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Claremont McKenna College

For all students, after the family covers any EFC, the college covers the remaining student budget with work-study and grant aid.
For all students. . .   2009-10 Estimated Student Budget
  After the family covers any EFC, the college ensures enough work study and grant aid to cover remaining expenses.
Tuition & Fees $38,510
Books & Supplies $900
Room & Board $12,525
Transportation & Personal Expenses $1,100
Total Expenses:     $53,035   

About the Financial Aid Pledge (2009-10):

Who qualifies for the pledge (in addition to common requirements)?
All students.

How is EFC determined and used?
Institutional Methodology; EFC includes a minimum expected student contribution of between $1,650 for freshmen.

How much academic year work and/or need-based loans are included?
No loans and $1,700 in work-study.

Does the offer account for the full student budget?
Yes.

How are outside scholarships handled?
Outside scholarships reduce work-study before reducing institutional grant aid.

For more information:
Claremont McKenna College Introduces No Loan Policy

About the Institution (2007-08):

    Location: Claremont, CA
    Type: Private 4-year
    Undergraduate enrollment: 1,140
    Pell Grant recipients (a measure of low-income enrollment): 11%
    Proportion of graduating seniors with student debt: 51%
    Average debt: $10,518

Glossary

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