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For the 2016–2017 year, CMC awarded a total of $27,021,024 in financial aid. 38.9% of students received need-based financial aid with an average total grant aid package of $42,445, while 5.8% of students received merit aid, with an average award of $15,744.
Claremont McKenna College has raised more than $1 billion, one of the highest hauls ever among liberal arts colleges, and is using the funds to expand its campus size, science programs, faculty ...
However, different types of financial aid have differing effects. Grant awards tend to have a stronger effect on enrollment rates. [72] Changes in tuition and financial aid affect poorer students more than they affect students with higher incomes. [72] In terms of race, changes in financial aid affect black students more than it affects white ...
In the United States, schools with large financial aid budgets—typically private, college-preparatory boarding schools—tend to offer either need-blind admission or a commitment to meet the full demonstrated need of the U.S. citizen students that they admit (as determined by the schools' respective financial aid departments). Certain schools ...
In April, CMC announced it would be laying off 54 employees and cutting others' hours in the face of "unprecedented financial challenges," according to a memo to staff.
HCA — which employs 2,200 people in New Hampshire, not including physicians — has agreed to pay CMC $110 million for the hospital, not including some financial allowances in the final purchase ...