Like the Marquis Awards, the new non-need-based Lafayette Awards help student scholars access a Lafayette education Twitter
Like most private, national liberal arts colleges, the investment is considerable but pays a lifetime of dividends. The Lafayette experience is a joint investment that unites the College with its students and the families who support them.
Lafayette is committed to meet 100% of all students’ demonstrated financial need and recently committed to increase its no-loan threshold and waive a financial aid form for low-income families.
Today, Lafayette announces a new award that further puts the College in reach for many students in search of non-need-based scholarships. Lafayette Awards will be awarded to students who enter the College in the 2022-2023 school year as grant dollars in annual award amounts that range from $5,000 to $30,000. These awards serve as a companion to the longstanding Marquis Awards program (full-tuition fellowships & half-tuition scholarships).
“Aid awards based on students’ financial needs and aid offered through competitive scholarships work hand in hand,” says President Nicole Farmer Hurd. “To make our institution as strong as possible and maintain our high level of student talent, we need both forms of assistance to attract students from our own backyard and around the country.”
“Lafayette is more accessible and, often times, more affordable than many believe it to be,” says Forrest Stuart, assistant vice president for financial aid. “Nearly 70% of Lafayette students benefit from the College’s robust and exceptionally funded financial aid program.”
“While awards that meet 100% of demonstrated need are most common, the College has invested significantly through the Lafayette Awards to make a Lafayette experience even more accessible to many students,” says Gregory MacDonald, vice president for enrollment management.
The easiest and quickest way to estimate the likely cost of attendance is the MyinTuition calculator, which only asks six questions, does not require any tax information, and generally takes less than three minutes to complete.
Lafayette Awards adds dimension to the College’s financial aid approach and creates considerable opportunity to support many more Leopards in the years to come.