Scholarships And Financial Aid At Dartmouth College: What You Need To Know

February 18, 2025 by Meshva Patel

Table of Contents

Dartmouth College is a top Ivy League school. It’s dedicated to giving a great education to students from all walks of life. The college makes sure every student can afford to go there, no matter their family’s money situation.

Dartmouth promises to cover 100% of each student’s financial need for four years. It uses a special formula to figure out how much aid each student needs. This way, every student can get a Dartmouth education, no matter their background.

Key Takeaways

Dartmouth College meets 100% of each student’s demonstrated financial need for their four-year undergraduate education.
The college’s financial aid packages include a combination of scholarships and work opportunities, without the need for student loans.
Dartmouth offers a zero parent contribution policy for families with annual incomes below $125,000, making an Ivy League education accessible to low- and middle-income students.
Dartmouth’s financial aid is based solely on financial need, and does not consider academic merit, artistic talent, or athletic ability.
The college provides various funding opportunities for students to engage in academic activities, including supported trips, research scholarships, and internships.

Understanding Financial Aid at Dartmouth College

Dartmouth College wants to make its top-notch education available to everyone. It has a detailed financial aid program to help. This program makes sure that money doesn’t stop students from applying.

By explaining the financial aid process, Dartmouth helps families understand college costs. This way, they can better plan for their child’s education.

Breaking Down Cost of Attendance

The cost to attend Dartmouth includes direct and indirect expenses. Direct costs are tuition, fees, room, and board. Indirect costs are things like textbooks and personal expenses.

The college works hard to keep costs low. This helps students and their families not feel overwhelmed by expenses.

Family Contribution Components

Dartmouth looks at both parent and student contributions for financial aid. Parents give a part of their income and assets. Students contribute by working in the summer, usually earning $1,000 to $2,500.

Need Calculation Formula

The need calculation is simple: Cost of Attendance – Family Contribution = Need. Dartmouth aims to cover all demonstrated need. It does this with scholarships, grants, and work-study, without loans.

The college’s financial aid has grown, thanks to the Call to Lead campaign in 2022. It raised $540 million. The scholarship bequest from the estate of Barbara and Glenn Britt ’71 Tu’72 is over $150 million, the largest donation ever.

Dartmouth has always focused on making education accessible. It started its need-blind policy for domestic students in 1967. The financial aid program keeps getting better, making Dartmouth education possible for all.

Zero Parent Contribution Policy for Low-Income Families

Dartmouth College offers a special deal for families earning less than $125,000 a year. If their assets match their income, they get a full financial aid package with no help needed from parents. This policy helps students from low-income families get a top-notch education at Dartmouth.

Even though the College pays for everything, students still need to chip in. They can do this by working during the summer or part-time jobs during the school year. They can also use their own savings. But Dartmouth’s aid program covers all the costs, so students don’t have to take out student loans. Loans are there if needed, but the College aims to keep low-income students debt-free.

“Dartmouth College ensures students from families with a total annual income below $125,000 receive financial aid packages with no parent contribution and no loans if assets are typical for this income range.”

Dartmouth’s financial aid shows its dedication to making education available to everyone. By not asking for parent help or student loans, the College lets students concentrate on their studies and personal growth. This way, they can focus on their future without worrying about money.

Endowed Scholarship Opportunities and Donor Connections

Dartmouth College has over 950 endowed scholarship funds. These funds help students financially. They don’t add to the aid but show where it comes from. This makes it easier for students to get the help they need.

Benefits of Donor-Student Relationships

Students and donors form special bonds. These connections can lead to mentorship and job opportunities. It makes the Dartmouth experience more than just about money.

Application Process for Endowed Funds

Getting into endowed scholarship funds at Dartmouth is easy. There’s no extra form for these funds. The College matches students with the right funds based on need and qualifications. Students can choose to keep their info private if they want.

Annual Requirements and Expectations

Students on scholarships have a few yearly tasks. They might answer questions about Dartmouth or write thank-you notes to donors. These actions help keep the donor relationships strong.

“The generosity of our donors is truly transformative, providing life-changing opportunities for our students. These endowed scholarship funds are a testament to the deep commitment of the Dartmouth community to making a world-class education accessible to all.”

