Financial Aid
Bowdoin provides financial aid to more than 40 percent of its students each year, with the average grant approaching $32,000 for members of the incoming first-year class. Beginning with the 2008-2009 academic year, the College began replacing loans with grants for new and current students receiving financial aid.
The Bowdoin Campaign has allowed the College to reaffirm its commitment to need-blind admissions and to take the significant step of eliminating loans from the financial aid packages. Doing so allows the College to attract and retain exceptional students, regardless of family income, and creates a student body of diverse backgrounds and experiences, infusing the campus with energy and varied perspectives and creating a vibrant learning community. Additionally, the “no-loan” policy can allow students to choose professional paths or graduate study they might not if they were burdened with large loans after graduation.
