Waterloo has 31 ranked schools with an average Fraser Institute rating of 6.8/10. The top-rated schools include Millen Woods, Sir John A Macdonald, Abraham Erb. 5 schools are currently showing an improving trend.
Ranked by Fraser Institute overall rating out of 10 (2023-2024 school year data).
| # | School | Rating | Provincial Rank | Trend |
|---|---|---|---|---|
| 1 | Millen Woods | 8.9 | #126 / 3,052 | ▲ Improving |
| 2 | Abraham Erb | 8.6 | #182 / 3,052 | — Stable |
| 3 | Vista Hills | 8.5 | #199 / 3,052 | ▲ Improving |
| 4 | Laurelwood | 8.5 | #199 / 3,052 | — Stable |
| 5 | Mary Johnston | 8.3 | #260 / 3,052 | — Stable |
| 6 | St Matthew | 8.3 | #260 / 3,052 | ▲ Improving |
| 7 | Northlake Woods | 8.2 | #287 / 3,052 | ▲ Improving |
| 8 | N A MacEachern | 7.8 | #447 / 3,052 | — Stable |
| 9 | St Nicholas | 7.6 | #532 / 3,052 | — Stable |
| 10 | Sandowne | 7.1 | #811 / 3,052 | ▲ Improving |
| 11 | Lester B Pearson | 6.8 | #993 / 3,052 | — Stable |
| 12 | Mère-Élisabeth-Bruyère | 6.8 | #993 / 3,052 | — Stable |
| 13 | Edna Staebler | 6.8 | #993 / 3,052 | — Stable |
| 14 | St Luke | 6.7 | #1,062 / 3,052 | — Stable |
| 15 | Lexington | 6.7 | #1,062 / 3,052 | — Stable |
| 16 | Holy Rosary | 6.7 | #1,062 / 3,052 | — Stable |
| 17 | Sir Edgar Bauer | 6.7 | #1,062 / 3,052 | — Stable |
| 18 | L'Harmonie | 6.5 | #1,210 / 3,052 | — Stable |
| 19 | Westvale | 6.4 | #1,282 / 3,052 | — Stable |
| 20 | Empire | 6.3 | #1,348 / 3,052 | ▼ Declining |
| 21 | Elizabeth Ziegler | 6.3 | #1,348 / 3,052 | — Stable |
| 22 | Winston Churchill | 5.5 | #1,921 / 3,052 | — Stable |
| 23 | St Agnes | 5.3 | #2,026 / 3,052 | — Stable |
| 24 | Our Lady of Lourdes | 5.0 | #2,211 / 3,052 | ▼ Declining |
| 25 | Keatsway | 4.8 | #2,301 / 3,052 | — Stable |
| 26 | Lincoln Heights | 3.3 | #2,805 / 3,052 | — Stable |
| 27 | Cedarbrae | 2.8 | #2,891 / 3,052 | — Stable |
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Ranked by Fraser Institute overall rating out of 10 (2023-2024 school year data).
| # | School | Rating | Provincial Rank | Trend |
|---|---|---|---|---|
| 1 | Sir John A Macdonald | 8.7 | #33 / 747 | — Stable |
| 2 | St. David | 8.0 | #86 / 747 | — Stable |
| 3 | Bluevale | 7.0 | #220 / 747 | — Stable |
| 4 | Waterloo | 6.2 | #349 / 747 | ▼ Declining |
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