Financial Aid

Swarthmore Merit Scholarships and Financial Aid

Swarthmore reports almost no merit aid: 1 first-year student without financial need received it.

Merit aid

Scholarships Swarthmore gave to first-year students who had no financial need.

Average merit award

Not reported

Freshmen who got one

1

of 426 in the class

Share of those without need

1%

who received merit aid

Need-based aid

For first-year students the college found to have financial need.

Average need-based grant

$74,043

Average percent of need met

100%

Freshmen with need

56%

240 students

The average total aid package, which can include loans and work-study, was $75,926.

How to read these numbers

  • Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
  • The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
  • A grant does not have to be repaid. A package can include loans, which do.

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Frequently asked questions

Does Swarthmore give merit scholarships?

Swarthmore reports almost no merit aid: 1 first-year student without financial need received it.

Does Swarthmore meet full financial need?

Swarthmore reports meeting 100% of need on average for first-year students who were awarded need-based aid.

What share of Swarthmore freshmen have financial need?

240 of 426 first-time, full-time freshmen, or 56%, were found to have financial need.

Source: Swarthmore’s own Common Data Set 2025-26, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.