If you feel that you may need College assistance to supplement your family resources in order to attend Lafayette, you are encouraged to apply for aid. The College spent over $29 million in 2007-2008 for grants and scholarships and has budgeted nearly $33M in financial aid for 2008-2009.

• Lafayette is one of a limited number of independent colleges and universities that guarantee to meet the full demonstrated financial need of all students who apply for admission and financial aid by the appropriate deadlines. In order to provide greater access to qualified students regardless of their ability to pay, the College has joined an even smaller number of leading liberal arts colleges nationally in eliminating or reducing loans in the need-based financial-aid packages awarded to students from families with incomes of up to $100,000.
• Students from families whose incomes are less than $50,000 and whose financial assets are typical of families with this annual income level will have their demonstrated need met in full with a package that includes no loans and a work-study award of $1,500. The remainder of such students’ need will be met with grant assistance. Students from families whose total incomes are between $50,000 and $100,000 and whose financial assets are typical of families with this annual income level will be packaged with loans as part of their need-based award, but these loans will not exceed $2,500 per year ($10,000 over four years).
• These aid policies pertain to both new and returning Lafayette students who are U.S. citizens or permanent residents. It builds upon the College’s commitment to meet the full demonstrated financial need of all students admitted under both early and regular decision who submit the required documents by the specified deadlines.
• The College’s commitment to meet the full demonstrated financial need of students continues through their four years at Lafayette. In order to remain eligible for need-based aid each year, however, the students must maintain satisfactory academic progress, reapply for aid each year by the application deadline, and continue to demonstrate financial need. The level of support is based on the family’s demonstrated need during each of the four years. Each year’s award is based on the annual income and need assessment for that year.

Financial Aid Calculator
Find your estimated need and determine if you are eligible for need-based aid from Lafayette.