Admission & Financial Aid Financial Aid & Costs

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Only a few colleges in the country can say what we can say about financial aid.

Our admission process is need-blind for all students, domestic and international. We admit extraordinary students from around the world, and then we make every effort to ensure that Amherst is affordable for each one of them.

• We meet 100% of our students’ demonstrated need—for domestic and international students.
• We were one of the first colleges in the country to adopt a no-loan policy. We replaced loans with scholarships, so our students can graduate with little or no debt.
• We’ve been providing need-based financial aid since our founding in 1821. Supporting students from all walks of life has always been at the core of who we are.

Students leave Amherst with an extraordinary education, a long list of exceptional accomplishments—and the freedom to build their future without the burden of student loan debt.

This approach makes us distinctive. We’re proud to say it also makes us a leader.

Amherst Within Reach

80% of U.S. households qualify for substantial aid:

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*Families below the 80th percentile of U.S. household income of $141,000  
** Families below the median U.S. household income of $67,500

Cost of attendance (2023–24 Academic Year)

Every number tells a story. The story these numbers tell is: Money need not come between you and an Amherst education. We’re here to help students do their best work—and graduate with a liberating sense of possibility.

• Student fees cover student activities.
• Health insurance may be waived, if a student has other coverage that satisfies Massachusetts insurance requirements.
• Books, course materials, supplies and equipment, personal expenses and travel allowances are estimated out-of-pocket expenses that can vary by student; we take them into account when determining a student’s financial need.
• Optional tuition insurance is billed to all students at $126 per semester and can be waived; it is not covered by financial aid.

Tools & Information

• Quick Pass Application Fee Waiver Are you a QuestBridge candidate, a first-generation student, a student from a family with very limited income, a veteran, or currently serving in the US Armed Forces? Complete our fast-and-easy Quick Pass questionnaire to see if you qualify for our application fee waiver.
• My InTuition Quick Cost Estimator Get an early cost estimate using six basic financial questions. También está disponible en español.
• Financial Aid Calculator Input your family’s financial information to determine what your financial aid award may look like.
• Tuition, Fees & Other Costs See a breakdown of the total cost of attending Amherst.
• Office of Financial Aid  Learn more about Amherst financial aid, outside scholarships and student employment.

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“We can do this, together.”

A conversation with Gail Holt, Dean of Financial Aid

There’s a national conversation about the cost of college. How do you talk with families about the cost of Amherst?

It’s interesting: Families understand the value of Amherst. They see the faculty, the history, the facilities, the alumni, the programs, the students—and they understand that these things have tremendous value, tangible value, in the short term and in the long term. But many families see cost as a mountain they can’t get over. And we’re here to say: Don’t hold back from applying. Don’t count yourself out before you’ve started. We can do this, together.

What does Amherst do? 

We admit students without regard to their financial situation. We meet 100% of an admitted student’s calculated need—and we do so without loans, using only grants and work-study, so it’s possible to graduate from Amherst debt-free. But that’s just part of the story.

What’s the rest of the story?

The rest of the story is the story that each family shares with us. Our approach to financial aid is highly individualized. We take in as much information as possible, and we put together aid offers that speak directly to each family. Plus, we determine need on an annual basis. So if your financial situation changes from one year to the next, we can respond with an appropriate aid offer. The numbers start the story; the family finishes it.

What’s the best advice you can give to a family looking at Amherst?

Let us show you what we can do. When you line up the financial aid offers from the colleges you’ve applied to, you’ll see that we’re exceptionally generous. That doesn’t mean that we won’t ask you to make sacrifices. We extend ourselves for our families—and we ask them to extend themselves in return. Amherst is a shared investment—a world-class, lifelong investment. It’s an extraordinary opportunity. It’s real; it’s possible; you only have to have the courage to begin.