Small Liberal Arts Colleges Which Give 100 of Need

One of the most often sought out facts apropos the vast spectrum of college education institutions is affordability: What is the college financial aid offerings and are there scholarships for college freshmen? What many prospective students and families don't realize is that a large number of American colleges and universities claim to cover 100 percent their undergraduates' demonstrated financial demand, and they (oftentimes selectively) admit these students regardless of their fiscal backgrounds.

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Notwithstanding, take a moment to consider each school's policy or standards for determining their students' demonstrated demand because every school sets its own financial need definitions. To combat this, nosotros made information technology a point to include the Internet Cost and average graduate indebtedness for near schools on this listing to show that they are doing what they can to produce alumni with minimal student loan debt. Some of these 'inexpensive' colleges get every bit far equally refusing to include loans in their fiscal aid packages.

Many colleges and universities who claim to meet this great level of financial demand are private and associated with big price tags, as with the Ivy League Schools. But many of these high-price schools come up with the funds to support those who can't back up themselves, so we encourage prospective students to evaluate their "demonstrated need" at each school past utilizing 'cyberspace price calculators' to detect the net cost of their individual situations (located on each school's website). College pupil hopefuls and their families get a much ameliorate idea of what they'll have to fork over for a college educational activity past investigating each school'south net costs, which is the tuition minus the boilerplate corporeality of help one might receive.

Other factors to consider when determining the truthful price of your college experience are state and national programs and partnerships that be with the purpose of making college affordable. For instance, QuestBridge is a national nonprofit organization that partners with universities and connects them with low-income students, offer over $2 billion in assistance to these students if they plan to enroll at one of the partner institutions. New York Country likewise offers the nation's commencement accessible tuition-free degree plan: The Excelsior Scholarship. This country-run program allows qualifying resident students with annual family incomes of up to $125,000 to attend whatsoever CUNY and SUNY two and iv-year colleges without paying a dime for tuition.

The best news is that nigh colleges and universities are happy to share information most how they tin can offer a more affordable education, so we gathered some of that and provided links for more in this listing of the cheapest colleges offer the well-nigh financial aid.

We sourced data from the National Heart for Didactics Statistics' Higher Navigator Database, U.Southward. News & Globe Report, Wikipedia, the individual school's website and other college resource websites listed at the end of this article.

To create this ranking, we started with a listing of over 100 schools that claim to meet full financial demand. To help our readers find the absolute best value, we narrowed that list down to the 50 cheapest colleges, according to their reported Net Costs. While schools may claim to encounter total financial need, each of them accept their ain (sometimes skewed) definitions of "demonstrated financial need," and then the Net Cost is yet significant. Most of them offer "Net Price Calculators" on their websites, which provide good estimates of what different types of students will be expected to pay out of pocket. The Net Cost of each schoolhouse, equally reported past the Higher Navigator database, is what we used to determine each school'southward placement in the ranking.

l. California Plant of Engineering science in Pasadena, CA

Of the grade that graduated from the California Found of Engineering science in 2018, 39 per centum graduated with educational debt, which was effectually $16,337 on average.

Student Retention Charge per unit: 98%
Internet Cost: $8,042

Opened in 1891, the California Institute of Applied science is a renowned private, doctoral university where things like the Richter Calibration were developed and the Make clean Air Act started. Just minutes from downtown Los Angeles, the self-sufficient 124-acre campus is dwelling to 2,233 students who relish ane of the lowest educatee-teacher ratios (iii:1), a diverse student body and high undergraduate enquiry involvement. Enrolled students choose from 28 different majors within six academic divisions, and 54% receive demand-based financial assistance to earn their degrees. CalTech's average need-based financial aid parcel is a more than than $46,000, and the majority of undergraduate financial assist awards come from grants.

49. Academy of Notre Matriarch in Notre Dame, IN

Non merely do graduates of the Academy Notre Dame accept a default rate of less than one percentage, simply students with no-need based assistance are still receiving grants or scholarships that average $five,678.

Educatee Retentivity Rate: 98%
Cyberspace Toll: $30,536

Chartered by the land in 1844, the Academy of Notre Dame is a large, highly residential enquiry university with Cosmic traditions that claims to meet the fully-demonstrated fiscal need for all of its admitted students. Over viii,600 undergraduate students, who represent all 50 states and more than 100 countries, have the choice of approximately 75 different bachelor's degree programs and NCAA Division I athletics on this beautiful ane,250-acre park-similar campus with its hit collegiate Gothic compages. Notre Matriarch is need-blind in its admissions and demand-based in its financial assistance policy, taking into business relationship income, family size, number of children enrolled in undergraduate programs, private elementary and secondary tuition expenses, family assets and more when determining eligibility for fiscal assistance. Administering fiscal aid resource from institutional, private, federal, and land educatee assistance programs, Notre Dame awarded well-nigh lxx percentage of its students some type of financial aid concluding year. More than half of the incoming freshman class received around $40,000, on average, in demand-based gift assistance the same twelvemonth.

48. Georgetown Academy in Washington, D.C.

Georgetown University does not offer academic or merit-based scholarships, just it does consider non-U.Due south. residents for a express number of demand-based scholarships.

Pupil Retention Rate: 96%
Net Price: $28,442

Established in 1789, Georgetown University is a private research institution and the nation'southward oldest Catholic and Jesuit university. The 104 acre campus is home to nine bookish schools where 19,204 students were enrolled equally of 2019. Each yr, Georgetown awards several hundred need-based scholarships to qualified undergraduate students. The school likewise has a handsome federal work-report plan. Need-based, cocky help first yr students were awarded on average 37% aid. The Georgetown Scholarship Programme was founded in 2004 and has since helped more than 1,400 students cover the costs of college. Students tin can afford and benefit from earning an educational activity in the nation'south capital while receiving average grant or scholarship help of $42,040.

47. Clark University in Worcester, MA

As long as they maintain certain academic standards, eligible Clark University students can receive scholarships amounting up to $20,000 per yr, renewable up to four years.

