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

The 2014 rankings were released online today.

U-M was ranked No. 29 among the nation’s best national universities, down one 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. It was ranked at No. 35, up one from last year. It also maintained its ranking as the No. 7 regional public school in the Midwest.

The College of Engineering undergraduate program again ranks No. 7 nationally. In specialty rankings, engineering is among the top five in six specialty areas:

• Aerospace engineering (second).

• Electrical/electronic communications (fifth).

• Environmental/environmental health (fourth).

• Industrial/manufacturing (second).

• Materials (fourth).

• Mechanical (third).

Among regional universities, the engineering program at UM-Dearborn was tied with six other schools at No. 34, down from No. 33 last year.

The Stephen M. Ross School of Business undergraduate program ranks No. 4 nationally, down from No. 2 last year. It is among the top five schools in five specialties:

• Finance (third).

• International business (fifth).

• Management (first).

• Marketing (first).

• Product/operations (fifth).

For the second consecutive year, U.S News & World Report released rankings on the top schools that help veterans and active service members apply, pay for and complete their degrees. UM-Flint was ranked No. 36, down from No. 27 last year.

U-M also was recognized for a number of programs that lead to student success, including first-year experience, learning communities, service learning and undergraduate research and creative projects. These schools are listed in alphabetical order in the report.

U.S. News released its graduate rankings earlier this year.

U-M now has 100 graduate programs ranked in the top 10 by U.S. News & World Report. Only Harvard, Stanford and the University of California-Berkeley have more graduate programs in the top 10.

Editors’s note: This story has been corrected from an earlier version, which contained an incorrect ranking for the Ross School’s finance program.