At Loomis Chaffee we are committed to enrolling the most outstanding applicants and creating the best possible educational opportunities for them, regardless of their ability to pay. Operating as a tuition-free school until the late 1960s, Loomis has remained accessible for students from a wide range of socio-economic backgrounds due to our unwavering commitment to financial aid. (See distribution chart)
For the 2019-20 year, Loomis awarded $10.5 million in financial aid to 33 percent of our student body. Financial aid is intended to make the cost of attending Loomis affordable. To that end, aid grants range from $1,000 up to the full cost of tuition, with the average grant covering 78 percent of tuition. We strongly encourage any family who feels they need financial assistance to apply for financial aid.
The school also hosts a financial aid lending library for textbooks and other supplies, which helps to reduce the cost of book purchases for all students on financial aid.