In 2008-2009, Grinnell awarded approximately $36.5 million in scholarships, grants, work and loans; $32.2 million of that was gift aid. In addition, our students' net tuition and fees cover only 30 percent of the actual educational costs. Endowment income, alumni gifts, and private philanthropy make up the other 70 percent.

Most financial aid is awarded on the basis of need; however, need is not considered when determining your eligibility for admission to Grinnell.

Awards are generally mailed at the time of the admission decision. The college requires admittance before an award is offered. Financial aid is awarded on an annual basis and may be adjusted in subsequent years if the family's financial situation or number in college changes.