Financial Aid Statistics

• More than $29 million in Reed-funded grants was awarded to Reed students in 2019-2020.
• For Class of 2023 students who demonstrated need, the average financial aid award was $45,748.
• Fifty-five percent of the Class of 2023 received need-based grants, which do not need to be repaid. Average Reed grant: $42,096.
• To provide maximum need-based aid for all students, Reed does not offer merit-based scholarships.
• The average loan debt for the graduating class of 2019 was $25,657.