For incoming college freshman, the summer leading up to your first year of college is a time filled with excitement and anticipation.

In a few short weeks, you will be going off to college, settling in on campus, and starting a new chapter of your life! The time we spend at college is a time to expand upon our interests and passions, meet totally new friends, and discover things about ourselves and the world that we never knew before. 

Sounds great, doesn't it? But, the privilege that comes with being a college student comes at a price, a very hefty price.  College, for all of its unquantifiable benefits, ain't cheap. For many undergraduate freshman, this will be the first time in their life that they will have to be responsible for affording something. 

Fortunately for them, the U.S. education system is more than willing to help cash-strapped freshman afford their dream of graduating from college. 

Whether it be federal student loans, education grants, or scholarships, freshman undergraduates are given plenty of access to financial aid. While much of it will have to be paid back upon graduation, financial aid provides the imperative lifeline to many freshman college students eager to learn and broaden their horizons.

But, which schools are known for giving the average freshman student the most financial aid? Using Peterson's Financial Aid dataset, The Student Loan Report has ranked the 250 U.S. private colleges that distribute the most financial aid to the average freshman. Often times, private institutions will be more expensive than bigger, public schools, making financial aid all the more important.

Without further ado, please read on to find the 250 private colleges and universities that give freshman attendees the most financial aid on average. 

Top 250 Private Colleges for Freshman Financial Aid


The data for this report comes from Peterson's Financial Aid dataset. These statistics pertain to the academic year of 2015 - 2016. The data used from Peterson's dataset are self-reported by the colleges themselves. 

Each school in this report was ranked highest to lowest based on the financial aid awarded to freshman attending private colleges.