How We Determine Financial Aid Eligibility

Demonstrated Financial Need

Financial aid at Scripps College is awarded based on demonstrated financial need, which is the difference between the Costs of Attendance, and the amount your family is expected to pay (your expected family contribution, or EFC). Scripps College meets 100 percent of this demonstrated need for all admitted students who meet all eligibility criteria and established application deadlines.

Cost of Attendance

Educational expenses for the academic year include actual charges for tuition, standard fees, room, board, and an estimated allowance for books and supplies, transportation, and personal expenses, including average fees associated with federal student loans.

Estimated 2017-2018 costs for full-time, degree-seeking, residential students (on-campus or off-campus and not with parents):
Tuition and Fees $52,966
Room & Board $16,294
Books and Supplies $800
Personal Expenses $1,000
Transportation* $50-$1,500
Total Costs $71,110-$72,560

*Transportation cost estimates vary by student based on the geographic location of their permanent residence.

Estimated Family Contribution (EFC)

Scripps College Office of Financial Aid determines the family contribution by carefully reviewing each family’s financial aid applications including the FAFSA and CSS /Financial Aid PROFILE Forms, along with parent and student tax returns and supporting documentation. The following items are considered:

  • family size
  • parents’ income (taxable and nontaxable income)
  • parents’ assets (including home equity, real estate equity, business equity, investment equity, cash and savings, but not the value of retirement accounts)
  • number of children enrolled in undergraduate degree programs
  • extenuating family circumstances (such as illness or loss of employment)

Our need analysis allows for necessary family expenditures such as taxes, reasonable living costs (if you live in a more expensive area we have greater allowances for cost of living), educational savings for siblings and unusual medical expenses.  Our analysis protects a portion of the family’s assets for emergencies and educational savings. Part of the remaining income and assets is considered to be available for current college expenses. In addition to a parent contribution, each student is expected to provide a minimum student contribution from income of $1,700 each year for books and personal expenses and a portion of personal savings or assets.

Students with Divorced or Separated Parents

Financial responsibility for education does not end due to divorce or separation of a student’s parents. Generally, financial information from both parents is used to determine financial need, even if they are divorced or separated. Students whose parents are divorced or separated must have both parents complete their own CSS / Financial Aid Profile application. Under certain limited circumstances, students may appeal to have the PROFILE requirement for the noncustodial parent waived. Additional documentation of the circumstance will be required.

Students with Siblings Enrolled in College

One of the most important factors in determining a parent contribution is your parents’ expected contribution towards the cost of any sibling(s) who plans to attend a post-secondary undergraduate program at least half-time during the academic year while you are enrolled at Scripps. The calculation of the Expected Family Contribution takes into consideration the financial burden placed on a family when more than one sibling is attending college at the same time.  For this reason, Scripps will ask students to submit a Sibling Enrollment Verification Form each year if your financial aid award has been based upon having 2 or more undergraduate students in college.  Siblings enrolled in graduate or professional programs are excluded from our analysis.  Should your sibling withdraw or graduate from an undergraduate program while you are enrolled at Scripps, your financial aid award will be recalculated to reflect this change.

Need-Based Aid for International Students

Financial assistance for international applicants is limited. Financial aid for international students is only awarded at the time of admission. Your aid offer will be renewed each year for up to 8 semesters as long as you enroll full-time and make Satisfactory Academic Progress toward your degree. Financial aid is not re-evaluated for international students. Since your EFC is fixed upon admission, your financial aid award in future years will adjust slightly with the change in cost of attendance. The CSS/Financial Aid PROFILE is required for international students who wish to be considered for financial aid. International students are also required to submit a translated copy of their and their parents’ most recent tax documents or statement of earnings, and an International Student Certification of Finances

The Financial Aid Award

Once the family’s cost of attendance and estimated family contribution have been determined, Scripps awards a combinations of grants, loans and work-study awards to meet the student’s demonstrated financial need.  For eligible students, Federal Work-Study awards are limited to $2,200 per year.  Annual maximum need-based loan amounts in your financial aid award will change based on your year in college. Visit our website for more information on Types of Financial Aid and Annual Loan Limits.  Outside scholarships may be used to reduce the minimum student contribution from income, and then self-help awards (i.e., loans and work) before they reduce Scripps College Grants.

Financial Aid for Future Years

Because a family’s financial resources can vary from year-to-year, students and families must re-apply for financial aid each year. If the family’s financial circumstance remain relatively stable from year-to-year, the Estimated Family Contribution (EFC) should remain fairly stable.  If a family’s financial circumstances change from year-to-year (e.g., changes in income, changes in assets, changes in number of siblings who are undergraduates in college), then the EFC will change.

Families should note that the cost of attendance will change each year.  Historically, this change has been approximately 3 to 4 percent each year. In addition, the maximum annual amount of need-based student loans you will receive in your financial aid award will change each year. We cannot guarantee your financial aid award will not change in future years; however, for families whose financial circumstances do not change year-to-year, the amount of need-based grant aid will generally remain the same or increase slightly.

If a domestic student’s family experiences a change in financial circumstance during the academic year, the student should contact the Office of Financial Aid for more information.

Net Price Calculator

Because each family’s situation is unique, Scripps College will review all applications thoroughly with consideration given to your special circumstances.   The best way to estimate your financial aid award is to use the Scripps College Net Price Calculator.