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					                                                                                                                                                                                                                                                  CMC
                                                   5. Student Employment                                                                                                         When will I receive my financial aid award


                                                                                                                                                                                                                                                                   Claremont
Freshman Financial Aid Statistics                                                                                   Admission and Financial Aid Staff
                                                   At CMC, earnings from work are expected to help pay                                                                           notification?
Claremont McKenna College students come            for your education during the year. This is classified           Richard C. Vos                                               All new students must adhere to the published deadlines
from very diverse backgrounds. Consequently,       under the heading of “self-help’’ by most universities           Vice President and Dean of Admission and Financial Aid       (See When and How do I apply?). If you submit your


                                                                                                                                                                                                                                                                   mCKenna
the institution provides financial assistance to   and colleges.                                                                                                                 financial aid application materials on time, you will receive
                                                                                                                    Georgette R. DeVeres
students who come from a variety of income         Federal Work-Study (FWS) enables students to                     Associate Vice President for Admission and Financial Aid     a financial aid notification within a few days of your
backgrounds. This includes students who have       earn part of their financial aid award through part-time                                                                      admission letter in early April.
                                                                                                                    Abby Parsons


                                                                                                                                                                                                                                                                   College
very limited resources as well as students who     employment. FWS is a federally-funded program that               Senior Associate Director of Financial Aid
have substantially more resources, but still       provides an opportunity to gain work experience while
                                                                                                                    Germaine Graham                                              If I am an early decision candidate, when will
need assistance to meet the educational costs.     attending CMC.
                                                                                                                    Associate Director of Financial Aid                          I receive my financial aid package?
Hence, family income ranges vary for students
                                                   CMC Student Employment is funded by the College                                                                               If you submit your application material on time, you will
who qualify for need-based financial aid.                                                                           Catherine M. Mayfield
                                                   and is available to all students regardless of financial need.   Financial Aid Office Advisor & Work-Study Coordinator        receive a “preliminary” financial aid award soon after you
YEAR                                    2009-10                                                                                                                                  receive a letter of admission (See When and How do I
Total # Students Offered College Grants      290                                                                    Victoria A. Romero
                                                   How do I pay my college bill?                                    Director of Admission                                        apply?). If you are admitted as an early decision candidate,                      C L A R E M O N T,     C A L I F O R N I A
Average Parental Contribution            $18,700
Average Need                             $35,098   The college bill for the 2009-10 year is approximately                                                                        you will not be required to make your admission decision
                                                                                                                    Jennifer Sandoval                                            until you have received and reviewed your financial aid
                                                   $51,035. This is the amount due without financial aid.           Associate Dean of Admission
Applicant Profile 2009-10                                                                                                                                                        package. However, it is important that you subsequently
                                                   OPTION I—Payment in Full                                         Adam Miller
 FAMILY INCOME STUDENTS PACKAGE RANGES                                                                                                                                           provide accurate and official information as soon as
                                                   • Payment by August 20, 2009 for the fall semester.              Assistant Dean of Admission
$0-$5,999             3       $36,384 - $51,384                                                                                                                                  possible to finalize your award.
                                                   • Payment by January 20, 2010 for the spring semester.
$6,000-$11,999        5       $42,984 - $51,384                                                                     Matthew Burris
                                                   • A 1% late fee will be charged on all delinquent accounts.
$12,000-$17,999       9       $15,886 - $53,884                                                                     Admission Counselor                                          Is my financial aid renewable?
$18,000-$23,999       4       $46,534 - $52,828    OPTION II - Monthly Payment Plan
$24,000-$29,999       11      $46,075 - $51,534
                                                                                                                    Brandon Gonzalez                                             Students must re-apply for financial aid each year. Changes
                                                   • There are four monthly payments for each semester.             Admission Counselor
$30,000-$34,999       7       $33,501 - $52,079                                                                                                                                  to the cost of attendance as well as changes in your family’s
                                                   • There is a $100.00 per-semester service charge for
$35,000-$39,999       13      $42,203 - $52,384                                                                     Evan Rutter                                                  financial circumstances can affect your eligibility each year.
$40,000-$44,999       5       $45,925 - $52,384
                                                     this plan.
                                                                                                                    Admission Counselor                                          Whenever possible, CMC strives to maintain student award
$45,000-$49,999       7       $29,322 - $53,884    • The first installment is due on or before August 20, 2009.
