Student Loans for Dartmouth Students

About Dartmouth

student loansA member of the Ivy League, Dartmouth is one of the oldest and most prestigious institutions in the country. Founded in 1769 and located in the picturesque small town of Hanover, New Hampshire, Dartmouth is home to about 4,200 undergraduates and an extremely vibrant academic tradition. You most likely know that it’s a great school, so we won’t keep harping on its high academic ranking instead, we’ll talk about its extraordinarily high sticker price and the financial aid program that helps students afford a Dartmouth education.

Tuition, fees, room and board, and all of the other costs that get baked into the total cost of attendance at a college total over $59,000 per year at Dartmouth. That, you might say, is crazy. Fortunately, few students and families actually wind up paying that total figure each year, as Dartmouth has a strong financial aid program. Much like other Ivy League institutions, Dartmouth has adopted a program that sets an income threshold for students and families. What does that mean? If a student’s family has a net come of under $100,000 per year, that student will receive a financial aid package consisting of a grant or scholarship covering their entire cost of tuition, and will not need to take out a loan. For students and families above this income threshold who qualify for aid, 86% of the average aid package comes in the form of scholarships/grants, with the remaining 14% coming in the form of loans.

Student Loans: Another Option

financial aid26% of students at Dartmouth have federal student loans, and 17% of students have private student loans. What does that mean? Well, though the aid program at Dartmouth is really robust, it doesn’t always cover the complete financial needs of every student receiving funds. If you’re in a position where you need additional funding to supplement your aid package from Dartmouth, you should first follow the 26% and pursue federal student aid. Federal student loans are easily secured, and have much lower interest rates and more favorable borrowing terms than private student loans. If for some reason you exhaust your federal aid options and still need funding for your Dartmouth education, you should consider private student loans. Choosing a private student loan can be tricky, as you want to find the lowest-cost, best loan for you — and you can do this right on our site. We have a Student Loan Comparison Tool that lets you search for and compare student loans based on a variety of characteristics; once you find the loan that seems best for you, you can apply for it directly. If you need additional funding for Dartmouth, check it out today.

Pay for Dartmouth*

Total Avg. Cost $55,386
Tuition $40,437
Room & Board $11,838
Financial Aid Information
Students Receiving Fin Aid 66%
Typical Grant Amounts
State/Local $541
Federal $6,746
%Receiving Loans 48%
Avg. Other Stud. Loans $3,253
%Receiving Other Loans 36%

Get into Dartmouth

Admission Rate 13%
Total Enrollment 6,141
Men 49%
Women 51%
Graduation Rate 95%
Application Fee $75

Contact Dartmouth

Address
7 Lebanon Street, #305
Hanover, NH 03755-3529(603) 646-1110
Financial Aid Office URL
http://www.dartmouth.edu/~finaid/
Admissions Office URL
http://www.dartmouth.edu/admissions/

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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