by our College Data Analytics TeamThe total cost of attendance at Earlham College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What amount of Earlham financial assistance will actually be available to you?Get answers to your questions here.
$36,726.00 is the typical Earlham College’s first year financial aid package. Approximately 98% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Earlham College.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by Earlham College.
98% of incoming freshmen (168 total) were given scholarships at Earlham College, averaging $33,740.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 33% of freshmen (57 total) obtained a federal grant, for about $6,464.00 a piece.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.79% | $45,894.00 |
| Income 30k-48k | 7.56% | $45,292.00 |
| Income 48k-75k | 14.53% | $43,051.00 |
| Income 75k-110k | 12.79% | $34,183.00 |
| Income 110k + | 10.47% | $41,780.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
98% of the 172 undergraduates at Earlham College receive some sort of grant aid. This is a total of about 168 students getting an average of $36,726.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.