with pride that we record the upgrading college as a grade 1 institution prior to the take over of schools in 1960 by the educational authorities. It is a sign that the department of Education had acknowledged the remarkable progress made by the school from its small beginnings and undertook to provide all assistance normally accorded to any assisted school of this caliber. As a grade 1 school, Price College had the singular honor of being classed as the premier Buddhist educational institution in Colombo North and was placed on par with other leading Buddhist English schools such as a Ananda College and Nalanda College. This Ranking is indicated in the official records compiled before the taking over of schools by the government.