                                                                                                                                                                                 levels from year to year while working within federal, state,
$50,000-$54,999       14       $8,700 - $51,039    • An installment is due every month. The Fall semester
$55,000-$59,999       5       $14,274 - $49,604                                                                                                                                  and institutional policies and regulations.
                                                     due dates are: Aug. 20, Sept. 20, Oct. 20, Nov. 20, 2009.
$60,000-$64,999       5       $47,694 - $52,354    • The Spring due dates are: Jan. 20, Feb. 20, March 20,
$65,000-$69,999       7       $27,297 - $48,249                                                                                                                                  Is financial aid available for transfer students?
$70,000-$74,999       8       $23,392 - $48,857
                                                     April 20, 2010.
$75,000-$79,999       12       $9,500 - $52,384    • A 1% late fee will be charged on all delinquent accounts                                                                    Yes, see When and How do I apply?
$80,000-$84,999       7       $25,830 - $45,717
$85,000-$89,999       8       $19,948 - $46,152                                                                                                                                  Whom should I contact if I have more
                                                   How are outside scholarships handled?
$90,000-$99,999       11      $31,311 - $46,615                                                                                                                                  questions?
$100,000-$109,999     26      $13,034 - $46,408    Grant funds will be adjusted if the amount of the outside
$110,000-$119,999     6       $19,209 - $40,823                                                                                                                                  Please feel free to contact any of our admission and financial
                                                   scholarship(s) plus the CMC financial aid award exceeds
$120,000-$129,999     18      $17,684 - $39,466                                                                                                                                  aid staff.
                                                   demonstrated financial need.
$130,000-$139,999     14       $3,553 - $39,234                                                                                                                                  • finaid@claremontmckenna.edu
$140,000-$149,999     9       $14,994 - $44,664                                                                                                                                  • admission@claremontmckenna.edu
$150,000-$159,999     12      $12,790 - $36,593    What is the average financial aid package?
$160,000-$169,999     8        $7,000 - $29,482    Claremont McKenna College students come from very
$170,000-$179,999     18       $8,566 - $34,754
                                                   diverse backgrounds. Consequently, CMC provides
$180,000-$189,999     6        $8,804 - $19,987
$190,000-$199,999     6        $7,000 - $38,614    financial assistance to students who come from a variety
$200,000-$229,999     8        $6,458 - $40,275    of income situations as it may pertain to household size,
$230,000-$249,999     2        $4,629 - $8,200     number of siblings enrolled in college and sometimes

                                                                                                                                                                                                                                                   a guide to
$250,000 + ABOVE      16       $6,692 - $38,275    other unique circumstances. This includes students who                                                                                                                                                                Office of Admission and Financial Aid
Please note that the above average package         have very limited resources as well as students who have
                                                                                                                                                                                                                                                                                  500 E. Ninth Street
                                                   substantially more resources but still need assistance to
                                                                                                                                                                                                                                                   FinanCial aid
figures are reflective of our financial aid re-
cipients as a group. Institutional aid eligibil-   meet educational costs. Hence, family income ranges vary                                                                                                                                                               Claremont, California 91711-6425
ity will vary depending on size of household,      for students who qualify for need-based financial aid                                                                                                                                                                            (909) 621-8356
number in college, and family assets.
                                                   (See Freshman Financial Aid Statistics).
                                                                                                                                                                               6700-07-09                                                          2010–2011                finaid@claremontmckenna.edu
                                              Is CMC “Need-Blind”?                                                                                                FEB.     You may submit copies of your 2008 tax docu-                                                      How do you determine my student
Claremont McKenna College (CMC) is            Yes, our admission policy is “need-blind,” based solely on                                                                   ments directly to the Financial Aid Office if 2009      Loans                                     contribution?
committed to meeting the full need of         your academic record, personal achievements, talent, and                                                                     are not available. However, you must still submit                                                 Your family contribution includes a contribution from you
                                                                                                                                                                                                                                   Non-need based loans, such
all admitted students. This information       potential as a CMC student. Your family’s financial situation is                                                             copies of your and your parent(s) 2009 income
                                                                                                                                                                                                                                   as Unsubsidized Stafford loans or         the student. The student contribution is determined by the
is designed to help you learn how you         not considered and has no bearing on your admission decision.                                                                tax return to IDOC as soon as possible or no later
                                                                                                                                                                           than March 1 to complete the evaluation of your         PlUS loans, are still available to        greater of:
can meet the expense at CMC.                                                                                                                                                                                                       families who qualify for them.
