A tool offered by Swarthmore College allows prospective students to estimate their potential cost of attendance. This mechanism uses financial data to project an individual’s expected family contribution and subsequently, the amount of financial aid for which they might be eligible. It serves as a preliminary assessment, offering insight before the formal application process.
The estimation tool’s importance stems from its ability to increase accessibility. It offers a preliminary understanding of college affordability, potentially encouraging qualified students from diverse socioeconomic backgrounds to apply. Historically, such tools have become increasingly common as institutions aim to promote transparency in college financing and address concerns about rising tuition costs.
