Scholarships and Grants

Merit Scholarships

All first-year applicants to Grinnell College are considered for merit scholarships. There is no separate application, but priority consideration for scholarships is given to students who submit their application for admission by December 1.

Grinnell College offers three categories of merit scholarships; each scholarship may be awarded to more than one student:

  • President’s Scholarship: $50,000 per year, for a total of $200,000
  • Dean’s Scholarship: $25,000 per year, for a total of $100,000
  • Founder’s Scholarship: $12,000 per year, for a total of $48,000

Scholarships are awarded on a holistic basis during the admission process, taking into account each student’s academic achievement, extracurricular involvement, demonstrated leadership, and/or special talents. As a result, scholarships are awarded in the same way to students who are admitted in early decision and regular decision. All scholarships are renewed each year for four years of study provided the student maintains a cumulative GPA of at least 2.75.

While scholarships are awarded on the basis of merit, they are considered a resource when determining eligibility for need-based financial aid. For example, if a student has $22,000 of calculated need and receives the Dean's Scholarship for $25,000, this student would not receive need-based aid since the scholarship exceeds the need.

Currently enrolled students and recent alumni may also want to review the list of Scholarships and Fellowships administered by the Center for Careers, Life, and Service—including those for Grinnell-specific awards and for national, merit-based awards.

Note: as a member of the NCAA Division III, Grinnell College does not award financial assistance on the basis of athletic ability.

Scholarships for Iowans

Grinnell College is committed to students like you — bright, curious, open-minded students from our home state. Consequently, Grinnell College awards, at a minimum, a Founder’s Scholarship of $12,000 per year to every newly enrolled student who is an Iowa resident. This reflects our long-standing connection with Iowa and the way Iowa helps to define Grinnell. The most qualified Iowa residents admitted to Grinnell may receive the Dean’s Scholarship or the President’s Scholarship as a replacement for the Founder's Scholarship.

National Merit Scholarship

National Merit finalists may receive a National Merit Scholarship from one of three sources, the National Merit Scholarship Corporation (NMSC), one of their corporate sponsors, or a college or university. If a student has not been selected by another source, Grinnell College can sponsor the scholarship for finalists who list us as their first choice school with the NMSC.

If you have questions regarding National Merit’s deadlines or how to designate a first choice school, please visit their website: or call (847) 866-5100. We recommend that when you pay your admission deposit, you also designate/confirm your first choice school with National Merit.

Grinnell-sponsored National Merit Scholarship:

  • $2,000 per year for eligible students
  • Renewable for 3 years as long as the NMSCs eligibility requirements are met
  • As part of a need-based aid package, student loan or campus employment may be reduced
  • Finalists selected for a non-renewable NMSC-sponsored or corporate-sponsored award will receive a Pioneer Grant in years 2-4 to create a total 4-year award comparable to the Grinnell-sponsored National Merit Scholarship.

Need-based Grants

Federal Pell Grant

  • Eligibility determined by the FAFSA EFC, which may be no greater than $5,328 for 2018-19 awards
  • 2018-19 awards range from $606 to $5,920 annually (contingent on federal funding)
  • Must re-apply annually

Federal Supplemental Educational Opportunity Grants (SEOG)

  • Federally-funded and awarded by the institution to students with exceptional financial need or eligibility for a Federal Pell Grant
  • Ranges from $200 to $4,000 per academic year with limited funding
  • Must re-apply annually

Iowa Tuition Grant

  • State-funded grant for Iowa residents with a FAFSA EFC no greater than $13,500
  • 2017-18 award maximum is $5,650
  • Re-apply annually by the State of Iowa deadline
  • In the event available state funds are insufficient to pay the full amount of each approved grant, the Iowa College Student Aid Commission has the authority to administratively reduce the award.

Grinnell College Harry Hopkins 1912 Grant

An alumnus of Grinnell, Hopkins was one of President Franklin D. Roosevelt's closest advisors and an architect of the New Deal. Hopkins' commitment to social service and social justice and his thoughtful approach to crafting and implementing policy on the most pressing issues, reflect the values of Grinnell College and the potential we see in you.

Hopkins also played an unofficial role in foreign diplomacy during World War II. His contributions exemplify how Grinnellians are deeply engaged with the world. We encourage you to take advantage of the global opportunities Grinnell will present to you.

  • Funded by generous gifts and our endowment
  • Eligibility determined by Grinnell College and based on CSS PROFILE application data
  • Award amounts are based on need and calculated annually. Awards typically do not decrease without significant changes to family circumstances, especially changes to the number of siblings enrolled in college, and may increase if family resources are impacted negatively (e.g., loss of income).
  • Limit of eight semesters of eligibility, pro-rated for transfer students
  • May be replaced with a specific endowed scholarship

Grinnell Grant

  • Eligibility determined by Grinnell College and based on CSS PROFILE application data
  • Eligibility calculated annually - limit of eight semesters of eligibility, pro-rated for transfer students
  • May be replaced with a specific endowed scholarship

The Iowa Access Initiative

  • Graduate from an Iowa high school after Jan. 1, 2018, and be admitted to Grinnell College
  • Submit a completed application for financial aid by the appropriate deadline
  • Have a total annual family income below $75,000 and limited assets*
  • Enroll as a first-time, full-time undergraduate student

*Final eligibility is determined through a comprehensive assessment of family income and assets.

Full program details

Outside Scholarships

Reporting Outside Scholarships & Other Educational Benefits

Outside scholarships and other benefits awarded for higher education expenses are funds with no affiliation to Grinnell College. However, if you receive financial aid from the College and are awarded an outside scholarship or benefit, you must report it to the Office of Financial Aid. In almost all cases, it will not impact grant or scholarship awards. Outside scholarships replace student loan and/or student employment eligibility. Need-based grant funds may be adjusted if the total amount of financial aid, including funds from outside sources, exceed demonstrated need. Financial assistance from all sources can never exceed the total cost of attendance.

Outside scholarships are also regulated by NCAA Division III rules (bylaw

Beware of Scams

Although we do our best to vet the sources, we cannot guarantee the legitimacy of every scholarship. Always use caution when applying for scholarships from an organization unfamiliar to you, and never provide your social security number.

Scam Warning Signs:

  1. Charges a fee
  2. Money-back guarantee
  3. Requires social security number, credit card number, or bank account information

Review Scholarship Scams Tip Sheet, provided by, for additional information. Another trusted and useful site is

Scholarship Search Websites

Scholarship Search websites are popular, and several are listed below. Although we can’t say for certain, the effectiveness of such sites may be minimal. As always, use caution when sharing personal information. It’s worth your time to read their privacy policies.

Additional Resources