                                              What does it cost to attend CMC?                                                                                             final award.                                                                                          A minimum of $1,650–$2,250 (according to grade level)
                                              The direct costs for the 2009-2010 academic year are:                                                                                                                                loans may be an option for families            or
CMC coordinates a comprehensive                                                                                                                                   MAR.     Transfer applicants must submit their completed
                                                     Tuition                                       38,275                                                                  PROFILE financial aid application to CSS and their      needing to fulfill the family contribu-       50% of your total income (minus standard allowances)
financial aid program consisting of                                                                                                                                                                                                tion portion of the cost of education,
scholarships, grants, loans, and term-
                                                     Fees (Student Body)                              235                                                                  FAFSA to the federal processor by Mar. 1.                                                         Parent Contribution + Student Contribution = Family Contribution
                                                     Room (double)                                  6,470                                                                                                                          but the student financial aid package
time employment. These are made                                                                                                                                   MAY      Reply date for admitted freshmen is May 1.
                                                     Board (16-meal, $160-flex plan)                6,055                                                                                                                          will include only grant and gift aid.
possible through funding from state                                                                                                                               JUNE     Reply date for admitted transfers is June 1.                                                      What type of financing can I receive based
                                                     Comprehensive Fee                            $51,035                                                                                                                          Federal Stafford Loans
and federal programs, CMC resources,                 Estimated Personal Expenses (includes books)   2,000
                                                                                                                                                                                                                                                                             on my financial need?
and various other sources.                                                                                                                                                                                                         (subsidized and unsubsidized) are
                                                     Total Student Cost at CMC                    $53,035                                                         NOTE TO EARLY DECISION CANDIDATES: You must reg-                                                           1. College Scholarships and Grants
                                                                                                                                                                                                                                   loans made available by banks,
                                                                                                                                                                  ister and submit your CSS PROFILE application as follows:                                                  Claremont McKenna College Scholarships and Grants
All candidates admitted to CMC                How can I afford CMC?                                                                                                                                                                credit unions, savings and loan
                                                                                                                                                                                           EARly DECISION I EARly DECISION II      associations, or other lenders.           are derived from gifts and endowments given to CMC by
(freshmen and transfers) who have             CMC’s substantial endowment allows the College to be need-                                                                                                                                                                     individuals or organizations for scholarship purposes. Ad-
financial need are awarded 100%               blind, to meet the full need of all eligible students and to be                                                     Complete/Submit to CSS   Dec. 1             Jan. 1               Federal Perkins Loans are offered         ditional applications are not necessary for these funds.
of the financial aid they need.               relatively generous in the ways that need is met.                                                                                                                                    by CMC from funds obtained from
                                                                                                                                                                  Your completed FAFSA should be mailed to the federal             the federal government and from           2. Federal Grants
                                              Does CMC offer academic scholarships?                                                                               processor by Feb. 1.                                                                                       Federal Supplemental Educational Opportunity
A WORD ON NO LOAN                                                                                                                                                                                                                  former CMC students who are in
                                              Although CMC’s financial aid program is primarily need-                                                                                                                              the process of repaying their loans.      Grants (SEOG) are awarded to CMC from the federal
                                                                                                                                                                  IMPORTANT: Be sure to indicate Claremont McKenna
                                              based, we also offer academic scholarships.                                                                                                                                          Eligibility is based on need.             government to aid students with financial need as defined
CMC’s no-packaged-loan policy replaces                                                                                                                            College’s correct code numbers in the appropriate sec-
loans with grants for students who have                                                                                                                                                                                                                                      by federal regulations.
                                              When and How do I apply?                                                                                            tions on both financial aid application forms.                   Federal PLUS Loans are loans
financial need. This policy takes our long-                                                                                                                                                                                        for eligible borrowers. Parents may       Federal Pell Grants are direct grants from the federal
                                              You must complete the Free Application for Federal Student                                                                   CSS PROFILE Registration Form                    4054
standing need-blind admission process a                                                                                                                                                                                            borrow on behalf of their dependent       government to students. This program was designed to
                                              Aid (FAFSA) and the College Scholarship Service (CSS)                                                                        FAFSA                                          001170
step further and reinforces the College’s                                                                                                                                                                                          undergraduate daughter or son             provide a floor upon which other financial aid is built.
