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.
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.