FAQ

Yes. Your family can use the Net Price Calculator to estimate what your cost might be to attend Reed. The Net Price Calculator provides an early estimate of what a new first-year student can expect to pay to attend Reed College. It is not an official application for financial aid and is not a substitute for applying for financial aid.

Reed requires two forms to apply for financial aid. The Free Application for Federal Student Aid (FAFSA) is a federal application, and is required for federal assistance. In addition, the College Board PROFILE is required to determine a student’s need and eligibility for assistance from Reed. More specific instructions for prospective students can be found here.

If you're an international student, view your application requirements here.

If your biological or adoptive parents are separated, divorced or were never married, your custodial parent (the parent with whom you live most of the time) and your stepparent (if applicable) should complete both the CSS Profile and FAFSA. Your other biological parent will also need to complete a separate, non-custodial CSS Profile. Each parent’s ability to pay for college expenses will be evaluated separately when determining your eligibility for Reed’s need-based aid.

We primarily use the College Board CSS Profile because we believe it produces a more refined and accurate assessment of a family’s need and their eligibility for funding from Reed.

The FAFSA (Free Application for Federal Student Aid) Code is 003217. The CSS Profile application code is 4654.

Application deadlines for prospective Early Decision, Early Action, Regular Decision, and Transfer students can be found on our Dates and Deadlines page.

This is required because there are two separate applications for financial aid. First, to qualify for institutional grant aid from Reed you need to complete the CSS Profile. To ensure accurate data is submitted for the CSS Profile, we require copies of student and parent tax returns.

Secondly, to apply and qualify for federal student aid, the FAFSA is required. The FAFSA uses the Financial Aid Direct Data Exchange (FA-DDX) to allow data to be drawn diretly from IRS records and assure accuracy along with validating the FAFSA. 

The tax information needed to determine and verify eligibility for Reed aid encompasses more than just the basic data elements transferred via the Financial Aid Direct Data Exchange. In addition, there may be issues with the transfer of data via the Financial Aid Direct Data Exchange that requires the collection of additional documentation to resolve. 

Reed offers a limited amount of non-negotiable scholarships, eligibility for which is assessed at the time of admission. 

No. Financial aid at Reed is based on financial need, and will not be influenced by assistance offered by another college. However, if the differences in aid awards are due to changes in the family’s financial circumstances that were previously not communicated to Reed, the application may be reviewed again when the additional information is provided.

Yes. You can find instructions on how to reapply for financial aid as a continuing student here.

Reed is committed to being affordable and meeting the full demonstrated financial need of students for all four years of attendance. In most cases, we will attempt to keep aid awards as consistent as possible in subsequent years. However, as significant changes in a family’s finances occur (both positive and negative) an aid offer may also change to reflect those circumstances. Students can also expect their loan amounts to increase in subsequent years along with our cost increase. In most cases, student loan eligibility will increase by about $1,000 in each subsequent year.

If there is a significant change in your family’s financial situation, you may submit a request for reconsideration of your new financial situation. The request must include a written explanation of specific changes that have occurred (dollar amounts, dates, etc.) along with documentation to verify the request. Contact the Financial Aid Office for further information.

Even if you do not qualify for need-based aid, the following may be available to help with financing Reed: Direct Stafford Unsubsidized Loan, Direct Parent Loans for Undergraduate Students (PLUS Loans), and various alternative loans. For more information visit our Financing Options and Loan Information pages.