Financial Support for Families Above $125,000 Income

Dartmouth College wants to help families with higher incomes. They offer scholarship assistance and financial aid. This is true even if families earn over $125,000 a year.

Dartmouth has raised the “zero parent contribution” threshold to $125,000. Families making under $125,000 will not pay for their student’s education. A $150 million gift from Glenn and Barbara Britt will also help more families.

Dartmouth is committed to making education affordable. They plan to offer need-blind admissions and meet all financial needs. This includes students from any country.

Dartmouth has received $277 million for financial aid. This is part of The Call to Lead campaign. They aim to reduce student loans and help nearly a quarter of undergrads.

“Dartmouth’s commitment to financial accessibility extends beyond its own student body. The institution has also pledged to become the sixth higher education institution offering need-blind admissions and meeting the full financial needs of students, regardless of their citizenship status.”

Families with higher incomes can be sure Dartmouth supports them. They offer scholarship assistance and student loan options. This helps Dartmouth students succeed and graduate without financial stress.

Also Read : What Is the Difference Between Scholarships and Financial Aid?

Conclusion

Dartmouth College makes Ivy League education accessible to students from all backgrounds. The college’s Call to Lead campaign has raised over $3.6 billion. This money goes towards new campus facilities, need-blind admissions, and no student loans for undergrads.

Dartmouth’s financial aid program is designed to help students. It includes no parent contribution for low-income families and a large scholarship program. This allows students to take advantage of the college’s top opportunities.

Dartmouth carefully considers each student’s situation to reduce debt. The Call to Lead campaign ends in 2023, but Dartmouth’s commitment to excellence remains strong. The college supports its diverse student body with dedication.

Dartmouth is a top choice for undergraduate studies because of its commitment to accessibility. It combines financial aid and scholarships to make the Ivy League experience available to everyone. This way, Dartmouth prepares the next generation of leaders and innovators.

FAQs

Q: What types of financial aid are available for students at Dartmouth College?

A: Dartmouth College offers various types of financial aid, including need-based grants, scholarships, loans, and work-study opportunities. This support is designed to help students navigate the costs associated with their education and campus life.

Q: How does Dartmouth’s need-blind admission policy work?

A: Dartmouth College practices a need-blind admission policy for domestic applicants, meaning that financial need does not affect admission decisions. This ensures that all qualified applicants have an equal chance of being admitted, regardless of their financial situation.

Q: Can international students apply for financial aid at Dartmouth?

A: Yes, international students can apply for need-based financial aid at Dartmouth College. However, the financial aid options may differ from those available to domestic students. It’s essential for international applicants to review the specific guidelines and requirements.

Q: What is the average financial aid package at Dartmouth College?

A: The average financial aid package for students at Dartmouth College varies depending on individual need. However, most students receive grants and scholarships that significantly reduce their overall cost of attendance, making it more affordable to pursue their academic goals.

Q: How do I apply for scholarships at Dartmouth College?

A: To apply for scholarships at Dartmouth, you must complete the Free Application for Federal Student Aid (FAFSA) and the College Scholarship Service (CSS) Profile. These applications help determine your financial need and eligibility for various scholarships and grants.

Q: Are there specific scholarships for students pursuing a major in the sciences at Dartmouth?

A: Yes, Dartmouth College offers scholarships specifically for students majoring in various fields, including the sciences. These scholarships may be awarded based on academic merit, financial need, or a combination of both, to encourage students to excel in their chosen disciplines.

Q: How does student life at Dartmouth impact the financial aid experience?

A: Student life at Dartmouth is vibrant and engaging, with numerous activities and organizations. The cost of participating in these activities can be covered by financial aid packages, allowing students to combine their academic pursuits with a fulfilling campus life.

Q: Is there a deadline for financial aid applications at Dartmouth College?

A: Yes, there are specific deadlines for financial aid applications at Dartmouth College. Typically, applicants should submit the FAFSA and CSS Profile by the financial aid deadline, which is usually in the winter months preceding the academic year for which they are applying.

Q: How does Dartmouth College support students during their graduation process?

A: Dartmouth College provides comprehensive support to students throughout their graduation process, including financial aid counseling, career services, and resources to help navigate any financial challenges that may arise during their final terms of study.

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