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Merit Aid (by Institution)

Merit aid is financial aid awarded to students on the basis of their academic or extracurricular accomplishments, rather than their financial need. The following table indicates the percentage of incoming freshman receiving merit aid at 360 of America’s selective colleges, as well as the average merit award received. Data was collected from the College Board, IPEDS, and Peterson’s and is for the 2017-18 academic year, the most recent year for which such data is made available. We also included the average Cost of Attendance (COA), a figure that includes tuition, fees, room and board, books and supplies, and personal expenses. For more information on how to position yourself to receive merit aid, visit our blog post on the subject.

InstitutionCost of Attendance
In-State
Cost of Attendance
Out-of-state
% Receiving
Merit Aid
Average Merit Award
Agnes Scott College$55,625$55,62540%$29,363
Albion College$59,655$59,65598%$28,917
Alfred University$50,100$50,10051%$13,739
Allegheny College$63,180$63,18038%$25,905
Alma College$51,256$51,25626%$25,040
American University$65,048$65,04826%$14,637
Amherst College$74,566$74,5660%$0
Appalachian State University$18,079$32,8866%$5,313
Arizona State University$28,535$46,31936%$9,329
Auburn University$31,590$50,83833%$7,453
Augustana College (IL)$54,907$54,90735%$23,237
Austin College$55,137$55,13764%$24,114
Babson College$71,272$71,27212%$25,085
Bard College$72,968$72,9681%$31,033
Barnard College$74,777$74,7770%$0
Bates College$71,168$71,1680%$0
Baylor University$62,712$62,71296%$17,488
Belmont University$52,760$52,76035%$8,348
Beloit College$61,784$61,78465%$30,800
Bennington College$74,320$74,32043%$21,973
Bentley University$68,710$68,71034%$18,050
Berea College$35,394$35,3940%$0
Berry College$52,550$52,55046%$16,759
Boston College$73,092$73,0923%$20,287
Boston University$72,618$72,61811%$24,138
Bowdoin College$70,710$70,7104%$1,000
Bradley University$47,820$47,82024%$12,111
Brandeis University$73,335$73,33516%$13,958
Brigham Young University$18,776$18,77658%$4,216
Brown University$73,992$73,9920%$0
Bryant University$62,625$62,62579%$16,537
Bryn Mawr College$71,310$71,31015%$16,041
Bucknell University$72,750$72,75020%$11,958
Butler University$58,800$58,80044%$15,614
California Institute of Technology$72,084$72,0840%$0
California Polytechnic State University, San Luis Obispo$28,340$40,22016%$2,916
Calvin College$48,700$48,70038%$15,382
Canisius College$42,288$42,28839%$19,306
Carleton College$71,325$71,32511%$3,873
Carnegie Mellon University$72,283$72,2836%$13,030
Case Western Reserve University$67,332$67,33245%$23,573
Catholic University$64,560$64,56029%$21,690
Centre College$55,420$55,42038%$23,084
Champlain College$59,752$59,75231%$10,778
Chapman University$73,182$73,18268%$19,066
Christopher Newport University$31,102$32,30835%$3,348
Claremont McKenna College$71,110$71,11023%$20,314
Clark University$56,650$56,65055%$19,964
Clarkson University$68,112$68,11229%$25,126
Clemson University$29,258$50,20062%$6,585
Coe College$58,150$58,15027%$26,569
Colby College$70,135$70,1350%$0
Colgate University$72,275$72,2750%$0
College of Charleston$30,139$49,23164%$11,237
College of the Atlantic$54,969$54,96917%$17,604
College of the Holy Cross$69,190$69,1903%$23,008
College of the Ozarks$29,515$29,51527%$10,198
College of William and Mary$39,179$60,48017%$9,120
Colorado College$70,472$70,47220%$17,241
