Claremont McKenna College

National College Match Scholarship Package

These numbers reflect estimated student expenses for the 2022-2023 school year. Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase. Your official financial aid award will be included in a letter directly from CMC.

Policy on Outside Funding
Students are encouraged to pursue outside funding to help finance books, travel, personal, and health insurance expenses. Outside aid that exceeds these budgetary items will reduce Claremont McKenna College grant dollar for dollar. With the scholarship sponsor's permission, outside funding may be used to purchase a personal computer to minimize the Claremont McKenna College grant reduction. Federal and state grants are not considered outside funds.

Policy on Books and Travel Allowance
Students are expected to cover their own books and travel expenses as part of their contribution from summer work and/or academic year earnings. The book allowance is based on the amount students typically spend for books and supplies. Travel allowances are based off the permanent home address of the student. Grant aid is not provided for these costs of attendance.

Policy on Health Insurance
Claremont McKenna College requires all students to have adequate health insurance, either through a parent or another plan. If a QuestBridge Scholar is not covered by an existing plan while in Los Angeles (or abroad), the student may request that the $2,868 CMC Student Health Insurance Plan is paid by the Kravis Opportunity Fund.

Policy on Student Contribution
Students cover a portion of their own personal expenses, books, travel expenses, etc., from summer work earnings and/or academic year earnings through their work-study award. The expected student summer work contribution increases by $100 each year and may be replaced with loans, if requested. Student summer work contribution amounts are as follows:

    First year: $2,200

    Second year: $2,300 

    Third year: $2,400

    Fourth year: $2,500 

Other Details
QuestBridge Scholars are required to submit a FAFSA as soon as possible to determine their federal aid eligibility. California residents will be required to apply for a Cal Grant by submitting a GPA Verification Form to CSAC by March 2, 2023. AB-540-Eligible California Residents must complete the California Dream Act Application by March 2, 2023.

Requirements Associated with Maintaining this Award
Students must maintain satisfactory academic progress toward graduation to remain eligible for financial aid. The Match Scholarship is only guaranteed for eight semesters. In very limited cases, additional semesters of aid may be available through an appeal process. Students would need to apply for regular need-based financial aid where loans will be a part of the package. All QuestBridge Scholars will need to submit the FAFSA or California Dream Act Application each year to reapply for the scholarship.

Claremont McKenna College’s Financial Aid Overvie

CMC is fully committed to meet 100% of demonstrated need of all admitted students, regardless of their financial background. CMC determines financial aid eligibility by evaluating each family’s ability to pay for education and will consider factors such as family income, family size, number of siblings in college and other special circumstances.

CMC is dedicated to fostering a campus with a diverse student body including those with financial disadvantages and expects that many QuestBridge applicants will qualify for exceptional financial aid through the student's four years at CMC.