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.

Reed College student in bookstore

Reed uses a standardized need-analysis formula to arrive at a family’s expected contribution. Reed has partnered with the College Board to offer a Net Price Calculator—a tool that will allow 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 of your eligibility for financial aid at Reed. The formula is based on data from financial aid packages awarded 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 are in no way a guarantee that, if accepted, you'll receive a set amount of funding in your first year or in subsequent years. However, the calculator will give you a starting place to begin thinking and talking about the cost of attendance.

Tuition & Fees

2021-22 Cost of Attendance
$62,420 tuition (direct cost)
$310 fees (direct cost)
$15,640 on-campus room and board (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
  • $47,008 Average financial aid package

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). For information about the CSS PROFILE, visit the College Board's website. Students who submit a letter of financial hardship from their school counselor to the financial aid office may also receive a waiver for the cost of the PROFILE.

Permanent US Resident Students: If you are a permanent resident of the United States, you must submit a photocopy of your Permanent Resident Card (I-551) with your admission application. 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 Award

A Reed financial aid award 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 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 15 November 15 December 20 January 15

March 1


File the FAFSA November 15 November 15 December 20 January 15

March 1


File Student and Parent Federal Tax Forms, W-2s and Verification Worksheet November 22 November 22 December 27 January 22

March 8