Merit Aid (by Institution)

List compiled using most recent data provided by College Board’s Annual Survey of Colleges and the Integrated Postsecondary Education Data System.

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 students receiving merit aid at each of America’s selective colleges, as well as the average merit award received.

COA = total cost of attendance.

Institution In-state (COA) Out-of-state (COA) % Receiving Merit Aid Average Award
American University $59,888 $59,888 28 $12,218
Amherst College $67,172 $67,172 0 $0
Babson College $65,296 $65,296 12 $24,649
Bard College $66,724 $66,724 2 $20,071
Barnard College $65,261 $65,261 0 $0
Bates College $63,720 $63,720 0 $0
Bentley University $61,005 $61,005 23 $16,917
Boston College $65,620 $65,620 3 $19,222
Boston University $65,906 $65,906 9 $17,409
Bowdoin College $63,440 $63,440 0 $0
Brandeis University $65,804 $65,804 8 $14,049
Brigham Young University-Provo $17,718 $17,718 45 $3,624
Brown University $65,380 $65,380 0 $0
Bryn Mawr College $64,440 $64,440 5 $10,750
Bucknell University $65,268 $65,268 14 $11,668
California Institute of Technology $63,471 $63,471 0 $0
Carleton College $64,420 $64,420 15 $4,773
Carnegie Mellon University $65,895 $65,895 22 $11,804
Case Western Reserve University $61,950 $61,950 52 $22,009
Claremont McKenna College $65,225 $65,225 8 $9,829
Clemson University $27,516 $46,434 39 $7,456
Colby College $63,912 $63,912 2 $500
Colgate University $64,800 $64,800 0 $0
College of the Holy Cross $61,524 $61,524 1 $45,080
College of William and Mary $33,630 $54,774 18 $11,088
Colorado College $63,600 $63,600 29 $10,280
Colorado School of Mines $31,726 $49,201 15 $7,983
Columbia University in the City of New York $65,860 $65,860 0 $0
Connecticut College $64,965 $64,965 0 $0
Cooper Union for the Advancement of Science and Art $58,185 $58,185 98 $39,600
Cornell University $65,495 $65,495 0 $0
Dartmouth College $67,652 $67,652 0 $0
Davidson College $62,894 $62,894 12 $27,020
Denison University $60,410 $60,410 95 $22,114
Dickinson College $65,441 $65,441 18 $9,044
Duke University $67,399 $67,399 16 $13,689
Emerson College $60,230 $60,230 10 $16,191
Emory University $63,058 $63,058 14 $17,796
Fordham University $67,072 $67,072 28 $13,822
Franklin and Marshall College $65,640 $65,640 0 $0
George Washington University $66,310 $66,310 31 $18,307
Georgetown University $67,557 $67,557 0 $0
Georgia Institute of Technology-Main Campus $25,845 $46,032 31 $4,393
Gettysburg College $63,370 $63,370 49 $11,832
Grinnell College $61,098 $61,098 21 $18,473
Hamilton College $65,870 $65,870 0 $0
Harvard University $69,900 $69,900 0 $0
Harvey Mudd College $69,355 $69,355 42 $9,410
Haverford College $65,454 $65,454 0 $0
Hobart William Smith Colleges $64,370 $64,370 28 $13,783
Johns Hopkins University $66,646 $66,646 5 $30,263
Kenyon College $64,390 $64,390 20 $12,884
Lafayette College $61,930 $61,930 16 $25,737
Lehigh University $60,575 $60,575 11 $15,235
Macalester College $61,853 $61,853 11 $12,617
Marist College $50,000 $50,000 56 $7,802
Massachusetts Institute of Technology $63,250 $63,250 0 $0
Middlebury College $63,456 $63,456 0 $0
Mount Holyoke College $58,646 $58,646 17 $17,727
New York University $70,444 $70,444 7 $3,692
Northeastern University $63,330 $63,330 40 $20,784
Northwestern University $68,060 $68,060 5 $2,348
Oberlin College $66,832 $66,832 71 $13,380
Occidental College $67,046 $67,046 14 $10,450
Ohio State University-Main Campus $25,631 $42,959 19 $6,701
Pitzer College $65,880 $65,880 1 $5,000
Pomona College $63,670 $63,670 0 $0
Princeton University $61,850 $61,850 0 $0
Reed College $64,480 $64,480 0 $0
Rensselaer Polytechnic Institute $66,172 $66,172 31 $17,440
Rhodes College $57,714 $57,714 56 $19,113
Rice University $58,283 $58,283 16 $22,748
Santa Clara University $63,666 $63,666 44 $12,975
Scripps College $66,060 $66,060 13 $13,611
Shimer College $49,270 $49,270 52 $2,000
Skidmore College $64,852 $64,852 2 $14,000
Smith College $64,449 $64,449 2 $13,152
Southern Methodist University $67,565 $67,565 55 $19,568
St Olaf College $55,080 $55,080 35 $15,130
Stanford University $65,177 $65,177 0 $0
Stevens Institute of Technology $64,210 $64,210 49 $9,973
Stony Brook University $23,655 $38,735 11 $4,730
SUNY at Binghamton $24,251 $37,371 7 $6,905
SUNY College at Geneseo $24,093 $33,943 22 $3,952
Swarthmore College $63,980 $63,980 1 $45,700
Trinity College $66,420 $66,420 7 $23,591
Tufts University $65,900 $65,900 0 $0
Tulane University of Louisiana $66,518 $66,518 35 $22,660
Union College $64,245 $64,245 29 $9,148
United States Air Force Academy $0 $0 0 $0
University of California-Berkeley $35,365 $60,073 14 $5,596
University of California-Los Angeles $32,289 $55,167 3 $4,017
University of Chicago $66,765 $66,765 29 $8,720
University of Florida $20,661 $42,938 53 $1,717
University of Georgia $22,568 $41,066 10 $2,405
University of Maryland-College Park $24,588 $45,736 14 $6,430
University of Miami $62,487 $62,487 29 $17,507
University of Michigan-Ann Arbor $27,812 $57,432 40 $5,742
University of Minnesota-Twin Cities $26,304 $34,724 16 $5,282
University of North Carolina at Chapel Hill $24,349 $49,431 7 $9,054
University of Notre Dame $64,775 $64,775 30 $14,793
University of Pennsylvania $66,800 $66,800 0 $0
University of Pittsburgh-Pittsburgh Campus $33,484 $44,250 4 $12,286
University of Richmond $61,370 $61,370 22 $33,250
University of Rochester $65,346 $65,346 31 $13,573
University of Southern California $67,212 $67,212 34 $21,460
University of Virginia-Main Campus $28,924 $57,538 11 $8,701
Vanderbilt University $63,532 $63,532 30 $16,325
Vassar College $66,070 $66,070 0 $0
Villanova University $62,773 $62,773 17 $13,589
Wake Forest University $64,478 $64,478 40 $30,763
Washington and Lee University $61,235 $61,235 19 $45,042
Washington University in St Louis $68,728 $68,728 14 $11,455
Wellesley College $64,390 $64,390 0 $0
Wesleyan University $65,443 $65,443 1 $48,282
Williams College $66,240 $66,240 0 $0
Yale University $65,725 $65,725 0 $0

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