Financial Aid at Colgate
In our changed economic environment, access to higher education will become increasingly difficult for students and their families. Colleges and universities who are able to provide increasing levels of financial assistance to qualified students will thrive while schools less able to allocate additional resources to financial aid may be left behind.
Given this scenario, President Jeffrey Herbst
has designated financial aid as Colgate’s highest priority. The goal is to make a Colgate education accessible to all students who are capable of, and interested in, the intense level of engagement that Colgate offers, regardless of that applicant’s aid status. Within this overarching goal, the institution has identified three specific areas of opportunity that increased funding for financial aid will address: elevating the academic profile of the institution, increasing socio-economic diversity on campus, and strengthening Colgate’s competitive position in the future. This graph highlights the importance of financial aid.
Annual Fund Scholarships support Colgate’s top priority of financial aid by providing grant funding for our financial aid awards and thereby easing the loan burden on our students. It is also important to note that the full amount of an Annual Fund Scholarship supports current students in the fiscal year in which it is given. The scholarship, therefore, is a gift of immediate impact and provides Colgate great flexibility in fulfilling its commitment to meet the demonstrated financial need of deserving students.
Below are a few of the many students who have benefitted from financial aid and generous donors who have supported the program.