Pupil Retention Rate: 87%
Net Cost: $30,158

Founded in 1887, Clark University is a private liberal arts-based enquiry university located 50 miles west of Boston, with 3,122 students. Information technology offers 17 varsity sports, a 10:1 pupil-teacher ratio and more than than thirty undergraduate majors, besides as accelerated BA/master'southward degree programs in science, direction, finance, education and more, which students can complete in v years at four years' toll (fifth yr is complimentary). Clark awarded about $60 million in fiscal assistance during the 2016-17 academic year. Approximately 95 percent of students received some form of aid. To ensure proper distribution of funds, students taking office in a Clark study abroad program tin can apply their financial aid, but cannot receive federal piece of work study that year/semester.

46. Lafayette Higher in Easton, PA

Endowment for Lafayette College undergraduates comes in at more than $750 one thousand thousand each yr.

Student Retention Rate: 93%
Net Cost: $26,810

Incorporated in 1826, Lafayette Higher is a private liberal arts higher situated on a 230-acre campus overlooking the Delaware River, just seventy miles westward of New York Metropolis. Accredited by the Committee on College Didactics of the Middle States Clan of Colleges and Schools, Lafayette enrolls 2,642 students and offers 35 fields of study that lead to a BA, as well as 10 fields leading to a BS, including v engineering science programs. Athletes can earn scholarships in xi sports, a small case of how Lafayette spends its annual $52.2 million financial aid budget. With more half of the student body receiving aid, the current rate for work-study students is $7.25/60 minutes. This affordable higher is amidst a pocket-size number that are dedicated to eliminating or lowering its students' loan burden if their families earn less than $100,000 annually.

45. Beloit College in Beloit, WI

Beloit College was cited on The Princeton Review'due south Fiscal Assistance Accolade Roll, and 100 percent of its students receive financial help.

Student Retentivity Rate: 78%
Net Toll: $24,493

Founded in 1846, Beloit College is a individual liberal arts schoolhouse and the oldest continuously operating college in Wisconsin. Its ane,275 students come from nearly every country, D.C. and 40 unlike nations. These students choose from more than 50 majors and more than than xxx minors and can take advantage of the average class size of 10 students. A number of dual-degree and pre-professional programs are also bachelor on this 40-acre campus that houses four buildings on the National or State Register of Celebrated Places. Accredited by The Higher Learning Committee of the North Key Association of Colleges and Schools, Beloit has a fiscal aid program that evaluates scholastic ability and financial demand when determining award qualifications. Full-time students can receive up to nine semesters of the college's need-based souvenir assist, of which students receive average awards around $36,958.

44. Pitzer College in Claremont, CA

Pitzer College has been recognized as beingness amongst the colleges with the least student loan debt, graduating students with an average loan indebtedness that was approximately $14,044 in 2020.

Educatee Retention Rate: 91%
Net Price: $36,552

Founded in 1963, Pitzer College is private liberal arts and sciences establishment that enrolls approximately ane,000 students and is role of The Claremont Colleges, a unique consortium of five undergraduate colleges and two graduate schools. Pitzer students relish a 10:1 educatee-faculty ratio, 40+ majors, the pick to create their ain special majors and a campus location i hour'due south bulldoze from downtown Los Angeles, the desert highlands, and some of the tallest mountains in SoCal. About 48 percent of the entire Pitzer student body received financial aid during 2018-2019. Financial help packages tin can include Pitzer Scholarships. These funds are sourced from gifts, the schoolhouse's endowment, and its electric current budget; they're awarded on the basis of need. In the 2018 "Best 382 Colleges,"The Princeton Review ranked Pitzer No. 20 for "Great Financial Aid."

43. Brown University in Providence, RI

As one of the Ivy League colleges, Dark-brown Academy awarded demand-based aid to 43 per centum of students.

Student Memory Rate: 98%
Net Cost: $27,218

Founded in 1764, Brown University is a private research Ivy League higher with almost 7,000 undergraduate students who come from all fifty states and more than than 115 countries. Undergraduates at Brown can earn bachelor'southward degrees in more than 80 concentrations, including unique disciplines like Egyptology and cognitive neuroscience; it likewise offers about 50 doctoral programs and about thirty chief's programs. Co-ordinate to the schoolhouse, admission is based on "accomplishment, aspiration and potential," and it meets 100 percent of students' demonstrated need, regardless of parental income. Inside the incoming grade of 2020, 41 percent of students received need-based scholarships, and the average award was $47,940. While many schools on this list require families to make some kind of contribution to their students' education, those at Dark-brown with full parent earnings less than $lx,000 and avails less than $100,000 aren't expected to contribute.

42. Bowdoin Higher in Brunswick, ME

National Merit Scholars at Bowdoin College who are eligible for institutional financial assist receive an initial $2,500 award and a $1,000 award each year that need is demonstrated.

Educatee Retention Charge per unit: 94%
Net Toll: $24,888

Chartered in 1794, Bowdoin College is a private, not-for-profit liberal arts school offering a bachelor of arts degree program to its 1,828 students through more than 40 different majors. With a 9:one student-instructor ratio, Bowdoin tied for No. iii in U.South. News & World Report'south "National Liberal Arts Colleges" ranking. Like nigh others in this list, Bowdoin focuses on need-blind admissions and coming together 100 pct of its demonstrated financial demand, all without including loans in its packages. Nearly one-half of incoming students receive grants and scholarships from Bowdoin annually. These awards have ranged from $2,000 to $66,000. This affordable college sets aside a limited amount of its help funds for international and transfer students, and in 2018 only 27% of graduating students had borrowed money.

41. Emory Academy in Atlanta, GA

An impressive 20 pct of students at Emory Academy receive federal Pell Grants and the academy offers summer study abroad grants ranging from $1,500 to $10,000.

Student Retention Rate: 95%
Net Cost: $25,942

Founded in 1836, Emory University is a individual inquiry institution located on a 600-acre neighborhood campus that remains peaceful and pedestrian-friendly, regardless of its close proximity to one of the country'southward fastest-growing metropolitan areas. Total enrollment is over 14,000 students. The academy'southward acceptance rate is around 22 percentage and the school'due south nine varsity athletic teams compete in the NCAA Division Three. The total undergraduate financial assistance Emory awarded its students in 2018-2019 was $209.four 1000000, with the average financial aid packet amounting to $39,498. While Emory doesn't offer athletic scholarships, the schoolhouse does accept its unique Emory Advantage financial assist initiative aimed to reduce the amount of coin borrowed by families with annual total incomes of $100,000 or less.

