Answer:

Bryn Mawr College is need-sensitive with respect to admission. 77% of students in the Class of 2020 received some form of financial aid, demonstrating Bryn Mawr’s substantial commitment. Once admissibility is determined, funds are distributed until the financial aid budget has been exhausted. If there are places remaining to be filled in the class, a student’s eligibility for aid may be taken into account.

Answer:

Bryn Mawr College provides a web-based “Net Price Calculator” which will estimate a domestic student's need for financial assistance. A family's tax forms will be needed to answer some basic questions. View the calculator on our website: https://npc.collegeboard.org/student/app/ brynmawr.

Answer:

You must apply for aid from the College as a first-year student to be considered for institutional grant assistance during any of your four years at the College. You may apply and will be considered for Federal aid, including the Federal Direct Loan Program, every year whether or not you applied for institutional aid as a first-year student.

To be considered for aid from the College as a first-year student your response to the Financial Aid Intent question on the Common Application or the Coalition Application must be “Yes.”

Answer:

Bryn Mawr offers both need-based and merit-based assistance. Need-based aid eligibility is the difference between the total cost for a year at Bryn Mawr and the total resources the student and family are able to contribute.

Need-based aid packages may include grants, loans, and employment. A grant does not have to be repaid or earned. Funding for grants is provided by the College through its endowment, alumnae benefactors, operating funds, and federal and state grant programs. An on-campus job, funded by federal and College resources, may help meet approximately $2,000 of need, based on 10 hours of work per week. A portion of need may also be met through low-interest federal loans.

Merit-based aid is awarded by the Admissions Office without regard to financial need. Bryn Mawr offers a limited number of merit-based awards for which all applicants for admission are considered. There is no separate application.

Answer:

Students must submit the FAFSA and CSS Profile, tax and income documentation. Both parent households must submit a CSS Profile if divorced, separated, or never married. Additional information will be required if your family has a business or a trust. Visit our website for up-to-date application instructions and deadlines: www.brynmawr.edu/financial-aid/undergraduate-applicants.

Answer:

Each application is reviewed carefully. Families will complete the FAFSA and the CSS Profile using personal income tax data from two years prior. The factors which have the greatest impact on the family contribution are income and assets, size of family, and the number of children enrolled in undergraduate education.

Answer:

Eligibility for Bryn Mawr Grant assistance is based on demonstrated need determined through an analysis of income, asset and tax information submitted on the CSS Profile, Free Application for Federal Student Aid (FAFSA) and federal income tax returns.  Each student’s eligibility is determined by a thorough review of the family’s financial information. This process uses formulas and guidelines which have been carefully developed and are widely used by most of the country’s leading colleges. With these formulas and guidelines, financial aid counselors determine a family’s ability to absorb college expenses over time.  An “expected contribution” from the family is established.

The student’s own resources are considered along with those of her parents. The student is expected to contribute approximately $2,400 from summer earnings. A portion of the student’s own assets will be considered to be available in each subsequent academic year.

Answer:

Financial aid award notifications are announced simultaneously with admission decisions for students whose financial aid applications are complete by our deadlines. To ensure full aid consideration, please apply on time.

Answer:

Bryn Mawr College offers a monthly payment plan, and parents and students can borrow from the Federal Parent PLUS Loan and the Federal Direct Loan, respectively. Some parents choose to borrow private educational loans. Please visit our website for more information: https://www.brynmawr.edu/financial-aid/aid/loans-private-alternative-loans

Answer:

More than 70% of Bryn Mawr students work on campus and priority is given to students who are awarded need-based employment as part of their financial aid package.

Students work with the Student Employment office for job placement: https://www.brynmawr.edu/humanresources/jobs/student-employment-office

Answer:

There are several very good resources available to you online. Check out FastWeb (www.fastweb.com) and the College Board site (www.collegeboard.org). Local civic organizations, high school guidance counselors, and your parents’ employers may also be good sources.

Answer:

When a student receives additional scholarships from private sources, adjustments are made by modifying the student resource expectation, which includes a summer savings requirement, loans, and academic year employment award. Institutional gift aid will only be reduced when the total of outside scholarships or grant is greater than the student resource expectation.

Note: College policy requires that all federal and state grants, tuition benefits and entitlements replace an equal amount of Bryn Mawr need-based grant.

For more information about the College's Outside Scholarship Policy visit our website: www.brynmawr.edu/financial-aid/policy/outside-scholarship-policy.

Answer:

The College Board grants fee waivers for eligible incoming students from low-income backgrounds. Fee waivers are granted for a maximum of eight colleges or programs. Waivers are granted upon Profile completion. The Admissions Office may award a fee payment code on a limited basis. Contact Admissions: admissions@brynmaw.edu Help is available through the CSS Profile page.

Answer:

The FREE Application for Federal Student Aid (FAFSA) is FREE. You need NEVER pay for help to complete your FAFSA. Help is available through the FAFSA Help Page. Review their FAQ's titled, "Before You Begin," and if you still have questions contact the Office of Financial Aid at Bryn Mawr