For many months, Grinnellians have been actively engaged in a conversation about how to secure Grinnell College’s financial future. At its regular meeting on Saturday, February 23, 2013, the Board of Trustees acted on extensive market research, financial modeling, and feedback from alumni, faculty, staff, students, and other stakeholders.
It approved a continuation of need-blind policies for Grinnell's domestic students and the implementation of concrete objectives that will ensure the College's sustainable commitment to academic excellence and access at Grinnell.
Grinnell students graduate with an average debt of $15,720, the lowest in the state and nearly half that of Iowa's public university graduates. That's despite the college's $50,618 in annual tuition and housing costs — more than twice as high as state institutions. Grinnell students, on average, receive $35,388 in financial aid, and nearly 90 percent of students receive an award.
