Costs & Financial Aid
Reed meets 100 percent of the demonstrated need of all admitted students, international or domestic, for all four years. Scholarships, grants, employment opportunities, and loans are all part of Reed's financial aid program.
Visit Reed's financial aid website
Reed offers two tools for estimating what a Reed education would cost after accounting for financial aid. The Quick Cost Estimator provides a ballpark estimate based on six simple questions.
Use Reed's Quick Cost estimator
For a more detailed estimate of your cost, Reed has partnered with the College Board to offer a Net Price Calculator—a tool that allows you to estimate your college expenses and eligibility for financial aid from Reed.
Use Reed's Net Price Calculator
The Net Price Calculator will give you an idea of your expected family contribution (EFC) and your eligibility for financial aid at Reed. The formula is based on data from financial aid packages offered by Reed last year. To get the most accurate estimate possible, you'll need to have a strong grasp of your family's financial situation.
Calculator findings in no way guarantee that, if accepted, you'll receive a set amount of funding in your first year or in subsequent years. However, both the Net Price Calculator and the Quick Cost Estimator will give you a starting place to begin thinking and talking about the cost of attendance. For more detailed information about how financial aid works, please visit Reed's financial aid website.
Tuition & Fees
| 2023-24 | Cost of Attendance |
| $66,710 | tuition (direct cost) |
| $310 | fees (direct cost) |
| $8,700 | on-campus dorm (direct cost) |
| $8,120 | on-campus board plan A (direct cost) |
| $1,050 | books and supplies (indirect cost) |
| $900 | personal expenses (indirect cost) |
| $250–$2,000 | transportation (indirect cost) |
Applying for Aid
- Over half of Reed students receive need-based aid
(2022–23) - $52,284 Average financial aid package
(2022–23)
Domestic Students: To apply for institutionally funded financial aid from Reed as a domestic student, your family will need to complete the Free Application for Federal Student Aid (FAFSA) and the College Scholarship Service Profile (CSS Profile). If you are only interested in applying for federally funded grants, loans, and work, you need only complete the FAFSA.
Non-US Citizen Students: If you are a non-US citizen and plan to apply for financial aid from the college, you must complete the College Scholarship Service Profile (CSS Profile).
Permanent US Resident Students: Permanent residents who wish to apply for financial aid must follow the application process for domestic students, filing the Free Application for Federal Student Aid (FAFSA) and College Scholarship Service Profile (CSS Profile).
Detailed instructions are available on Reed's financial aid website.
Understanding Your Aid Offer
A Reed financial aid offer often includes the following sources: grants, a loan, and a campus job.
Institutional grants: These do not have to be repaid. They make up the majority of grant assistance at Reed.
Student loans: A student loan may be a federal Direct Subsidized or Unsubsidized Loan, or a Reed Loan.
Campus jobs: Many jobs are available both on campus and off campus for Reed students. Both on- and off-campus opportunities include regular student employment and federal work-study (FWS) employment.
Financial Aid Deadlines
| Early Decision I | Early Action | Early Decision II | Regular Decision | Transfer | |
| File the PROFILE and, if applicable, the Noncustodial PROFILE | November 1 | November 1 | December 20 | January 15 |
March 1
|
| File the FAFSA | See below* | See below* | See below* | January 15 |
March 1
|
| File Student and Parent Federal Tax Forms, W-2s and Verification Worksheet | November 8 | November 8 | December 27 | January 22 |
March 8
|
*Due to significant changes to the FAFSA, the 2024-25 FAFSA will not be available until December 2023. Instead, Reed will estimate your eligibility for federal and state aid programs based on the CSS Profile. The FAFSA will be required—once available—to finalize aid eligibility.