Colorado School of Mines$35,503$55,12373%$7,948
Colorado State University$27,255$45,15636%$5,215
Columbia University$77,411$77,4110%$0
Connecticut College$71,970$71,9700%$0
Cooper Union$67,013$67,013100%$22,930
Cornell College$56,122$56,12249%$24,013
Cornell University$72,804$72,8040%$0
Creighton University$54,952$54,95250%$17,630
CUNY Baruch College$28,869$40,13984%$5,100
CUNY, Brooklyn College$25,704$36,97424%$4,277
CUNY, City College$32,630$43,90054%$3,279
CUNY, Hunter College$28,974$40,24473%$4,173
Dartmouth College$74,957$74,9570%$0
Davidson College$68,594$68,59422%$26,274
Denison University$66,990$66,99095%$23,414
DePaul University$57,678$57,67886%$2,881
DePauw University$65,024$65,02453%$24,251
Dickinson College$72,239$72,23923%$11,343
Drake University$56,724$56,72442%$19,146
Drew University$57,330$57,33031%$21,288
Drexel University$70,258$70,25838%$15,736
Duke University$75,169$75,1697%$71,491
Duquesne University$54,364$54,36498%$15,289
Earlham College$59,600$59,60036%$25,203
East Carolina University$21,736$38,01316%$3,887
Eckerd College$61,578$61,57834%$16,285
Elizabethtown College$60,460$60,46034%$24,611
Elon University$51,049$51,04936%$8,421
Embry-Riddle Aeronautical University$53,250$53,25061%$13,503
Emerson College$68,042$68,04219%$14,160
Emory University$69,452$69,45219%$27,096
Evergreen State College$21,382$38,8423%$835
Fairfield University$65,940$65,94045%$14,404
Florida Atlantic University$24,567$40,1239%$4,701
Florida Gulf Coast University$20,443$39,48621%$2,665
Florida Institute of Technology$59,530$59,53092%$16,746
Florida International University$23,690$36,08844%$2,241
Florida Southern College$52,000$52,00072%$21,247
Florida State University$22,625$37,79148%$5,418
Fordham University$74,538$74,53835%$18,451
Franklin & Marshall College$73,370$73,3700%$0
Furman University$65,024$65,02489%$16,603
George Mason University$29,318$52,77828%$4,945
George Washington University$73,005$73,00558%$20,188
Georgetown College$51,946$51,94687%$5,458
Georgetown University$74,499$74,4990%$0
Georgia College and State University$26,466$45,18050%$2,574
Georgia Institute of Technology$26,850$47,44635%$5,523
Georgia State University$25,430$44,00474%$0
Gettysburg College$69,990$69,99047%$16,727
Gonzaga University$59,708$59,70849%$15,510
Goucher College$62,506$62,50643%$19,581
Grinnell College$67,902$67,90229%$20,075
Gustavus Adolphus College$57,280$57,28033%$23,581
Hamilton College$70,490$70,4900%$0
Hampshire College$67,024$67,02431%$8,854
Harvard University$71,650$71,6500%$0
Harvey Mudd College$77,203$77,20333%$11,251
Haverford College$73,656$73,6560%$0
Hendrix College$62,714$62,71448%$27,460
High Point University$52,998$52,99862%$7,238
Hiram College$47,685$47,68566%$9,657
Hobart and William Smith Colleges$70,040$70,04051%$14,507
Hofstra University$65,758$65,75840%$19,985
Hollins University$55,355$55,35597%$32,288
Hood College$56,586$56,58636%$18,523
Hope College$46,930$46,93079%$9,539
Howard University$44,591$44,59161%$27,031
Illinois Institute of Technology$65,036$65,03647%$25,683
Illinois Wesleyan University$61,020$61,02042%$22,311
Indiana University$24,782$49,55727%$7,384
Ithaca College$62,757$62,75745%$15,972
James Madison University$26,860$43,2606%$6,601
Johns Hopkins University$73,066$73,06616%$30,263
Juniata College$60,368$60,36836%$24,402
Kalamazoo College$59,449$59,44951%$26,548
Kenyon College$71,830$71,83026%$14,855
Kettering University$59,544$59,54430%$15,499
Knox College$58,324$58,32426%$24,600
Lafayette College$69,520$69,52015%$26,759
