How Financial Aid is Determined

Demonstrated Financial Need

Financial aid at Scripps College is awarded on the basis of 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. Your actual cost of attendance may vary.

Please note that the estimated cost of attendance changes each academic year. Normally, the Board of Trustees will establish the rate of tuition and fees and room and board for the upcoming academic year in their March meeting. 

Estimated 2023-2024 costs for full-time, degree-seeking, residential students (on-campus or off-campus and not with parents):

Tuition $63,216
Student Body Fee $218
Housing and Food* $21,330
Books and Supplies $800
Personal Expenses $1,500
Transportation** $500 – $1,500
Total Costs $87,564 – $88,564

*The allowance for food reflects the cost of the optional 19-meal plan that with flex dollars covers the cost of 3-meals per day.  Financial aid will not be changed if you choose a plan with fewer meals or waive out of the meal plan entirely.
**The transportation allowance vary by student based on the geographic location of their permanent residence.

The Claremont College Student Health Insurance Plan (SHIP) is not included total above, but may be added to your cost of attendance upon your request.  For the 2022-2023 academic year, the SHIP premium was $2,868.
Average federal student loan fees will be added to the cost of attendance for financial aid for those students who borrow federal student loans.

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 Profile forms, along with parent and student tax returns and supporting documentation. Scripps College uses both Federal Methodology(FM) and Institutional Methodology(IM) to determine your EFC.

Federal Methodology (FM) is the formula used to determine eligibility for the Federal Pell Grant, Federal Direct Loans, Federal Work-Study, and state scholarship programs such as the Cal Grant.  The federal Estimated Family Contribution (EFC) is determined from the data provided on the Free Application for Federal Student Aid (FAFSA) and verified using data from federal tax returns and other supplemental documents. FM excludes some forms of income and expenses, and eliminates some assets from consideration, when calculating the EFC.

Institutional Methodology (IM) is a formula developed by the College Board used by over 400 colleges and universities in awarding institutional financial aid. Institutional Methodology includes several forms of income, asset, and expense elements not considered under Federal Methodology. We believe that this method of need analysis most accurately determines a family’s ability to pay for college.

Estimated Family Contributions may be made up from a custodial parent contribution, a noncustodial parent contribution, and a student contribution.

Parent Contributions (custodial parents and noncustodial parents)

The following items are considered:

  • family size
  • number of dependent children enrolled at least half-time in undergraduate degree programs
  • parents’ income (including all forms of taxed and non-taxed income) and assets (including home equity, business equity, but not retirement accounts)
  • 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 as allowances for emergencies and educational savings. Part of the remaining income and assets is considered to be available for current college expenses.

If a student’s biological or adoptive parents are divorced from each other, but either have remarried, they should be sure to include stepparent information on the FAFSA and/or CSS Profile applications.

Student Contributions

In addition to a parent contribution, each student’s personal income and assets are considered in determining a student contribution toward educational expenses. The minimum student contribution from income of $1,700 each year for books, travel, and/or personal expenses and a portion of personal savings or assets. The expectation is that the student will earn this amount in the summer preceding their the academic year. Alternatively, students and their families may cover this amount with outside scholarships, savings, parental assistance, and/or other financing options if they choose to.


Net Price Calculator

Use our interactive Net Price Calculator for an estimate of how much financial aid you may be eligible to receive and what your overall cost to Scripps College could be.

The Net Price Calculator requires more information about your income, taxes, and assets, and gives a more in-depth estimate. The Net Price Calculator is not a financial aid application, but can help you better understand what assistance might be available to you. Click below to access each calculator.

The Financial Aid Award

Once the family’s financial contribution has been determined, Scripps awards a combinations of grants, loans, and work-study to meet the student’s financial need. Outside scholarships may be used to reduce the minimum student contribution from income and self-help awards (i.e., loans and work) before they reduce Scripps College Grants.


Financial Aid for Future Years

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 Financial Contribution (EFC) and the amount of financial aid should remain fairly stable. If a family’s financial circumstances change from year to year (i.e., 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 circumstance during the academic year, the student should contact the Office of Financial Aid for more information.


Special Circumstances in Need Analysis

If your parent(s) owns a business, a farm, a partnership or a corporation, it is important that you provide copies of their business tax returns for each separate entity. Many parents have Sole Proprietorship or LLC which may reported on IRS Schedule C.  Some parents have rental properties that are reported on IRS Schedule E. Farms are often reported on IRS Schedule F. If your parents have an IRS Schedule C, Schedule E, or Schedule F, they should include it when they submit their federal tax returns.

If you parent owns part of a partnership,  an LLC, or a corporation that reports income or losses on page 2 IRS Schedule E, you must also provide a copy of all of their K-1 statement(s). Additional documents such as business tax returns may be requested after review.

Although the business equity from some small businesses are excluded from the federal need analysis, both the business equity and income or losses derived from the business will be considered in the determination of  your estimated family contribution under our institutional methodology.

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. Divorced parents who are remarried should also provide stepparent information on the FAFSA and CSS Profile applications. 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.

The institutional calculation of the Expected Family Contribution takes into consideration the financial burden placed on a family when more than one dependent is attending at least half-time in an undergraduate degree granting program at the same time. For this reason, Scripps will require students to submit a Sibling Enrollment Verification Form each year if your financial aid award has been based upon having two or more students in college. Should your sibling enroll at less than half-time, withdraw, change school type (e.g., private 4-year, public 4-year, public 2-year), or graduate from their undergraduate degree program while you are enrolled at Scripps, your current and future financial aid awards will be recalculated to reflect this change.

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 may adjust slightly with the change in cost of attendance. The CSS Profile is required for international students who wish to be considered for financial aid. International students are also required to submit a professionally translated copy of their and their parents most recent tax documents or statement of earnings, and a Scripps College International Student Financial Form