40. Hamilton College in Clinton, NY

Within just one year of graduation, 96 percent of Hamilton College alumni are in a job, graduate school, internship, or pursuing a fellowship.

Student Retention Rate: 94%
Net Cost: $29,117

Chartered as a college in 1812, Hamilton College is private liberal arts higher that offers a demand-bullheaded access policy and an open curriculum in addition to a 9:1 student-teacher ratio and a student enrollment of 2,005. After surpassing the 24 percent acceptance rate, students can choose from 43 majors and 57 areas of study and 17 varsity able-bodied teams. On the financial aid front end, Hamilton commits $46 million to its annual financial help upkeep and offers an boilerplate honor package of $49,164, which includes scholarships, pupil loans, and work study. About l percent of students receive financial help each year at Hamilton. The average federal student loan corporeality is $four,759. On average in recent years, Hamilton students graduate with a total student indebtedness around $17,000.

39. Smith College in Northampton, MA

Smith College students have access to 11 varsity sports and 1,000 academic courses in 50 areas of report.

Student Retention Charge per unit: 93%
Net Price: $28,905

Founded in 1871, Smith College is an contained, nondenominational women's liberal arts college that likewise offers coed graduate and certificate programs. With just over 2,900 students, Smith is the largest member college of the Seven Sisters and among the largest women's colleges in the U.Southward. 91 pct of Smith graduates are employed within 2 years of graduation. Smith operates a need-based aid plan aimed to meet "full documented need" of all admitted students, awarding higher-funded demand-based gift aid to 67 percent of students. While the boilerplate need-based grant amounts to $43,796, the college also awards a limited number of merit scholarships.

38. Wabash College in Crawfordsville, IN

In addition to the available President'due south, Deans, Alumni, and Honor merit awards equally well as fine arts scholarships, students can have advantage of work-report grants, with which they tin can make between $7.fifty-$10.00/hour during the bookish twelvemonth.

Pupil Retention Rate: 86%
Net Toll: $21,285

Established in 1832, Wabash College is a private liberal arts higher for men that has roughly 900 students, 40 majors, 12 NCAA Partitioning III varsity sports and a pupil-kinesthesia ratio of ten:ane. On the 60-acre wooded campus, students acquire in buildings with Georgian architecture that have been renovated or are brand new as of the last decade. Thanks to the generosity of Wabash'south alumni, this college tin can set tuition at about one-half of what it really costs to brainwash each student each year. About xxx-5 percent of students at Wabash receive federal grants, but 100 percent receive whatsoever kind of aid. Accredited by the Higher Learning Committee, this modest higher also offers merit-based aid, like its signature scholarship, the Lilly Award, which amounts to more than $200,000 over four years to comprehend tuition, fees, room, and board.

37. Bates College in Lewiston, ME

On average, Bates College students who graduated in 2020 had just $xiv,117 in federal student loan debt.

Student Retention Charge per unit: 94%
Net Cost: $26,669

Founded in 1855, Bates College is a individual, residential liberal arts and sciences schoolhouse that is frequently recognized for its "inclusive social character." The one,832 students at Bates benefit from a x:ane student-instructor ratio, non-selective educatee organizations, and a campus void of fraternities and sororities. Bates offers 36 majors and 25 minors, and it has been named a "Fulbright Height Producer" more than than once, producing a higher-record 18 Fulbright fellows in 2015. Bates is amongst the top higher offer the most financial aid, providing more than $35 1000000 annually in pupil grant aid. Over forty pct of its students receive fiscal assist with awards averaging effectually $44,500 and packages including grants, loans, and educatee work. Bates partners with Tuition Management Systems to offer a 10-month payment programme to make tuition more than affordable.

36. Washington and Lee Academy in Lexington, VA

The Washington and Lee Promise guarantees financial assistance packages that embrace tuition or more to admitted undergraduates with family unit incomes below $100,000.

Student Retention Rate: 96%
Net Cost: $23,301

Founded in 1749, Washington and Lee University is a individual liberal arts academy, offer 36 majors and 37 minors with an 8:1 educatee-kinesthesia ratio and a 94 percentage 4-year graduation rate for its fewer than 2,000 undergraduate students. About 97 percent of W&L'due south Grade of 2015 is employed or attention graduate schoolhouse, and other graduates accept enjoyed a 95 pct law school credence rate and 92 percent acceptance charge per unit for med school. All applicants, including beginning-twelvemonth, international and undocumented students, are eligible to utilize for the university's need-based grants and merit scholarships. Nearly 300 first-year students receive scholarships or grants. The average grant corporeality in 2019 was over $47,000, which was awarded to students entirely debt-gratis; federal loans are merely offered when the family unit needs help covering its contribution. Through a partnership with the QuestBridge Program, Washington and Lee is made more accessible to depression-income students; the program continued students to more than $2 billion in university awards, making it possible for 40,000+ to nourish top colleges like West&L.

35. Wake Forest University in Winston-Salem, NC

Wake Forest University will cap loans at $six,000 per year for students whose families take annual incomes less than $40,000.

Student Retentivity Rate: 96%
Net Cost: $24,800

Founded in 1834, Wake Forest University is a small, individual, nonprofit and nonsectarian inquiry university in eastern North Carolina with over 8,000 students coming from across the state and the globe. WFU's six colleges and schools offer more than 40 undergraduate majors and programs, a ten:1 pupil-teacher ratio and some of the best study abroad programs, which in 2018 more than 60 percent of students were taking reward of by heading to destinations away from the 340-acre campus. The average aid award for all undergraduate students at WFU was $37,534. Wake Forest students have been able to cover more than than three-fourths of their total college costs with these awards, also every bit demand-based loans and a piece of work-study job. While virtually one-half of undergraduates receive financial assistance, less than three percent of commencement-yr applicants earn one of the merit-based scholarships, which are renewable through 4 years. WFU need-based award amounts are subject to change if students receive other outside scholarships.

34. Colorado Higher in Colorado Springs, CO

On average, students eligible for financial aid at Colorado College receive an honour around $38,203.

