Washington Post Blog: CMC Offers One of 12 Best College Financial Aid Policies

Claremont McKenna College is applauded in a July 11 blog by Washington Post education reporter Daniel de Vise, who wrote up a list of The 12 Best College Financial Aid Policies. In alphabetical order, de Vise’s column gave props to Amherst and Bowdoin colleges, then moved on to CMC and neighboring Pomona College. “These schools,” he writes, “the crown jewels of [The] Claremont Colleges system, phased out loans entirely in 2008.”

The list also included Davidson and Haverford colleges, among others.

It’s not the first time CMC’s been noted for its generous aid. Last year, the Princeton Review and USA Today also named CMC one of the 50 Best Value Private Colleges for 2010, after consideration in three areas: academics, cost of attendance, and financial aid; and CMC was named to The Princeton Review’s 2010 Financial Aid Honor Roll. In 2009, the College earned high marks in a number of Princeton Review’s Best 368 Colleges rankings, including finishing 10th in the category, Students Happy with Financial Aid.

“Claremont McKenna College is dedicated to ensuring that a high-quality liberal arts education is available to all of our admitted students,” says Georgette DeVeres, associate vice president of admission and financial aid. “The College’s highest priorities are providing an exceptional academic experience while supporting our students with a strong financial aid program. It’s a commitment supported by our Board of Trustees and our alumni, who have provided very generous support to CMC’s financial aid program.”

At the time CMC introduced its no-loan policy in 2008, President Pamela Gann also noted that, “By alleviating the burden of student loans, we will attract a larger and more diverse student population and enable our graduates to pursue their dreams based on their passion, rather than the need to repay student loans.”