Financial Aid Statistics

• More than $30 million in Reed-funded grants was awarded to Reed students in 2020-2021.
• For Class of 2024 students who demonstrated need, the average financial aid award was $48,044.
• Fifty-five percent of the Class of 2024 received need-based grants, which do not need to be repaid. Average Reed grant: $44,817.
• 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 2020 was $28,286.