Financial Aid @ Pomona
Principles of Financial Aid
All financial aid that Pomona College offers is based upon the demonstrated financial need of the student's family based on the College's determination. Pomona will meet 100 percent of every admitted student’s demonstrated financial need for four years (8 semesters) with grant aid and a modest work allotment. Pomona College does not offer any merit scholarships.
Pomona believes that parents have the primary obligation in meeting the costs of undergraduate education. In determining each applicant's eligibility for financial aid, the College assesses a family’s ability to contribute to educational costs. Both parents, whatever their marital or legal status, are expected to help with college costs according to their financial ability.
Who should apply for financial aid?
Any student who needs financial assistance to attend Pomona College should apply for financial aid. One of the first steps you can take to help decide if you will apply for aid is to complete the net price calculator.
Who is eligible to receive financial aid?
All full-time students with demonstrated financial need as determined by the Financial Aid Office are eligible to receive financial aid administered by Pomona College. During the 2011-2012 academic year, 53 percent of the students attending Pomona College received financial aid. The following chart shows the average Pomona College financial aid award grouped by family income.
|Range of Family Income||Average Aid Package|
|$ 0 - 20,000||$ 53,300||
|20,001 - 40,000||51,700||
|40,001 - 60,000||48,100||
|60,001 - 80,000||45,700||
What if my family's income exceeds $160,000?
Students whose family income exceeds $160,000 are encouraged to apply for financial aid if they feel their family resources are inadequate to pay for the cost of attending Pomona College. Families in this income range should use the College’s Net Price Calculator to see how much aid they might qualify for, keeping in mind that the Net Price Calculator provides an estimate of your eligibility for financial aid and is not an official offer of financial aid from Pomona College. In no way does the Net Price Calculator result constitute a guarantee of a financial aid award, nor is completion of the Net Price Calculator an application for financial aid. When using the Net Price Calculator, be sure to use your most recent tax return, W2 forms, and schedules.