OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Earlham College Financial Aid and Scholarships 2022

Earlham College, which is located in Richmond, IN is a private, Friends university. Earlham College occupies a total area of about 800 acres. The foundation of Earlham College was laid down in the year 1847. Earlham College believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Vita Lux Hominum (Life is the Light of Man) and its official colors are maroon and white. Out of total 1,019 students

Earlham College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$36.455M

Financial Aid Official Website

www.earlham.edu/financial-aid

Among them are scholarship programs such as Alice Ann Garner Scholarship, Amy L. McKee-Everett Memorial Scholarship, Anthony Munoz Foundation Scholarship Fund, and Birds Eye Foods (Brooks Foods) Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,967,982. One can visit EC's financial aid page at http://www.earlham.edu/financial-aid for more information. Notably, a total of 25% of the applicants to Earlham College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 25% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,888, the State Grant receivers and Institution Grant beneficiaries get $7,360 and $34,493, respectively. And, for the Pell Grant awardees, the average aid amount is $4,490. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $44,390 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $43,138 and $40,539, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $35,173. And, for those with a family income of more than $110,000, the amount stands at $28,667. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 53% of the applicants to Earlham College opt for student loans.

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