Loans Eliminated from Need-based Financial Aid Packages

In response to the financial hardship that many families are experiencing because of the pandemic, Grinnell will eliminate student loans in financial aid packages and replace them with scholarships. This no-loan initiative endorsed by the Board of Trustees will be effective in fall 2021 for all new and continuing students eligible for need-based financial aid and is intended to lower the debt burden on students. This initiative builds on Grinnell’s commitment to preserving academic continuity and equal access to education during this time. For more information, see “Less Debt, More Opportunity.”