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== Tuition and financial aid == The [[sticker price]] for Grinnell's combined tuition, room, board, and fees for the 2022β2023 academic year is $76,528. Tuition and fees are $61,480 and room and board are $15,048.<ref>{{cite web |title=Cost and Net Price |url=https://www.grinnell.edu/admission/financial-aid/affording-grinnell/cost |website=www.grinnell.edu |publisher=Grinnell College |access-date=21 June 2022 |archive-date=26 April 2022 |archive-url=https://web.archive.org/web/20220426043533/https://www.grinnell.edu/admission/financial-aid/affording-grinnell/cost |url-status=live }}</ref> === Need-blind admissions and full financial aid === Grinnell College is one of a few dozen US colleges that maintain [[need-blind admission]]s and meets the full demonstrated financial need of all U.S. residents who are admitted to the college.<ref name="SandB">Montgomery, David. [http://web.grinnell.edu/sandb/archives/volume_121/number_17/news/article06.html "International student financial aid goes need-sensitive"] {{webarchive|url=https://web.archive.org/web/20081211115243/http://web.grinnell.edu/sandb/archives/volume_121/number_17/news/article06.html|date=2008-12-11}}, ''The Scarlet & Black'', March 4, 2005</ref> Grinnell offers a large amount of need-based and merit-based aid in comparison with peer institutions. Currently (2020β21), 86% of students receive some form of financial aid.<ref>{{Cite web|title=Tuition and Financial Aid {{!}} Grinnell College|url=https://www.grinnell.edu/admission/financial-aid|access-date=2021-06-14|website=www.grinnell.edu|archive-date=2021-05-31|archive-url=https://web.archive.org/web/20210531181259/https://www.grinnell.edu/admission/financial-aid|url-status=live}}</ref> In 2018β2019, 20% of students enrolled at Grinnell College were receiving federal [[Pell Grants]], which are generally reserved for students from low-income families.<ref name="USNWRdiversity">{{Cite web|title=Economic Diversity Among the Top 25 National Liberal Arts Colleges|url=https://www.usnews.com/best-colleges/rankings/national-liberal-arts-colleges/economic-diversity-among-top-ranked-schools|access-date=2021-06-14|website=U.S. News & World Report|archive-date=2021-06-24|archive-url=https://web.archive.org/web/20210624195033/https://www.usnews.com/best-colleges/rankings/national-liberal-arts-colleges/economic-diversity-among-top-ranked-schools|url-status=live}}</ref> The average financial aid package is over $51,770.<ref>{{Cite web|title=Grinnell College {{!}} The College Board|url=https://bigfuture.collegeboard.org/college-university-search/grinnell-college|access-date=2021-06-14|website=bigfuture.collegeboard.org|language=en|archive-date=2021-06-14|archive-url=https://web.archive.org/web/20210614141048/https://bigfuture.collegeboard.org/college-university-search/grinnell-college|url-status=live}}</ref> Grinnell guarantees a $10,000 Grinnell Choice Scholarship renewable for eight semesters to all U.S. citizens and permanent residents admitted under the Early Decision program.<ref>{{Cite web |title=Early Decision Applicants {{!}} Grinnell College |url=https://www.grinnell.edu/admission/apply/first-year/early-decision |access-date=2022-04-23 |website=www.grinnell.edu |archive-date=2022-04-23 |archive-url=https://web.archive.org/web/20220423042019/https://www.grinnell.edu/admission/apply/first-year/early-decision |url-status=live }}</ref> Beginning with the first-year students enrolled in the 2006β2007 school year, Grinnell ended its need-blind admissions policy for international applicants. Under the old policy, students from countries outside the U.S. were admitted without any consideration of their ability to afford four years of study at the college. However, financial aid offers to these students were limited to half the cost of tuition.<ref name=SandB /> International students frequently carried very high workloads in an effort to pay the bills, and their academic performance often suffered.<ref>Leavens, Kennedy. [http://web.grinnell.edu/sandb/archives/volume_119/number_19/news/3.html "Need-sensitivity? Admissions may start looking at international studentsβ bank accounts"] {{webarchive|url=https://web.archive.org/web/20081021095310/http://web.grinnell.edu/sandb/archives/volume_119/number_19/news/3.html |date=2008-10-21 }}, ''The Scarlet & Black'', February 28, 2003.</ref> Under the new "need-sensitive" or "need-aware" policy, international students whose demonstrated financial needs can be met are given a slight admissions edge over applicants who cannot. The twin hopes are that the enrolled international students will be able to dedicate more energy to their schoolwork, and also that this will ultimately allow the college to provide higher tuition grants to international students. === Paid internships === In addition to financial aid, students receive funding from the college for unpaid or underpaid [[Internship|summer internships]] and [[professional development]] (including international conferences and professional attire).<ref>{{Cite web |title=CLS Grants & Funding {{!}} Grinnell College |url=https://www.grinnell.edu/after-grinnell/cls/students/grants-funding |url-status=live |archive-url=https://web.archive.org/web/20180905105215/https://www.grinnell.edu/after-grinnell/cls/students/grants-funding |archive-date=2018-09-05 |access-date=2018-09-05 |website=www.grinnell.edu |language=en}}</ref>
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