Most of our students receive financial aid; and the average Southwestern student receiving financial aid pays around $17,000 per year. That's still a lot of money—college is expensive, after all— but for a world-class liberal arts education at one of the best schools in the country, it's a great value.

Aid packages can include need- and merit-based scholarships, work-study plans, grants, and loans. To read profiles of some of our aid recipients, and learn how assistance helped these families afford a Southwestern education, click here. For a financial aid calculator, which will give you an estimate of what it might cost for you to attend Southwestern, click here.

Southwestern is Affordable

• Southwestern is one of 81 colleges identified by The Princeton Review as being "America's Best Value Colleges." They note that Southwestern is "$10,000 to $15,000 lower than what you would expect for a liberal arts college of its academic caliber."
• More than 80 percent of Southwestern students receive some form of financial assistance from the university.
• 52 percent of Southwestern students get need-based financial aid, averaging almost $18,000 a year.
• Another 32 percent of Southwestern students receive merit scholarships averaging $7,781 a year.

Today's FAQ

• Do I Have To Apply For Financial Aid Every Year?
  Yes, you must reapply for need-based financial aid every year by completing the FAFSA.
• Who Do I Ask About Billing Questions?
  The Business Office mails statements and collects payments. Bills are mailed prior to the start of each semester. If you have questions relating to a source of financial aid (loan, grant, scholarship) contact the Financial Aid Office.