Student Retentivity Rate: 95%
Internet Cost: $32,303

Founded in 1874, Colorado Higher is private and located nigh the pes of the Rocky Mountains, offer a uniquely wide liberal arts curriculum that works on the College's Block Programme, an academic schedule where more than 2,000 enrolled students take one class at a time for 3-and-a-one-half weeks without choosing a major until the 2d year. Although this school has a daunting xv.1 percent credence rate, the opportunities are worth the clasp; over lxxx percent of CC students get to study abroad before graduation. Unlike types of aid available at CC include institutional work study grants as well equally selective merit-based scholarships including iv-yr scholarships and able-bodied scholarships through women's soccer and men's ice hockey (NCAA Division I). During the 2018-2019 academic year, 53 per centum of beginning undergraduate students earned some blazon of known aid from a variety of sources, including the college, which personally administers more than 250 dissimilar grants and scholarships, funded via endowments, bequests and gifts from philanthropic organizations, alumni and friends of the college.

33. Trinity Higher in Hartford, CT

Trinity College'southward students participating in federal work study can earn between $10.10 and $10.85/hour.

Student Retention Rate: 91%
Net Cost: $27,829

Founded in 1823, Trinity Higher is a individual, nonprofit liberal arts and sciences school and the second oldest college in the state. Set on a stunning 100-acre campus with the oldest (but recently restored) instance of Collegiate Gothic architecture in the U.S., Trinity offers its more than 2,200 students the chance to earn a degree with signature disciplines like a beginning-of-its-kind man rights program, 61 minors and a 9:1 pupil-instructor ratio. Of the 56 pct of full-time beginning Trinity students receiving some sort of financial assist, just five pct of that comes from funds outside of the higher, which commits around $30 1000000 to fiscal aid annually. This affordable College also has a "very modest" merit-based financial aid fund.

32. St. John's College in Santa Fe, NM

St. John'south College offers pregnant fiscal aid for international students, which is awarded through scholarships, grants, loans, and campus employment.

Pupil Memory Rate: 74%
Net Price: $24,787

Founded in 1696, St. John's College is private, offering a distinctive liberal arts curriculum that centers on reading and discussing the Great Books of Western Civilization, and this academic experience is void of "required lectures, majors or dorsum rows." With a educatee-to-kinesthesia ratio of seven to ane, the 371 students can work toward a bachelor or master of liberal arts, as well every bit a master of eastern classics (Santa Fe only). The average financial aid award for beginning undergraduates at St. John'southward amounts to $43,129 and includes both need and merit-based scholarships; the college awards more than $6 million in scholarships to freshman. A whopping 41 percent of SJC beginning undergraduate students receive Pell Grants. While these financial aid packages exercise include loans, St. John'south College loans are primarily available to those international students ineligible to borrow federal loans.

31. Franklin & Marshall College in Lancaster, PA

Franklin & Marshall College has managed to decrease its student debt at graduation by nearly 20 percent since 2012.

Student Memory Charge per unit: 92%
Net Cost: $27,102

Founded in 1787 as Franklin College, Franklin & Marshall College is a private residential liberal arts school with a student population of just over 2,300 students, a 9:i student-to-faculty ratio, more than sixty fields of report for a available's degree, and a 220-acre campus where students tin can access Philadelphia, Baltimore, and New York City easily by train. More one-half of F&M's students accept advantage of the 200 report abroad programs that reach 60 countries, and the costs are often covered past the student'south financial help package. Accredited by the Middle States Commission on College Education, F&Grand claims to meet 100 percent of students' institutionally determined fiscal need for all four years. Near 55 per centum of students receive need-based aid, and the average award is $45,933. Federal work written report students are able to work upward to 10 hours per calendar week in about positions and earn a minimum of $viii/hour.

xxx. Vanderbilt Academy in Nashville, TN

Vanderbilt University offers a generous corporeality of college scholarships; of the total amount of aid awarded to commencement-year undergraduate students (2018-2019), $42,502,508 came from the university's funds.

Pupil Retention Rate: 97%
Net Toll: $23,150

Created in 1873, Vanderbilt University is a private inquiry academy with an urban campus where 12,824 students work toward degree programs in the liberal arts and sciences, technology, music, educational activity, and human development. Vanderbilt students benefit from an arboretum campus set 1.v miles away from downtown Music Urban center, 500+ student clubs and organizations, 14 sororities, xix fraternities and 38 residence halls and apartments. Accredited by the Commission on Colleges of the Southern Association of Colleges and Schools, Vanderbilt awarded an average of $42,483 to all first-year undergraduate students for the 2018-2019 academic twelvemonth. Also that year, 68 percentage of undergraduates received some blazon of aid from a multifariousness of sources similar merit and need-based scholarships, grants and federal/state assistance. The Expanded Aid Program at this meridian college completely excludes loans from demand-based aid packages.

29. Austin College in Sherman, TX

One time admitted to Austin College, yous tin can qualify for a $21,000 scholarship just by having a Sabbatum score of 1130 or an Act of 22.

Student Retention Rate: 82%
Net Cost: $23,824

Founded in 1849 by a Princeton-educated Presbyterian missionary, Austin College is a private liberal arts school situated on an 85-acre campus less than 60 minutes north of the Dallas-Fort Worth area. All of the i,299 students at Austin work with a faculty mentor toward unique degrees in areas similar Due east Asian languages, nonprofit organizations and public service, global management, and neuroscience. According to the college, 100 pct of freshmen receive souvenir aid, and $32,616 is the average honour amount. An average fiscal aid package at Austin includes merit-based scholarships, need-based grants from the college, federal and land grants, loan programs, work-written report, and more. The college awards general academic scholarships and federal work study students earn $7.25 working 8 hours per week.

28. Columbia University in New York Metropolis, NY

Columbia University awards its students more than $150 million every year in scholarships and grants from all sources.

Pupil Memory Rate: 98%
Net Cost: $21,828

Established in 1754, Columbia University is a private Ivy League research university in Upper Manhattan, offering its 31,077 students a half dozen:1 undergraduate student-to-faculty ratio, and ane of the acme 10 library systems in America with 22 libraries. This minor higher has the achieve of a large university because of its affiliation with several other nearby institutions like Barnard College (No. 26 on this list). Later on earning their way through the 6.6. percent credence charge per unit, over fifty percent of admitted Columbia students receive grants from the college and financial help packages that were $55,071 on average. About 18 percentage of Columbia'due south undergraduates likewise receive the Pell Grant, which is reserved for the students in the country who have the highest need. However, families with an annual income over 100,000 tin still receive fiscal aid.