Lawrence University$60,591$60,59140%$23,151
Lehigh University$68,595$68,59512%$13,964
Lewis & Clark College$66,526$66,52639%$18,713
Louisiana State University$30,360$47,03720%$4,321
Loyola Marymount University$68,169$68,16941%$12,034
Loyola University Chicago$61,788$61,78835%$18,773
Loyola University Maryland$66,365$66,36538%$18,137
Macalester College$69,127$69,12718%$16,773
Marietta College$50,154$50,15480%$22,194
Marist College$58,150$58,15086%$9,150
Marlboro College$55,625$55,6259%$31,844
Marquette University$57,802$57,80244%$15,206
Massachusetts Institute of Technology$70,240$70,2400%$0
McDaniel College$57,610$57,60135%$21,775
Messiah College$49,280$49,28035%$14,751
Miami University$33,210$52,72742%$9,531
Michigan State University$28,428$53,37330%$10,242
Middlebury College$71,980$71,9800%$0
Millsaps College$56,590$56,59048%$27,240
Milwaukee School of Engineering$54,338$54,33832%$14,803
Mississippi State University$25,342$39,94236%$4,036
Morehouse College$48,500$48,50011%$27,828
Mount Holyoke College$66,558$66,55831%$19,213
Muhlenberg College$67,535$67,53577%$13,936
New College of Florida$20,650$43,67844%$2,289
New Jersey Institute of Technology$36,498$51,51861%$14,272
New York University$72,900$72,9003%$7,039
North Carolina State University$23,977$43,32014%$6,113
Northeastern University$71,067$71,06743%$19,869
Northwestern University$74,648$74,6480%$0
Oberlin College$74,000$74,00080%$16,847
Occidental College$74,132$74,13230%$11,808
Oglethorpe University$55,250$55,25032%$24,179
Ohio State University$27,340$47,35638%$6,886
Ohio University$27,142$36,60616%$4,017
Oregon State University$27,438$46,09818%$5,577
Penn State University$36,344$51,57230%$5,649
Pepperdine University$73,002$73,00225%$15,158
Pitzer College$72,900$72,9004%$3,833
Pomona College$72,696$72,6960%$0
Princeton University$69,000$69,0000%$0
Principia College$44,080$44,08075%$22,145
Providence College$67,236$67,23628%$16,055
Purdue University$22,812$41,61435%$5,392
Quinnipiac University$65,300$65,30078%$16,331
Ramapo College of New Jersey$31,572$40,91327%$11,082
Reed College$73,400$73,4000%$0
Rensselaer Polytechnic Institute$71,998$71,99834%$20,777
Rhodes College$63,037$63,03763%$23,484
Rice University$65,350$65,35012%$26,283
Ripon College$54,558$54,55824%$22,689
Roanoke College$60,970$60,97097%$22,607
Rochester Institute of Technology$59,230$59,23041%$11,343
Rockhurst University$53,661$53,66163%$21,323
Rollins College$68,207$68,20741%$26,363
Rutgers University$32,191$48,13221%$11,601
Saint John's University (MN)$57,809$57,80991%$18,314
Saint Joseph's University$61,921$61,92135%$15,594
Saint Louis University$61,018$61,01839%$19,212
Saint Mary's College, Notre Dame$57,200$57,20091%$17,246
Saint Michael's College$59,764$59,76454%$18,883
Samford University$47,913$47,91358%$11,527
San Diego State University$29,162$41,04232%$3,300
San Francisco State University$27,481$39,36118%$4,262
Santa Clara University$71,778$71,77842%$16,012
Sarah Lawrence College$73,670$73,67026%$17,758
Scripps College$73,756$73,75622%$16,083
Seattle University$61,608$61,60849%$17,212
Seton Hall University$61,270$61,27062%$11,366
Sewanee: University of the South$60,950$60,95045%$15,415
Siena College$56,176$56,17690%$13,337
Simmons College$59,830$59,83029%$20,792
Skidmore College$71,780$71,7803%$15,000
Smith College$72,701$72,7016%$16,095
Southern Methodist University$74,738$74,73859%$27,407
Southwestern University$56,630$56,63099%$22,395
Spelman College$53,179$53,1792%$45,405
