by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Hamilton College can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Hamilton offer, and what will you qualify for? Keep reading for more information. Keep going to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Hamilton College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Hamilton College, 63% of entering full-time freshmen got some type of financial assistance approximately 291 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $55,511 |
| Institutional grants & scholarships | 55% | $53,093 |
| Federal Pell grants | 19% | $5,676 |
| State/local grants | 10% | $5,233 |
| Federal student loans | 31% | $4,010 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Hamilton, roughly 53% of undergrads got grants or scholarships worth on average $54,118 (among about 1092 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $54,118 |
| Federal Pell grants | 18% | $5,938 |
| Federal student loans | 29% | $4,398 |
For students living on campus and receiving title-IV aid, grants averaged $55,245.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,013 |
| $30,001 – $75,000 | $13,917 |
| Over $75,000 | $42,761 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $28,985 |
| Off-campus title-IV students | $28,314 |
For a personalized estimate based on your family’s financial situation, use Hamilton’s online cost calculator: npc.collegeboard.org/app/hamilton.
The median student at Hamilton graduates with $15,015 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,015 |
| Median federal debt (graduates only) | $17,000 |
| Typical 10-year monthly payment (graduates) | $180.23/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Hamilton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $8,824 |
| 75th percentile | $20,863 |
| 90th percentile (highest-debt students) | $26,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,506 |
| Middle income | $14,250 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,500 |
| Continuing-generation students | $14,631 |
A handful of calculated indicators summarize the debt outlook at Hamilton.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Hamilton:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2978 |
| Total Stafford loan amount | $34,911,298 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $278,580 |
| Average GI Bill amount per recipient | $46,430 |
References
More about our data sources and methodologies.