27. Academy of Pennsylvania in Philadelphia, PA

The Academy of Pennsylvania has over 11,000 undergraduate students, making it the largest college in the U.South. to offer an all-grant financial aid plan, which was launched in 2007.

Educatee Retention Rate: 98%
Net Cost: $24,771

Founded in 1740, the University of Pennsylvania is a individual Ivy League research university with over 25,000 full students, 4 undergraduate schools, and a 299-acre campus in West Philadelphia. Penn has a close-knit academic community with a half-dozen:one student-to-teacher ratio, and the undergraduate graduation rate is 97 percent. Penn is ranked among the top of Kiplinger's Best Values in Private Universities, but information technology does not offer bookish merit-based scholarships. Still, 59 percent of kickoff undergraduate students receive fiscal aid at this tiptop university, and the average financial aid package incoming freshmen receive is $50,532. The average cost for a family unit earning between $30,001 and $48,000 is $5,323. Penn's unique all-grant financial aid policy states that the academy's financial help packages volition only include grants and federal work study, not loans, regardless of income level.

26. Barnard College in New York City, NY

Barnard College's Class of 2018 graduated with an average financial indebtedness of $20,829.

Student Retention Rate: 95%
Net Cost: $26,649

Founded in 1889, Barnard College is the simply individual women's liberal arts college in NYC today and is an affiliated institution of Columbia Academy (No. 28 on this list), the Jewish Theological Seminary, The Juilliard School, and the Manhattan School of Music. This bookish customs is home to more than 45,000 students from effectually the world, who have access to more than 1,500 courses, a system of 22 libraries, more than 500 pupil organizations, and NCAA Sectionalisation I athletics. This college is demand-bullheaded in its get-go-year admission process and meets the need of all eligible students through packages that include loans, grants, and job opportunities, not merit-based scholarships. Barnard awards some kind of financial aid to 51 percent of kickoff undergraduate students, as well as a travel allowance for all students to get to and from the college. The average need-based scholarships at Barnard for full-time get-go undergraduate students during the 2018-2019 year was $48,128.

25. Colgate University in Hamilton, NY

The students at Colgate Academy get to savour a 9:one student-to-kinesthesia ratio, nigh 200 student-run organizations, and 25 Division I athletic teams.

Student Retention Rate: 94%
Net Price: $23,503

Founded in 1819, Colgate University is a private liberal arts college situated on a 575-acre residential campus in central New York. Colgate's virtually 3,000 students are working toward a bachelor of the arts degree with 56 undergraduate concentrations to choose from. Of full-time beginning time undergraduates, 42 percent receive fiscal help with the average financial aid laurels at this college at $48,772. Colgate claims to meet 100 percent of all admitted students' demonstrated demand and the school's boilerplate iv-year debt for its students is simply $16,125. Bookish merit scholarships are not available at Colgate.

24. University of Richmond in Richmond, VA

At the University of Richmond, the but college with a spider as its mascot, about 64 pct of undergraduate students receive neat financial help packages.

Student Retention Charge per unit: 93%
Net Cost: $25,282

Founded by Virginia Baptists in 1830, the University of Richmond is a private, nonsectarian liberal arts university with a selective, need-bullheaded admissions process and an 8:1 student-teacher ratio. The 4,002 total students at Richmond have the pick of most fifty undergraduate majors on the 350-acre suburban campus, which lies simply ninety miles from Washington, D.C. Admitted Virginia students with an annual parental income of $lx,000 or less receive a full financial aid package from the university that is equal to tuition, room and a meal plan, without taking out loans. Richmond has awarded an impressive $81 meg in institutional grants and scholarships to nearly 60 percent of its students with the average need-based award amounting to $35,406. Regardless of their need eligibility, all beginning-year applicants are additionally considered for merit-based aid, which include the Richmond Scholars program. The program covers up to total tuition, room, and meals.

23. Rice University in Houston, TX

Rice University aims to see full financial need of all admitted applicants, including undocumented students who accept DACA condition at the time of admission and undocumented not-DACA students who are long-term residents in the U.S. and who graduated from an American high school.

Student Retentivity Charge per unit: 97%
Net Cost: $20,335

Chartered in 1891, Rice University is a private inquiry university situated on a 300-acre tree-filled campus within the largest city in the southern U.Due south. Because of its small student population, iii,992 undergraduate and 3,132 graduate students, Rice is able to offer an intimate 6:i student-to-faculty ratio and nearly 72 percent of classes have less than 20 students. Offer more than than 50 undergraduate majors beyond vi divisions of study, this affordable university won't award loans to students whose family total income is below $lxxx,000. The school also practices need-blind admissions and offers need-based financial aid to a limited number of international undergraduate applicants through combinations of scholarships, federal piece of work-study, federal/individual loans and grants. At Rice University, 69 percent of starting time-time students receive some form of aid, while 63 percent of all undergraduate students are receiving assist through grants and/or scholarships. A number of merit-based scholarships are available.

22. Vassar College in Poughkeepsie, NY

Vassar Higher does not offering athletic or merit-based scholarships; however, students may utilize their fiscal aid packages to whatever of the school's multiple opportunities for studying abroad.

Pupil Retentivity Rate: 96%
Cyberspace Cost: $24,811

Founded in 1861, Vassar Higher is a highly selective private, coeducational liberal arts college with a 1,000-acre campus known for its beauty and has 2,456 full students. Accredited by the Center States Committee on College Pedagogy, this nonprofit college meets 100 percent of the demonstrated demand of all admitted students, including international and undocumented, for all 4 years. In improver to application some kind of aid to 61 per centum of full-time get-go undergraduate students, Vassar pledges to eliminate or reduce loans in the aid awards of students from low-income families. For those students whose parents earn between $30,001 and $48,000, the average tuition is $half-dozen,080. Financial aid accolade packages from Vassar typically include: some combination of a school-funded scholarship; state, federal, or individual grants; a student loan; and a campus job.

