What This Means For You
The quantity of financial assistance, grants, and scholarships varies person to person. With all the info here, you will better understand how much financial aid you'll get from Claremont McKenna according to family income and merit.
How Much Financial Assistance is Offered?
$39,393 is the average Claremont McKenna College's first year financial aid offer. Approximately 42.0% of incoming students obtain some financial aid, the majority of which is in the form of scholarships and grants.
Student loans come bundled into financial aid packages, however the only true discount from the cost of college is a scholarship or grant that you do not need to pay back.
Student debt should be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Claremont McKenna.
Amount of Claremont McKenna Scholarships & Grants
The numbers listed below make reference to help which is offered by Claremont McKenna College.
42.0% of freshmen (136 total) were given scholarships at Claremont McKenna College, averaging $31,945 per student. This ranks in the top 20th percentile of all colleges in the country.
34 freshman students were awarded federal grant aid. About 10.0% of Claremont McKenna freshmen received grants around $4,843 a piece.
The chart underneath displays the typical level of scholarship and grant aid given to all first year students.
Scholarships are given due to special ability or merit, while grants are awarded due to need.
Financial Aid by Income Level
Discover just how much scholarship and grant assistance you might expect to be given determined by your family income. The chart below displays first year students obtaining federal aid which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.3% | $55,581 |
| Income 30k-48k | 2.4% | $56,514 |
| Income 48k-75k | 5.8% | $47,510 |
| Income 75k-110k | 4.3% | $36,365 |
| Income 110k + | 11.0% | $27,511 |
Title IV aid features grants, loans, or work-study granted from the government usually determined by financial need. Learn more here.
The Standard Undergrad Receiving a Grant or Scholarship Will Get $36,904
46.0% of the 1,301 undergrads at Claremont McKenna College qualify for some type of grant aid. A total of about 593 students benefiting from about $36,904 each.
Claremont McKenna College Financial Aid Info
| Financial Aid Department Website | www.cmc.edu/financial-aid |
| Net Price Calculator | https://npc.collegeboard.org/student/app/claremontmckenna |
