 |
|
- Grinnell College meets 100 percent of demonstrated institutional need for all admitted domestic students. The College is moving to meet the full demonstrated need of select international students, who historically were eligible to receive an aid package covering up to 85 percent of their need.
- As part of the culture of alumni support, the College also raises specific funds from alumni to reduce, at the time of graduation, the indebtedness of seniors who have demonstrated a solid work ethic both academically and co-curricularly.
- Beginning in the 2007-08 academic year, eligible students may designate one summer devoted to either an approved Grinnell College sponsored internship or summer research at Grinnell College. In return, the expected summer earnings contribution of $2,500 will be eliminated for that one summer only.
- For students entering Grinnell in the fall of 2007 or later and receiving any non need-based aid, the College will index the merit aid award at the same percentage as the comprehensive fee increase - providing the student remains in good standing and fulfills the academic standards of the merit award.
- Beginning with the 2008-09 academic year and continuing for 2009-10, the College limited or capped the amount of loan used to meet a student's institutionally determined need at $2,000. Need-based grants and work make up the remainder of the packages which meet the full demonstrated institutional need of all admitted students. The College remains committed to a need-based loan cap with modest annual increases due to increasing costs and current economic conditions.
|
|
|
|
