Hey guys, I'm considering applying to Claremont McKenna and was wondering what their financial aid packages are like. Do they generally provide good aid? Thanks for any help!
Claremont McKenna College (CMC) is committed to making education accessible and affordable for their students. They offer a combination of need-based grants, work-study opportunities, and some merit-based scholarships.
CMC follows a need-blind admission policy for domestic students, which means that the college doesn't take into consideration a student's financial situation when assessing their application. They aim to meet 100% of demonstrated financial need for all admitted students.
To get an idea of the financial aid package you might receive, it's a good idea to use Claremont McKenna's Net Price Calculator, which can provide you with an estimate of your potential financial aid. This calculator takes into account your family's income, assets, and other financial information to give you an idea of what you can expect in terms of grants, loans, and work-study options. Keep in mind that the accuracy of the Net Price Calculator depends on the information you input, so be sure to gather your family's financial records before you begin. The actual financial aid offer may vary depending on your specific circumstances and the funds available at the time.
Additionally, CMC does offer merit-based scholarships such as the McKenna Achievement Award, which is awarded to a select group of incoming students based on their academic and extracurricular achievements. However, the majority of financial aid at Claremont McKenna is need-based.
Overall, Claremont McKenna has a strong commitment to providing financial aid, ensuring that students who otherwise couldn't afford to attend the college have the opportunity to do so. Still, it's essential to make sure that you complete the required financial aid forms (FAFSA and CSS Profile) accurately and on time to maximize your chances of receiving a substantial aid package.
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