At Sewanee we understand that an investment in private higher education is a substantial one for most families. Support from alumni and the University's endowment enables us to provide students with scholarships, grants, and other financial aid programs in an attempt to keep cost from being the primary factor in your decision-making process.
In 2018-2019, Sewanee will invest over $33 million of institutional resources to our undergraduate students through academic scholarships, need-based grants, tuition remissions, and institutional employment opportunities. We estimate almost 87% of our undergraduate population will receive institutional, federal, or state gift funding in 2018-2019. In August 2018, 91% of entering freshman will receive gift aid from Sewanee. Their average gift aid was $24,835. 55% of the incoming class is eligible for need-based aid.
Financial aid funds are always limited. To guarantee fairness in awarding institutional funds, Sewanee combines three factors when determining how to allocate institutional need-based aid:
Students wishing to apply for only federal student aid funds must submit the FAFSA. The 2019-2020 FAFSA is now available. Sewanee's school code for FAFSA is 003534.
First-time need-based aid applicants must submit the CSS Profile. The 2019-2020 CSS Profile is now available. Sewanee's school code for the Profile is 1842.
It is important to understand that the responsibility for financing the cost of a higher education must be primarily assumed by students and/or their families to the extent of their ability. To this end, a number of the aid programs administered by the Office of Financial Aid are awarded first and foremost on the basis of calculated need-based eligibility. Need-based awards are considered to supplement, not replace, the family’s obligation in financing the student’s education.