21. Massachusetts Institute of Engineering science in Cambridge, MA

Through a policy established in 2008, the Massachusetts Found of Technology ensures that through scholarship funding, students with families earning $80,000 or less will attend MIT tuition-costless.

Student Retention Charge per unit: 99%
Cyberspace Cost: $xx,465

Founded in 1861, Massachusetts Plant of Technology is a privately-owned research institute with five schools, more than 11,000 students, and a reputation as one of the earth's about prestigious universities. MIT boasts need-bullheaded admissions that pb to 100 percentage coverage of demonstrated need without income caps. Fifty-fifty MIT students with families who earn more than $250,000 can receive grants based on "extenuating circumstances," according to the university. MIT'southward assistance comes in forms of scholarships (primarily the MIT Scholarship demand-based grant), loans and jobs; about 90 per centum of undergraduates work on paid inquiry projects before graduation, and those working other campus jobs earn at least $12.75/hr. In 2019, a whopping 76 percent of undergraduate students graduated MIT with no debt, and those who did have debt sustained 21 percent less than the national average. MIT awarded nearly $140 million in its need-based scholarships.

20. Middlebury College in Middlebury, VT

Middlebury Higher students benefit from an 8:1 educatee-to-kinesthesia ratio and a 93 percent overall graduation charge per unit.

Student Retention Rate: 96%
Net Cost: $23,367

Established in 1800, Middlebury College is a private liberal arts school that offers graduate and specialized programs around the world in improver to the more 850 courses in 44 majors on its mountain-surrounded campus. Of the approximately ii,600 undergraduate students, about 50 pct receive Middlebury grant aid, and the average grant for the Class of 2020 was $43,154. One of the various colleges with need-blind access policies on this listing, Middlebury ignores the financial status of U.South., undocumented and DACA student applicants, and it follows a need-aware policy for international students. The college meets 100 per centum of fiscal demand, which is calculated by the Pupil Financial Services Part, past awarding financial aid in the form of grants, loans and employment in work-study jobs.

nineteen. Dartmouth College in Hanover, NH

Forbes' higher ranking has dubbed Dartmouth College as having i of the highest returns on investment in the Ivy League.

Educatee Retention Rate: 96%
Internet Toll: $21,177

Founded in 1769, School Contour is a member of the Ivy League and a smaller research university with nearly four,400 undergraduate students and more than than 40 departments and programs within its Undergraduate Higher. Admission to Dartmouth is incredibly selective but need-bullheaded, and two-thirds of admitted undergraduates receive some kind of demand-based financial aid from their college, the government or a combination of the two. Students tin take their financial aid overseas also; the more than than twoscore study abroad programs toll the same as an on-campus term and can be covered past institutional assist. Dartmouth awards between $four,500-$5,500 in addition to piece of work-study and scholarship to meet student need for those who come up from families that earn $100,000 or more than annually. Students whose families earn $100,000 or less annually with typical assets can go to Dartmouth without paying tuition. Overall, the average student debt for iv twelvemonth combined has been $xx,373.

18. Haverford College in Haverford, PA

Almost 50 percentage of the student trunk at Haverford College receives some kind of financial assist with the average amount at only over $50,000.

Student Retention Rate: 97%
Net Cost: $22,837

Founded in 1833, Haverford Higher is a private liberal arts school simply viii miles exterior of Philadelphia. Haverford serves 1,310 students, 98 percent of whom live on the 200-acre award-winning campus that has its own nationally recognized arboretum. All students at this higher, which has an eight:1 pupil-to-faculty ratio, are expected to get involved in research. They have additional opportunities to take classes at Bryn Mawr and Swarthmore Colleges or earn a five-year BS and master's degree program through the University of Pennsylvania. Haverford claims to run across the full demonstrated financial need of all admitted students, including international, undocumented, transfer, and waitlisted students. It accomplishes this with a $28 million annual financial aid budget and a no-loans policy for students with family incomes beneath $sixty,000. Haverford also offers a unique Student Loan Debt Relief Fund program, which provides loan repayment funds to young alumni "who are employed in jobs of high social value with low remuneration, or who are in transition at some point following graduation."

17. Colby College in Waterville, ME

There is no fee associated with applying to Colby College, and all eligible fiscal aid recipients are automatically considered for grants.

Educatee Retention Rate: 93%
Net Cost: $21,032

Founded in 1813, Colby College is a modest school with ii,000 students from more than than 70 different countries, besides as the 12th-oldest private liberal arts college in the country. Every undergraduate major offers students research opportunities at this 714-acre college campus, which includes thirty residence halls, an extensive athletic complex, and the Colby Higher Museum of Art. The fourth college in the country to reach carbon neutrality, Colby has given all admitted students the opportunity to graduate without any loans to repay by coming together 100 percent of their demonstrated financial need. Colby awards more than $45 1000000 in financial aid through grants, which come from federal and state governments, the college'due south funds and other outside agencies. This college also offers hundreds of educatee job opportunities, and it oft matches pupil involvement with specific employment openings on campus. Students, even those not receiving fiscal aid, earn $12/hr.

sixteen. Thomas Aquinas College in Santa Paula, CA

Admitted students at Thomas Aquinas Higher benefit from an 11:1 student-to-teacher ratio and a 131-acre campus just 65 miles from Los Angeles.

Educatee Retentiveness Charge per unit: 91%
Net Cost: $22,073

Opened in 1971, Thomas Aquinas College is a private four-year liberal arts higher affiliated with the Roman Catholic Church. This higher is unique in that instead of offering a multitude of different major, minor and elective curriculums, the 407 students at Thomas Aquinas piece of work toward a BA in liberal arts through a single, integrated curriculum. This college doesn't receive any financial resource from church or land, and so financial help resources are limited just still available on the school's basis of demonstrated fiscal need. The need-based financial aid review considers each family's income, assets, size, number of students in higher and more. Funds that support student grants and service scholarships are made available through benefactors' contributions, which amount to about $three million annually, making tuition affordable for 60 percent of the student trunk.

xv. Wesleyan University in Middletown, CT

Wesleyan University offers a financial aid package that is without loans to its students whose families earn less than $sixty,000 annually.

