For the academic year 2022-2023, total 319 full-time, first-time students (64% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 872 students (56% of all students) received grants or scholarships and the average grant amount is $44,943. In addition, 609 students received student loans and the average loan amount is $5,742.
Below tables show the number and amount by source of financial aid at Reed College.
For all undergraduate students, total 872 students (56% of all students) received grants or scholarships and the average grant amount is $44,943. In addition, 609 students received student loans and the average loan amount is $5,742.
Below tables show the number and amount by source of financial aid at Reed College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 872 | 56% | $44,943 |
| Pell Grants | 178 | 11% | $5,053 |
| Federal Student Loans | 609 | 39% | $5,742 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 319 | 64% | - |
| Grants or Scholarship from All Sources | 303 | 60% | $47,864 |
| Federal Grants | 54 | 11% | $6,337 |
| Pell Grants | 54 | 11% | $5,374 |
| Other Federal Grants | 52 | 10% | $1,000 |
| State/Local Grants | 8 | 2% | $3,612 |
| Institutional Grants | 302 | 60% | $46,794 |
| Student Loans | 231 | 46% | $6,315 |
| Federal Student Loans | 225 | 45% | $4,744 |
| Other Student Loans | 23 | 5% | $17,015 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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