U.S. News Names CMC Among Most Generous Colleges
for Meeting Full Financial Need

Claremont McKenna College is among the 63 colleges and universities just named by U.S. News & World Report as meeting students' full financial need. The list was whittled down after a survey of more than 1,700 schools that claim to take care of their students' financial needs. Those who made the cut are ranked alphabetically, rather than in order of performance among peers, since all 63 schools report that they meet "100 percent" of need. Read the full story, posted Feb. 18.
Determining just how generous a college will be with any given student starts with a formula-that is, calculating your expected family contribution (or EFC) using information you provide on the Federal Application for Federal Student Aid (FAFSA). The FAFSA, U.S. News reports, takes into account your family's earning power, size, and savings, among other factors. Once that is figured out, your "need" is basically the difference between the cost of attending the school and what your EFC is.
"Claremont McKenna College maintains as one of its top priorities student affordability," says Georgette DeVeres, associate vice president of admission and financial aid. "This commitment is supported by our Board of Trustees and our alumni who have provided very generous support to CMC's financial aid program. We are pleased to be recognized as one of the 63 most generous colleges and universities."
The findings by U.S. News also made headlines with CBS' Money Watch.