Student Memory Charge per unit: 96%
Internet Toll: $21,853

Established in 1831, Wesleyan University is a private liberal arts higher, offering 45 majors, 29 minors and 3 certificates, all with an open curriculum. Accredited past the Higher Learning Committee of the North Fundamental Association of Colleges and Schools, Wesleyan gives its students the opportunity to complete a degree within just three years to assistance families save near xx percent of the total cost of its BA degree. Three summer sessions at the academy, combined with two AP, IB or A-level examination credits let students to complete the degree requirements without taking on an extra course load during whatsoever semester. In 2018, 44 percent of first year students received scholarships and grants, while 81 percentage of those receiving first yr financial aid exceeded $25,000.

14. Wellesley College in Wellesley, MA

At Wellesley College, the boilerplate financial aid honor came in the course of gifts or scholarships from the college nigh of the time and those don't have to be repaid.

Student Retention Rate: 96%
Net Cost: $19,805

School Profile

Founded in 1870, Wellesley College is a private women's liberal arts college near Boston with over ii,500 students. This small college offers an intimate 8:i student-to-faculty ratio, more than 1,000 courses, xiii Sectionalisation 3 able-bodied teams and a 500-acre picturesque campus with a lake. Wellesley claims to encounter 100 percent of demonstrated student demand, application over $74 million to nearly 60 per centum of its students. The annual financial aid honour is more than $52,000. Wellesley is in the top 10 for colleges for depression debt.

thirteen. Duke University in Durham, NC

All applicants for admissions at Duke Academy are automatically considered for whatever available merit scholarships based on the educatee's bookish and personal profile.

Student Retention Rate: 98%
Net Cost: $24,386

Founded past Methodists and Quakers in 1838, Knuckles University is a private research academy with over 16,000 students. Information technology besides has a medical schoolhouse in Singapore, a second campus in Communist china, and study abroad programs from Russia to Peru. Within Duke's 10 colleges and schools, students also have access to the Marine Laboratory, the 7,200-Duke Forest, the Nasher Museum of Art and the earth's largest colony of endangered primates in the Duke Lemur Center. Even with 16,606 full students, Duke's student-faculty ratio is viii:1, and nearly v out of 10 undergraduates receive financial aid. The boilerplate demand-based grant was over $49,000. Admissions at Duke is demand-blind for American students, and once they're admitted, Knuckles pledges to meet 100 percentage of each student's financial demand in the form of grants, work report, and limited student loans.

12. Swarthmore Higher in Swarthmore, PA

100 percent of Swarthmore College's full-time, tenured faculty have concluding degrees in their fields.

Educatee Retentiveness Rate: 97%
Net Cost: $xix,759

Founded in 1864, Swarthmore College is a private, more often than not liberal arts school located on a 425-acre arboretum campus less than 15 miles from Philadelphia. Swarthmore is a member of a tri-higher consortium with Bryn Mawr and Haverford Colleges, and information technology offers cross-registration with the Academy of Pennsylvania. Its 1,559 students choose from more than than 40 areas of study and benefit from a student teacher ratio of 8:1. About 95 percent of the student body lives in one of the 18 residence halls on campus, and 56 pct of students receive demand-based aid from the college. These fiscal assist awards come from a $43 million budget.

11. Amherst Higher in Amherst, MA

Amherst College's campus is i,000 acres and includes a wildlife sanctuary.

Educatee Retention Rate: 96%
Cyberspace Cost: $sixteen,339

A private liberal arts higher founded in 1821, Amherst Higher is unique in that it doesn't have distribution requirements or a core curriculum, but 850+ courses and 1,855 students. Amongst the virtually comprehensive financial aid programs in the nation, Amherst's average yearly aid packet is $53,192, and about 60 percentage of students receive some form of financial help. Accredited by the New England Clan of Schools and Colleges (NEASC), Amherst has a seven:i student-to-kinesthesia ratio, xl fields of written report and a 13 percentage admission charge per unit. It operates on a no-loan policy for all financial assistance recipients, and its admissions is need-blind for domestic and international students. About 80 percent of Amherst graduates report that they've gone on to nourish graduate or professional school.

x. Yale Academy in New Haven, CT

The average need-based scholarship that Yale awarded first-year students in the form of 2023 whose family income was less than $60,000 was $76,925.

Pupil Retentivity Rate: 99%
Net Price: $18,073

Founded in 1701, Yale University is a private Ivy League research university and the third-oldest institute of higher teaching in the nation. Yale has v,964 undergraduates and a student trunk that represents 123 different countries. Inside the course of 2021, there are 250 outset generation students. In that location are i,000 Pell grant recipients at Yale. Almost 55 per centum of Yale undergraduate students receive some kind of financial aid, all awarded on a basis of financial need. The need-based Yale Scholarship varies from a few thousand dollars to over $65,000 per yr. Co-ordinate to the school, hundreds of undergraduate families have an "expected parental contribution" of $0.

nine. Williams College in Williamstown, MA

Williams College is one of a select group of American colleges that practice need-blind admissions for domestic applicants, including undocumented and DACA students.

Student Retention Rate: 99%
Net Cost: $17,303

School Profile

Established in 1793, Williams College is a individual liberal arts school with about 2,000 students on its breathtaking campus in western Massachusetts' Berkshires. One of our height 10 colleges, Williams houses the SMALL Summertime Research Programme for Undergraduates, which is i of the largest undergraduate math research programs in the state. More than 10 per centum of every course graduates with degrees in mathematics, well over the national average. Williams' average internet toll for aided students hasn't inverse in thirty years, and co-ordinate to the schoolhouse, the median debt at graduation among students who borrow is $fourteen,489. According to Provost Will Dudley, "Today'south average aided family contributes a little less than $18,000 toward the $100,000 that Williams spends per student."

8. Pomona Higher in Claremont, CA

To determine demand, Pomona College conducts a review of each family's financial circumstances, claiming off-white and private sentence.

Student Retentivity Charge per unit: 97%
Net Cost: $18,500

Established in 1887, Pomona Higher is a individual, nonsectarian liberal arts college located about 35 miles east of LA on a 140-acre campus. Pomona claims to run into total demonstrated need of its admitted students, who were accepted regardless of their power to encompass the cost. Pomona is the founding member of The Claremont Colleges, a consortium of seven colleges and graduate schools, giving its students access to a wide variety of resources while nonetheless offering a vii:i student-to-teacher ratio. Pomona'due south approximately 1,600 students can choose from about 50 dissimilar majors, and about 63 per centum of the educatee body receives some grade of financial aid.

