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Swarthmore College Scholarships & Financial Aid
Swarthmore College Financial Aid Overview
Cost of Attendance
Average net price
Average student loan debt
Swarthmore College Cost
Cost of Attendance:
Books & Supplies
Room & Board
Total Sticker Price
The sticker price at Swarthmore is $73,689.00. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of tuition can vary from year to year and you can expect the cost of tuition to rise over your four years in college. With that said, your financial aid will also be recalculated each year which will take into account any tuition increases.
Swarthmore College Net Price
The sticker cost of Swarthmore College is not actually what students will pay. Depending on factors including student and parent finances, the actual cost can be lower. This price that takes into account financial aid is also known as a “net price.”
This net price includes the total cost of attendance including tuition, room, board, and other fees. For students at Swarthmore, the average net price is $20,813.00.
Below, you can see a chart that breaks down the Net Price of Swarthmore by income level. This will give you a sense of how much the cost of an education at Swarthmore can be offset by financial aid and scholarships.
Net Price Paid
$0 - $30,000 family income
$30,001 - $48,000 family income
$48,001 - $75,000 family income
$48,001 - $75,000 family income
$110,000+ family income
If you use the Net Price Calculator, you should know that it only provides an estimate of financial aid. To actually apply for financial aid, you’ll need to submit the FAFSA and any other required financial aid forms to receive their official financial aid award letter. Also, the NPC does not include any outside scholarships that you might earn.
Ultimately, students can treat the Net Price Calculator as a useful gauge to understand what a potential financial aid package could look like.
Swarthmore College Financial Aid
The FAFSA code for Swarthmore is 003370 and the CSS Profile Code is 2821.
It should be noted that while the FAFSA is free, the CSS Profile does require an application fee. However, students can qualify for a CSS Profile application fee waiver if the cost will present a financial hardship for the students’ family.
If you are looking for more information on how to complete the FAFSA or the CSS Profile, we have you covered with these resources:
Pell Grants at Swarthmore College
20%% of students at Swarthmore College receive Pell Grants which are awarded to undergraduate students with demonstrated financial need who don’t have a bachelor’s or professional degree. Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Swarthmore College.
You can learn more about Pell Grant eligibility here.
No Loan Financial Aid Program
Swarthmore College has a generous financial aid program which includes a “no loan” policy. This means that students admitted to Swarthmore will not receive any student loans in their financial aid package. For students, this means that your financial aid package will only include scholarships, grants, and work study.
Swarthmore Questbridge Scholarships
Swarthmore is a member of Questbridge, which is a prestigious scholarship program that supports high-achieving students from low-income backgrounds. Students who are “matched” to Swarthmore College through Questbridge receive a four year, full ride scholarship to the school. If you are interested in learning more about Questbridge, you can check out our Questbridge Scholarship guide.
Swarthmore College Student Debt
Student Loan Stats:
Average student loan debt payment per month
Average student loan debt
Student loan default rate
In addition to scholarships and financial aid, student loans are another way that students can pay for college. However, unlike other types of aid, student loans need to be repaid. This is why it’s so important to know how much student loan debt you are taking out.
13%% percent of Swarthmore College students take out federal student loans. The average student at Swarthmore College takes out $18,000.00 in student loan debt which winds up being a $179.94 payment per month. The important thing to remember about these numbers is that they only include federal student loans and not private student loans.
Parent PLUS loans are another type of student loan that families may use to pay for college. While Parent PLUS Loans are offered by the federal government, they are not included in the above federal student loan metrics because they are not technically taken out by students. The median amount of Parent PLUS loan debt at Swarthmore is $0.00. Between 0% and 10% percent of parents of Swarthmore College students will take out these Parent PLUS Loans.
If you want to learn more about Parent PLUS Loans, you can check out the pros and cons of borrowing them.
Is Swarthmore Worth it?
College is an investment, which is why it’s important to assess the Return on Investment or ROI. By completing the net price calculator, you will have a good sense of how much Swarthmore College will cost you.
The big factors that will determine a good value are outcomes including graduation rate, retention rate, and average earnings upon graduation.
Here’s how Swarthmore stacks up:
$72,637.00 is the median earnings of a graduate of Swarthmore 10 years after graduation.
As you assess whether a school is worth it, the above data points will give you a great starting point.
you can think about how your monthly debt might compare to your expected salary. While the median salary is a useful datapoint, students should keep in mind that salary potential is impacted by your choice of major as well as your chosen career path.
Swarthmore College Financial Aid Resources
If you are looking for more information about financial aid and scholarships at or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
We strive to provide users with the most up-to-date information and source data from publicly available sources including the College Scorecard and directly from the colleges. If you see an error, feel free to contact us at [email protected]