Making Sense of Financial Aid
Learn about the differences between various offers of student aid; how to evaluate those offers; and questions to ask before accepting a particular aid package.
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The Myths of Financial Aid
A discussion with the Director and Associate Director of Student Aid at Bowdoin.
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Like most high cost private colleges with whom Bowdoin competes, the typical financial aid award at Bowdoin distributes funding responsibilities among parents, enrolled students and the College. The average calculated parental contribution for the 725 enrolled grant recipients is about $14,500 (28% of a student's total costs at Bowdoin). All grant aid at Bowdoin is awarded on the basis of demonstrated "need," determined by evaluation of the CSS Profile and federal income tax returns.
Like most high cost private colleges with whom Bowdoin competes, the typical financial aid award at Bowdoin distributes funding responsibilities among parents, enrolled students and the College. The average student contribution for an incoming student will be about $4500 (9% of total costs at Bowdoin) and includes a $2300 summer savings expectation, a $1700 campus job offer and a $500 student asset contribution.
Like most high cost private colleges with whom Bowdoin competes, the typical financial aid award at Bowdoin distributes funding responsibilities among parents, enrolled students and the College. The average Bowdoin grant contribution is about $31,000 (63% of total costs at Bowdoin). Grant includes endowment funds, gifts and federal and state funds given to the college for financial aid purposes.