St. Edward's University$63,010$63,01058%$19,354
St. John's College, Annapolis$66,850$66,85050%$20,503
St. John's College, Santa Fe$67,666$67,66637%$21,545
St. Lawrence University$70,630$70,63083%$18,541
St. Mary's College of Maryland$30,378$46,14060%$3,651
St. Olaf College$60,990$60,99040%$17,307
Stanford University$72,847$72,8470%$0
Stevens Institute of Technology$69,696$69,69671%$18,399
Stonehill College$61,246$61,24648%$19,471
SUNY Binghamton University$26,866$41,5467%$6,985
SUNY Stony Brook$26,091$43,76122%$5,620
SUNY University at Buffalo$28,329$45,99917%$4,026
SUNY, College of Environmental Science and Forestry$27,654$37,43473%$3,716
SUNY, Geneseo$25,761$35,54116%$2,137
SUNY, Maritime College$25,905$35,68530%$1,914
SUNY, New Paltz$24,291$34,1715%$7,078
SUNY, Oneonta$24,162$33,81240%$3,945
SUNY, Oswego$24,780$34,56070%$2,028
SUNY, Purchase College$26,345$35,99520%$2,376
SUNY, University at Albany$25,620$42,4609%$4,709
Susquehanna University$62,550$62,55033%$25,557
Swarthmore College$69,422$69,4220%$0
Syracuse University$70,636$70,63619%$9,770
Temple University$32,300$44,06059%$9,702
Texas A&M University$27,581$54,33217%$4,193
Texas Christian University$65,684$65,68457%$16,868
Texas Tech University$25,775$38,01538%$3,866
The College of New Jersey$34,992$46,70730%$5,241
The College of Wooster$64,000$64,00050%$27,540
Thomas Aquinas College$35,738$35,7380%$0
Towson University$27,154$40,42238%$4,356
Trinity College$74,160$74,1603%$23,591
Trinity University$58,840$58,84068%$21,659
Truman State University$21,510$28,36196%$5,759
Tufts University$73,500$73,5004%$500
Tulane University$73,296$73,29646%$23,999
Union College$70,860$70,86045%$14,464
University of Alabama$26,572$45,02257%$14,821
University of Arizona$29,097$52,99634%$8,171
University of California, Berkeley$36,410$65,4022%$13,394
University of California, Davis$35,361$64,3566%$6,040
University of California, Irvine$34,419$63,4112%$7,118
University of California, Los Angeles$32,491$61,9334%$4,847
University of California, Riverside$36,683$65,6753%$9,123
University of California, San Diego$31,567$59,5813%$10,814
University of California, Santa Barbara$33,834$62,8263%$8,792
University of California, Santa Cruz$36,458$64,47212%$5,020
University of Central Florida$22,051$38,60048%$4,041
University of Chicago$78,555$78,55529%$8,720
University of Cincinnati$28,156$43,49051%$5,172
University of Colorado Boulder$31,044$55,79834%$8,704
University of Connecticut, Storrs$32,404$54,77241%$9,691
University of Dallas$57,352$57,35230%$23,470
University of Dayton$59,480$59,48043%$17,549
University of Delaware$29,342$49,97228%$7,018
University of Denver$67,656$67,65646%$20,744
University of Evansville$52,190$52,19053%$18,287
University of Florida$21,131$43,40845%$2,946
University of Georgia$25,314$43,88814%$3,636
University of Hawaii at Manoa$29,316$51,34836%$11,953
University of Houston$27,127$42,57716%$5,191
University of Illinois at Chicago$27,238$40,4547%$6,086
University of Illinois, Urbana Champaign$31,216$47,01221%$5,670
University of Iowa$22,171$43,81553%$5,277
University of Kansas$25,090$40,85829%$6,643
University of Kentucky$30,201$47,05573%$9,694
University of Louisville$27,980$43,60229%$7,981
University of Maine$24,788$44,58822%$7,213
University of Mary Washington$27,398$42,64447%$3,004
University of Maryland$26,796$51,41726%$5,982
University of Maryland, Baltimore County$27,658$42,75232%$8,453
University of Massachusetts Amherst$30,814$48,88020%$4,848
