Stanford University

National College Match Scholarship Package

These numbers are based on costs for the 2021-2022 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 Stanford.

Annual Cost of Attendance

Tuition

$55,473

Room & Board

$17,255

Books & Supplies

$1,290

Travel

Varies

Personal

$2,205

Student Fees Allowance

$1,995

New Student Fees

$775

Total

$78,993

How Annual Costs Are Covered

Grants

$75,493

Academic Year Earnings

$3,500

Student Summer Work Contribution

$0*

Student Savings

5% of student assets

Parent Contribution

$0

Student Loan

$0

Total

$78,993

Policy Regarding Outside Awards
Outside awards can be used to reduce the Student Responsibility down to zero. Funding in excess of that amount will be used to reduce the Stanford scholarship.

Policy on Health Insurance
Stanford requires all students to have health insurance, either through a parent or another plan. If a student is not covered by a parental plan, the Stanford grant will be increased to pay for the $5,928 Stanford Cardinal Care student health plan.

Policy on Travel Allowance
A travel allowance will be determined by Stanford based on family location. Stanford scholarship will be increased for this allowance.

Requirements Associated with Maintaining this Award
Students must be making Satisfactory Academic Progress and submit a complete financial aid application each year as outlined on the Financial Aid website. The Financial Aid Officer will then review the yearly information and create an award based on the updated student budget and family circumstances.

Other Details
* The Summer Work Contribution has been reduced from $1,500 to $0 for the Summer 2021 due to the Covid-19 situation.

Students on Stanford financial aid will receive assistance for other expenses including unreimbursed medical expenses and attendance at Stanford's Bing Overseas programs.

Stanford University’s Financial Aid Overview 

At Stanford, you must apply for financial aid for each academic year you plan to enroll.

Stanford expects students and their parents to contribute toward educational costs to the extent that they are able. Stanford's financial aid program will make up the difference when families are not financially able to cover the costs. Stanford individually evaluates each application on several factors including family total income, family size, and the number of siblings in college. Stanford will also review any documented special circumstances, such as high medical expenses.

Stanford will expect no parent contribution toward educational costs for parents with total annual income below $65,000 and typical assets for this income range. For parents with total annual income below $125,000 and typical assets for this income range, Stanford will ensure that all tuition charges are covered with need-based scholarship, federal and state grants, and/or outside scholarship funds. In most cases, the parent contribution will be no higher than the standard cost of room and board (around $18,900). Many parents in this group will see contribution amounts far lower than $18,900.

All students have a Student Responsibility. This Student Responsibility portion of the package can be met with a combination of sources including: employment during the summer and academic year, scholarships from outside the University (e.g., National Merit Scholarships, Rotary Scholarships, etc) or a student loan. Students will also be expected to contribute 5% of their own savings. For most students the total Student Responsibility is $5,000. Families with incomes higher than $65,000 will have an expected parent contribution higher than $0, but with similar Student Responsibility levels.