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Dartmouth continues to be committed to ensuring that students from all
socioeconomic backgrounds have access to higher education. Through a series of
enhancements to our financial aid programs, first begun in 1999, Dartmouth now
offers its students and their families one of the most comprehensive financial
aid packages in the Ivy League. This year, 48% of the Class of 2011 will be
receiving need-based scholarships from Dartmouth, totaling over $16 million,
with the average scholarship of $30,341. The charts below provide important
context for these figures and we encourage you to share them with your students
and their families. As you can see from chart 1, information on loan levels for
members of the Class of 2011, our first-year students from families with
incomes less than $30,000 have financial aid packages comprised of need-based
scholarships, with no loans included in their packages for all four of their
undergraduate years. Students from families with incomes under $45,000 have no
loan in their first year and greatly reduced loan levels in subsequent years.
This important enhancement not only ensures that families can afford to send
their students to Dartmouth but that students experiences while at Dartmouth,
including their choice of major and ability to participate in off-campus study
opportunities are not comprised by financial circumstances. Dartmouth’s
comprehensive financial aid programs meet the needs of families from a wide
variety of economic circumstances (see below). Our web-based parent
contribution calculator, located at www.dartmouth.edu/apply/financialaid/calculator
will help families estimate the amount they will need to contribute towards the
cost of attending Dartmouth. We encourage you and your family to use this tool
and to contact us at 603/646-2451 or financial.aid@dartmouth.edu if you have
additional questions or would like further information.
Chart 1: Class of 2011: Projected Loan
Levels
Family Income
|
Year 1
|
Year 2 |
Year 3 |
Year 4 |
Total |
| $0- $29,999 |
$0 |
$0 |
$0 |
$0 |
$0 |
| $30,000- $44,999 |
$0 |
$500 |
$1,000 |
$1,500 |
$3,000 |
| $45,000- $59,999 |
$1,625 |
$2,125 |
$2,625 |
$3,125 |
$9,500 |
| $60,000- $74,999 |
$2,625 |
$3,125 |
$3,625 |
$4,125 |
$13,500 |
| $75,000 and above |
$3,625 |
$4,125 |
$4,625 |
$5,125 |
$17,500 |
Chart 2: Financial Aid by Parent Income Level for
the
Class of 2010*
Parent Total
Income |
Matriculants
with Need |
Average Need-
Based Scholarship
|
| $0- $14,999 |
13 |
$39,297 |
| $15,000- $29,999 |
47 |
$40,855 |
| $30,000- $44,999 |
38 |
$37,484 |
| $45,000- $59,999 |
50 |
$35,796 |
| $60,000- $74,999 |
63 |
$32,452 |
| $75,000- $89,999 |
47 |
$27,944 |
| $90,000- $104,999 |
59 |
$26,124 |
| $105,000 and above |
126 |
$16,690 |
| All |
443 |
$28,379 |
Note: The charts above should not be construed as a “formula” for awarding
aid, but rather as a reflection of the family income levels of students awarded
aid in the Class of 2010. Other equally important factors in determining aid
eligibility are parent and student assets, household assets, and the number of
dependent children enrolled in post-secondary education.
*This chart highlights only those matriculants who are U.S. citizens.
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