Financial Aid

Financial aid programs

Reed’s financial aid program for international students includes institutional funding sources only.

Financial aid may be in the form of Reed grants, loans, and student employment opportunities. All Reed grants are based on need; we offer no merit-based grants or scholarships.

Grants

The primary source of grant assistance at Reed is the college itself. Reed budgeted approximately $27 million in grant funds for the 2017–18 academic year. The average financial aid package (grants, student employment, and loans) for students receiving need-based financial aid is $45,456.

Students who qualify for institutional grant funding, receive an initial financial aid package that includes a Reed grant. The Reed grant fund includes funds from the operating budget as well as income from endowed scholarships and restricted gifts. Over one-fourth of the Reed grant fund comes from need-based endowed scholarships and restricted gifts created by alumni, parents, and friends of the college. Each fall, the financial aid office notifies those students whose Reed grant has been funded by an endowed scholarship or restricted gift. Students may be asked to write thank-you notes to the donors of the scholarships that funded their Reed grants.

Loans

Financial aid packages for international students contain a Reed Loan. The amount of packaged student loan for international first-year students is $4,000; $4,500 for sophomores; $5,000 for juniors; and $5,500 for seniors.

Student employment

On-campus student employment is available for Reed international students. The employment portion of a financial aid award is usually $1,750 per year. Students typically work about 5 to 7 hours per week.