Claremont McKenna College

National College Match Scholarship Package

These numbers are based on costs for the 2017-2018 school year.  Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase.

Annual Cost of Attendance

Tuition

$52,580

Room & Board

$16,220

Books & Supplies

$1,200

Travel*

Varies

Personal

$1,500

Required Fees

$745

Health Insurance**

Varies

Total

$72,245

How Costs Are Covered (annually)

Grants

$67,845

Federal Work-Study

$2,200

Student Summer Work Contribution

$2,200

Student Savings

$0

Parent Contribution

$0

Student Loan**

$0

Total

$72.245

 

Policy Regarding Outside Scholarships
Students are encouraged to pursue outside scholarships to help finance travel, personal, and health insurance expenses.  Outside aid which exceeds these budgetary items, will reduce Claremont McKenna College Scholarship dollar for dollar. With the scholarship sponsor's permission, outside scholarships can be used to purchase a personal computer to minimize the Claremont McKenna College scholarship reduction. Federal and state grants are not considered as outside scholarship assistance.

Policy on Health Insurance
**Claremont McKenna College requires all students to have health insurance, either through the college or their family.  The cost of a health insurance plan at Claremont McKenna College is $2,095 (not included in total cost of attendance above).  The College provides grant assistance for half the cost of the college health insurance ($1,047) if students are not covered by their family plan. Students may request a loan for the second half if they do not have outside scholarship funding to cover this amount.

Policy on Travel Allowance
*Students are expected to cover their own travel expenses as part of their contribution from summer work and/or academic year earnings. Travel allowances are based off the permanent home address of the student.  Grant aid is not provided for this cost of attendance.

Other Details
Students cover their own personal expenses, books, and travel expenses from summer work and/or academic year earnings. The expected student work-study increases from year to year. Amounts for 2017-18 are as follows:

    First year: $2,200

    Second year: $2,300*** 

    Third year: $2,400***

    Fourth year: $2,500 

***Students who study abroad sophomore or junior year may take out a loan because they cannot participate in work-study while abroad.  If they are off-campus for one semester they are permitted to work up to the full amount of their work-study award during the semester they are on campus.

Requirements Associated with Maintaining this Award
Students must maintain satisfactory academic progress toward graduation to remain eligible for financial aid. Scholarship is only guaranteed for 8 semesters. In very limited cases, additional semesters of aid may be available through an appeal process; but if the appeal is granted the package will include loans. QuestBridge Scholars will need to reapply for financial aid each year of attendance.