University of Miami$68,460$68,46044%$19,482
University of Michigan$30,298$64,38646%$4,732
University of Minnesota$27,469$39,65518%$5,139
University of Minnesota, Morris$24,222$26,24226%$4,054
University of Mississippi$25,436$41,39043%$9,026
University of Missouri, Columbia$26,611$43,33029%$6,428
University of Missouri, Kansas City$22,568$37,69422%$4,537
University of Montana$20,650$38,36566%$5,134
University of Nebraska-Lincoln$24,912$40,70717%$7,765
University of New Hampshire$33,750$49,13021%$6,054
University of North Carolina at Asheville$19,851$36,57414%$2,066
University of North Carolina at Chapel Hill$23,811$49,9945%$11,495
University of North Carolina at Charlotte$22,553$35,98715%$5,836
University of North Carolina at Greensboro$19,847$35,00666%$3,757
University of North Carolina at Wilmington$24,891$38,95612%$2,608
University of North Texas$25,227$37,67739%$6,491
University of Notre Dame$71,801$71,80111%$25,299
University of Oklahoma$29,322$44,70348%$2,896
University of Oregon$27,502$50,54117%$6,173
University of Pennsylvania$75,303$75,3030%$0
University of Pittsburgh$33,503$46,47510%$12,110
University of Portland$62,476$62,47696%$19,112
University of Puget Sound$65,616$65,61654%$17,530
University of Redlands$68,922$68,92231%$18,075
University of Rhode Island$30,329$47,05319%$6,921
University of Richmond$67,020$67,02023%$33,994
University of Rochester$72,554$72,55441%$13,342
University of San Diego$67,498$67,49864%$14,503
University of San Francisco$68,296$68,29656%$14,651
University of Scranton$62,886$62,88629%$15,740
University of South Carolina$27,487$47,58783%$6,202
University of South Florida$21,410$32,32421%$3,416
University of Southern California$71,620$71,62035%$23,474
University of St. Thomas (MN)$57,644$57,64430%$21,831
University of Tennessee$29,846$48,03615%$6,577
University of Texas at Austin$26,502$53,37622%$2,227
University of Texas at Dallas$29,286$53,12835%$13,975
University of Tulsa$59,725$59,72588%$21,860
University of Utah$24,472$44,46554%$7,276
University of Vermont$33,774$58,01441%$14,650
University of Virginia$33,404$64,3056%$4,361
University of Washington$27,948$53,3299%$6,000
University of Wisconsin$26,025$52,27512%$4,365
Ursinus College$68,122$68,12238%$23,169
Vanderbilt University$70,194$70,19434%$23,629
Vassar College$73,300$73,3000%$0
Villanova University$70,728$70,72811%$16,710
Virginia Tech$26,764$44,44830%$4,027
Wabash College$56,000$56,00038%$28,340
Wake Forest University$73,254$73,25426%$20,377
Warren Wilson College$51,100$51,10041%$9,661
Washington & Jefferson College$62,340$62,34097%$22,234
Washington and Lee University$70,500$70,50017%$51,874
Washington State University$25,936$40,36253%$4,069
Washington University$74,361$74,36112%$11,182
Wellesley College$72,639$72,6390%$0
Wentworth Institute of Technology$53,390$53,39065%$10,446
Wesleyan University$72,639$72,6391%$52,774
West Chester University of Pennsylvania$26,726$37,96418%$4,212
Westmont College$62,600$62,60039%$18,779
Wheaton College (IL)$49,300$49,30043%$8,995
Wheaton College (MA)$68,050$68,05028%$21,402
Whitman College$67,138$67,13843%$11,859
Whittier College$64,856$64,85628%$22,517
Williams College$73,200$73,2000%$0
Wittenberg University$52,856$52,85617%$22,667
Wofford College$60,223$60,22348%$17,949
Worcester Polytechnic Institute$67,504$67,50450%$12,797
Xavier University$54,310$54,31041%$17,937
Yale University$73,820$73,8200%$0
Yeshiva University$63,578$63,578$20,426
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