Number Received Financial Aid (All Undergraduate)
763
Percent Received Financial Aid(All Undergraduate)
52%
Average Aid Amount
$39,774
Number Received Financial Aid (Freshmen)
236
Percent Received Financial Aid (Freshmen)
60%
Financial Aid Information at Reed
For the academic year 2021-2022, a total of 763 students (52% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $39,774. For freshmen (Full-time, first-time degree-seeking undergraduate students), 236 students (60% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at Reed College is $64,760, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 763 students (52% of all students) have received grants or scholarships and the average received aid amount is $39,774. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Reed College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 763 | 52% | $39,774 |
| Pell Grants | 175 | 12% | $4,746 |
| Federal Student Loans | 553 | 38% | $6,002 |
Beginning Students Financial Aid
a total of 236 beginning students (60% of all freshmen) have received any financial aid and 231 students (59% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Reed College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 236 | 60% | - |
| Grants or Scholarship from All Sources | 220 | 56% | $41,611 |
| Federal Grants | 36 | 9% | $5,630 |
| Pell Grants | 36 | 9% | $4,658 |
| Other Federal Grants | 34 | 9% | $1,029 |
| State/Local Grants | 1 | 0% | $3,300 |
| Institutional Grants | 219 | 56% | $40,861 |
| Student Loans | 163 | 41% | $6,348 |
| Federal Student Loans | 157 | 40% | $4,853 |
| Other Student Loans | 18 | 5% | $15,149 |
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