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Financial Aid & Scholarships
Generous support from alumni and the university’s substantial 315 million dollar endowment help Sewanee provide a wide array of merit scholarships and need-based grants. We realize, however, that an investment in private education is still a substantial one for most families. Our scholarship, loan, and other financial aid programs help to ensure that cost is not the primary factor in your decision to come to Sewanee.
Financial Aid Packages
- About 60% of the student body receives some type of aid.
- Financial aid packages consist of a combination of grants, work-study jobs, loans, and scholarships.
- Student loans have low interest rates compared to current consumer loans. Loan terms include deferment options during graduate school and long-term repayment plans.
- An optional interest-free payment plan allow families to pay annual costs in 10 monthly payments.
Scholarships
Sewanee scholarships come from over 200 endowed scholarship funds, annual gifts, remissions of tuition, and additional amounts budgeted from the University’s operating funds. As previously mentioned, many of these scholarships are awarded on the basis of calculated need-based eligibility, and applicants are automatically considered for these scholarships as part of the normal need-based financial aid award process.
In addition to its need-based scholarships, Sewanee will offer a number of merit-based and non-need based scholarships in 2009-2010: Those scholarships which are competitively awarded to incoming student are fully described (as to criteria and amounts) in the publications of Sewanee’s Office of Undergraduate Admission and on Admission's web site. The deadline to apply for merit-based scholarships is December 1.
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