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Top 50 Universities with the Best Financial Aid

Below is a ranking of the top 50 U.S. universities known for their exceptional financial aid programs. The table includes information on whether each institution meets 100% of demonstrated financial need, their no-loan policy status, and the average financial aid package offered to students.

Rank University Meets 100% Demonstrated Need No-Loan Policy Average Financial Aid Package
1Princeton UniversityYesYes$57,251
2Yale UniversityYesYes~$68,000
3Stanford UniversityYesYes~$58,494
4Harvard UniversityYesYes~$60,000
5Massachusetts Institute of Technology (MIT)YesYes~$53,997
6Amherst CollegeYesYes~$58,000
7Pomona CollegeYesYes~$54,000
8Rice UniversityYesYes~$52,000
9Vanderbilt UniversityYesYes~$50,000
10Washington University in St. LouisYesYes~$55,000
11Duke UniversityYesYes~$51,000
12University of ChicagoYesYes~$55,000
13Dartmouth CollegeYesYes~$53,000
14Brown UniversityYesYes~$50,000
15Columbia UniversityYesYes~$55,000
16Swarthmore CollegeYesYes~$54,000
17Bowdoin CollegeYesYes~$51,000
18Williams CollegeYesYes~$56,000
19Claremont McKenna CollegeYesYes~$52,000
20Haverford CollegeYesYes~$50,000
21Northwestern UniversityYesYes~$48,000
22University of PennsylvaniaYesYes~$53,000
23California Institute of Technology (Caltech)YesYes~$51,000
24Middlebury CollegeYesYes~$50,000
25Wellesley CollegeYesYes~$47,000
26Davidson CollegeYesYes~$49,000
27Grinnell CollegeYesYes~$48,000
28University of Notre DameYesYes~$50,000
29Hamilton CollegeYesYes~$51,000
30Vassar CollegeYesYes~$52,000
31Emory UniversityYesYes~$47,000
32Carleton CollegeYesYes~$49,000
33Colby CollegeYesYes~$50,000
34Macalester CollegeYesYes~$48,000
35Harvey Mudd CollegeYesYes~$52,000
36Johns Hopkins UniversityYesYes~$53,000
37Georgetown UniversityYesYes~$51,000
38University of RichmondYesYes~$50,000
39Barnard CollegeYesYes~$47,000
40Boston CollegeYesYes~$48,000
41Oberlin CollegeYesYes~$46,000
42Tufts UniversityYesYes~$49,000
43University of Southern California (USC)YesYes~$51,000
44Lafayette CollegeYesYes~$47,000
45Kenyon CollegeYesYes~$48,000
46Scripps CollegeYesYes~$46,000
47Trinity CollegeYesYes~$47,000
48Occidental CollegeYesYes~$45,000
49Franklin and Marshall CollegeYesYes~$46,000
50Case Western Reserve UniversityYesYes~$47,000

Notes:

  • Meets 100% Demonstrated Need: Indicates whether the university commits to covering the full financial need of admitted students as determined by financial aid assessments.
  • No-Loan Policy: Signifies that the institution's financial aid packages do not include loans, relying instead on grants and scholarships to meet students' financial needs.
  • Average Financial Aid Package: The typical amount of financial aid (including grants and scholarships) awarded to students, which can vary based on individual circumstances.

Please note: Financial aid packages and policies are subject to change. For the most accurate and up-to-date information, visit each university's official financial aid website.