                                              PROFILE financial aid application to apply for financial aid.
belief that all qualified students should     WHEN HOW                                                                                                                                                                             enrolled at least half-time at CMC.       3. Grants Awarded by the State of California
be able to attend CMC regardless of           SEPT.      Begin collecting financial aid information from your                                                     How do you determine financial need?                                                                       The California Student Aid Commission (CSAC) awards
                                                                                                                                                                                                                                   Claremont McKenna College
financial circumstances.                                 high school counselor or CMC’s Financial Aid Office.                                                     In order to qualify for financial aid you must show “financial                                             Cal Grants on the basis of academic achievement and
                                                                                                                                                                                                                                   Loans are funds from many sources
                                                         You can register starting Sept. 15 for your CSS                                                          need.”                                                           and are used when necessary to sup-       financial need. CMC requires all students who are
                                                         PROFILE application in order to receive your              CMC Scholarships                                                                                                                                          California residents seeking financial assistance to
                                                                                                                                                                  Determination of Financial Need                                  plement the federal loan programs
                                                         2010–11 customized PROFILE financial aid                                                                                                                                                                            apply for a Cal Grant. To be considered for a Cal Grant,
                                                         application packet. You can register at College                             yEARly                                                                                        for students who do not qualify for
                                                                                                                                                                  COST AT CMC         FAMILY CONTRIBUTION                                                                    you must submit a GPA Verification Form that has been
                                                         Board Online (www.collegeboard.org).                      NAME              NUMBER        AMOUNT                                                                          other educational loan programs.
                                                                                                                                                                                                                                                                             certified by a high school or college official no later than
                                              DEC.       Obtain your Personal Identification Number in             Seaver            5             Full Tuition   Tuition & Fees, The amount that you          yOUR                Alternative Student Loan                  March 2, 2010 to CSAC. Forms may be obtained at your
                                                         order to electronically sign your Free Application for                                                   Room & Board, – and your parents should = FINANCIAl              Programs are loans from lenders           high school or college.
                                                                                                                   Interdisciplinary
                                                         Federal Student Aid (FAFSA) at www.pin.ed.gov. Your                                                      Personal &      be able to contribute        NEED                to help families meet their contribu-
                                                                                                                   Science                                                                                                                                                   Cal Grant A is awarded to needy undergraduate students
                                                         parents or legal guardian completing the FAFSA form                                                      Transportation                                                   tion. Interest rates and fees vary but
                                                                                                                   Scholarship       13            Full Tuition                                                                                                              for use at an approved California college or university. It
                                                         will also need a PIN.                                                                                                                                                     are very competitive.
                                              JAN.       Your customized PROFILE financial aid application         McKenna                                                                                                                                                   is renewable for four years.
                                                                                                                                                                  How do you determine my family
                                                         packet must be returned to CSS by Feb. 1. You need to     Achievement       15            $10,000                                                                                                                   Cal Grant B is awarded to students from economically
                                                                                                                                                                  contribution?
                                                         complete and transmit or mail the FAFSA to the federal    National                        $1,000 &                                                                                                                  disadvantaged backgrounds.
                                                         processor by Feb. 1. You may begin completing your        Merit             Varies        $2,000         In order to qualify for financial aid, your financial need
                                                                                                                                                                                                                                                                             4. Other State Awards
                                                         FAFSA at www.fafsa.ed.gov. (school code 001170)           ROTC              Varies        Varies
                                                                                                                                                                  must be determined through the criteria established by an
                                                                                                                                                                                                                                                                             States such as Pennsylvania, Vermont, and Rhode Island
                                              FEB.       You must submit signed copies of your parent(s)                                                          approved “need analysis” formula. This formula estimates
                                                                                                                                                                                                                                                                             offer grants that can be used to attend CMC. Students are
                                                         and your U.S. income tax return(s) for 2009 to the        Each type of scholarship is awarded            the amount both you and your family should be able to
                                                                                                                                                                                                                                                                             strongly encouraged to explore their eligibility for state
                                                         College Board’s document imaging service IDOC to          yearly. All scholarships are four-year         contribute toward your education, based on information
                                                                                                                                                                                                                                                                             grants.
                                                         begin the evaluation of your financial aid eligibility.   renewable, except for the ROTC                 you report on your CSS PROFILE and FAFSA. CMC uses a
                                                         You can visit the IDOC website at http://idoc.colleg-     Scholarship which is two-, three-,             more in-depth formula to establish family contributions
                                                         eboard.com for more information.                          or four-year renewable.                        for institutional aid eligibility.

				
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