7. Princeton University in Princeton, NJ

U.S. News & Globe Report and Coin have given Princeton University the No. one spot on their lists of top colleges in the state.

Pupil Retention Rate: 98%
Net Cost: $18,712

A private, Ivy League research university, Princeton University was founded in 1746 and currently enrolls five,428 undergraduate students, 60 percent of whom receive financial help. The average annual grant for the class of 2021 is $50,600, and 22 percent of the class is eligible for low-income federal grants. The educatee-faculty ratio is 5:ane, and over 300 student organizations are on the 500-acre campus. Most 82 percent of recent undergraduate seniors graduated their programs without any debt. For families who earn $65,000 or less, Princeton has covered the cost of tuition, room, board, and the residential college fee. Money'southward estimated average debt load for Princeton grads is $vii,500.

six. Salem Higher in Winston-Salem, NC

According to the American Council on Education, Salem College is the 13th oldest higher in the U.s.a..

Educatee Retention Rate: 72%
Net Price: $xviii,428

Founded in 1772, Salem College is a private, liberal arts college and the oldest continuously-operating educational institution for women in the country. With an intimate 842 total student enrollment, Salem offers four undergraduate degree programs, a BA, BS, BM, and BSBA, likewise as four graduate degrees and certificate programs. Accredited by the Committee on Colleges of the Southern Association of Colleges and Schools (SACS), Salem'due south student-faculty ratio is eleven:1, and 90 percent of professors take PhDs or last degrees in their field. This university offers financial aid to a pregnant number of students through need-based grants, low-involvement loans, piece of work-study programs, merit-based scholarships, and payment plans.

five. Stanford University in Stanford, CA

International students at Stanford University receive the aforementioned aid as those from the U.South., but the schoolhouse has a limited corporeality to offer.

Student Memory Rate: 99%
Net Cost: $sixteen,779

Opened in 1891, Stanford University is one of the almost selective private research universities in America, has a need-blind admissions policy, enrolls only under 17,400 students and offers a 5:1 student-faculty ratio. Its campus consists of eight,180 contiguous acres, and its seven schools accept 65 undergraduate degree programs and 90+ graduate fields of report. Students from families with incomes below $65,000 receive free tuition, room and board, and those with incomes beneath $125,000 nevertheless go to Stanford tuition-free. Around 70 percent of undergraduates receive financial aid. In 2018-2019, the average corporeality of scholarships and grants awarded to demand-based recipients in the current freshman form is $49,255.

iv. Harvard University in Cambridge, MA

According to the schoolhouse, 100 percent of Harvard College students have the chance to graduate debt-costless.

Student Memory Rate: 99%
Internet Cost: $eighteen,030

Established in 1636, Harvard University is a private Ivy League inquiry university with i of the nearly prestigious reputations among American colleges. Harvard offers need-blind admission to its 31,000+ caste candidates within its 12 degree-granting schools and the Radcliffe Institute for Advanced Study. The oldest institution of higher teaching in the state, Harvard's undergraduate higher extends its reach of financial aid for international students, which is the same as Americans. About 20 percent of Harvard parents have incomes less than $65,000 and are not expected to contribute. 55 per centum of students receive demand-based scholarships and 20 per centum of students' families pay nothing. Those receiving need-based scholarships pay an average of $12,000 per year.

3. University of Virginia in Charlottesville, VA

The University of Virginia claims to meet 100 pct of its students' alleged financial need in the form of scholarships, grants, work-study, and demand-based loans.

Student Retentiveness Charge per unit: 97%
Cyberspace Cost: $17,579

The University of Virginia is a public research academy, founded by Thomas Jefferson in 1819. Accredited past the Southern Association of Colleges and Schools Commission on Colleges, UVA is comprised of the College at Wise in Southwest Virginia plus 11 schools in at the Charlottesville campus, which has been a UNESCO World Heritage Site for 28 years. Virginia enrolls nearly 25,000 students, all of whom were offered admission based on intellectual ability, academic achievement and personal qualities, regardless of their families' financial situations. Around 34 percent of students receive some level of need-based financial assistance, which are loans limited to an average of $iv,500 per yr for in-state students and $7,000 annually for nonresidents.

2. University of N Carolina at Chapel Hill in Chapel Loma, NC

Every bit of May 2017, the Academy of North Carolina at Chapel Loma created 21 need-based undergraduate awards and graduate fellowships after noteworthy "firsts" to laurels those within the UNC customs.

Pupil Retention Rate: 97%
Net Cost: $ten,085

Chartered in 1789, the Academy of Due north Carolina at Chapel Loma is a public enquiry university among the 17 inside the University of Northward Carolina system, and information technology'due south situated in a beautiful classic college town. The nation's commencement public university, UNC is a fellow member of the prestigious Clan of American Universities. Information technology offers more 70 majors and minors within lx departments. UNC is accredited by the Southern Clan of Colleges and Schools Commission on Colleges. It has more than thirty,000 students and it "meets all of the documented need of undergraduates who apply to fiscal aid on time." The Carolina Covenant is a hope of debt-free education for low income students, and it has offered effectually 6,500 the adventure to graduate without debt.

one. Soka University of America in Aliso Viejo, CA

Eligible admitted Soka Academy of America students, whose earned family income is $60,000 or less, can receive total tuition scholarships.

Student Retention Rate: 92%
Net Cost: $xiv,439

Founded in 2001 on the Buddhist principles of peace, human rights, and the sanctity of life, Soka University of America is a private, nonprofit liberal arts college offering 103-acre campus merely three miles from the beach, an 8:1 student-kinesthesia ratio, and generous financial aid for international students. Students at SUA can earn a bachelor of the arts degree with concentrations in ecology studies, humanities, international studies, and social and behavioral sciences with a new concentration in life sciences. Accredited by the WASC Senior College and University Commission, it also has a graduate programme in educational leadership and societal modify. Soka University awarded grants and scholarship to 100 percent of its commencement-year students, both domestic and international.

This commodity was updated in July 2020.

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Additional Sources:

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