In the United States, private colleges and universities are among the most prestigious higher education institutions, offering high quality education and opportunities to students. However, for all the opportunity and quality brought to the table, they bring something else a bit more troublesome.

While it is true that private universities are renowned for their high quality learning environments, they are perhaps better known for their cost of tuition. To put it bluntly, they are expensive. They are much more expensive than the average public university or college.

Despite this, private colleges are still great opportunities to aspiring college students who want to obtain a degree. A high-quality degree from a private institution can be instrumental to a graduate looking for employment, and it could considerably increase his or her chances of getting hired.

With that being said, students need to be able to pay for tuition for this to happen, so they rely on financial aid (private loans, scholarships, and federal loans) to get the job done. This becomes especially important for upperclassmen who have already committed to the first half of a pricey education.

On that note, The Student Loan Report decided to highlight which college’s student bodies were receiving the most need-based financial aid on average.

Note: Not all colleges can be seen right now. Click on the arrow at the bottom of the table to see the rest!

Private Colleges Where Upperclassmen Receive the Most Financial Aid

RankSchoolStatePublic/PrivateNB Fin Aid JuniorsNB Fin Aid SeniorsAvg. Financial Aid
1 Southern California Institute of Architecture CA Private 80000 55000 67,500
2 Webb Institute NY Private 48415 51300 49,858
3 Amherst College MA Private 48555 50964 49,760
4 Harvard University MA Private 47553 47611 47,582
5 Duke University NC Private 47588 46659 47,124
6 Stanford University CA Private 46836 45200 46,018
7 Brown University RI Private 45339 45094 45,217
8 Pomona College CA Private 44460 44706 44,583
9 Swarthmore College PA Private 46067 43054 44,561
10 Bard College NY Private 46081 41251 43,666
11 Vassar College NY Private 43211 42233 42,722
12 Bowdoin College ME Private 42527 41347 41,937
13 Vanderbilt University TN Private 41385 41792 41,589
14 Wesleyan University CT Private 43444 39332 41,388
15 Hamilton College NY Private 42912 39709 41,311
16 Massachusetts Institute of Technology MA Private 42541 39798 41,170
17 Barnard College NY Private 41339 39702 40,521
18 Franklin W. Olin College of Engineering MA Private 42562 38024 40,293
19 Tufts University MA Private 39512 40130 39,821
20 California Institute of Technology CA Private 40995 38556 39,776
21 The Colorado College CO Private 39930 39010 39,470
22 University of Richmond VA Private 41370 37160 39,265
23 Occidental College CA Private 39326 38114 38,720
24 University of Rochester NY Private 39063 37416 38,240
25 Cornell University NY Private 38875 36885 37,880
26 Georgetown University DC Private 39137 36338 37,738
27 Washington University in St. Louis MO Private 37990 36802 37,396
28 Bennington College VT Private 41020 33569 37,295
29 Harvey Mudd College CA Private 36189 38276 37,233
30 Pepperdine University CA Private 35474 38972 37,223
31 University of Notre Dame IN Private 36748 36509 36,629
32 Brandeis University MA Private 37626 34696 36,161
33 Kenyon College OH Private 36538 35279 35,909
34 Lehigh University PA Private 35823 34327 35,075
35 Tulane University LA Private 34740 33327 34,034
36 Dickinson College PA Private 34455 32301 33,378
37 Rensselaer Polytechnic Institute NY Private 33119 33119 33,119
38 St. John's College NM Private 35339 30384 32,862
39 Boston University MA Private 33705 31329 32,517
40 Rollins College FL Private 32262 32663 32,463
41 Carnegie Mellon University PA Private 32593 31578 32,086
42 Carleton College MN Private 32178 31511 31,845
43 College of the Atlantic ME Private 32908 30299 31,604
44 Gettysburg College PA Private 33755 29298 31,527
45 Mills College CA Private 31476 31167 31,322
46 Wheaton College MA Private 32419 29119 30,769
47 Lewis & Clark College OR Private 32167 29332 30,750
48 Sarah Lawrence College NY Private 26909 33806 30,358
49 Hendrix College AR Private 29947 30714 30,331
50 Clarkson University NY Private 30397 29380 29,889
51 Syracuse University NY Private 30477 29212 29,845
52 Seattle Pacific University WA Private 29991 29610 29,801
53 Allegheny College PA Private 30360 27427 28,894
54 Villanova University PA Private 28937 28662 28,800
55 Mount Holyoke College MA Private 28355 28737 28,546
56 The College of Wooster OH Private 29500 27452 28,476
57 St. Olaf College MN Private 29800 26957 28,379
58 Santa Clara University CA Private 28228 28497 28,363
59 Susquehanna University PA Private 28730 27671 28,201
60 The Juilliard School NY Private 27561 27981 27,771
61 Stetson University FL Private 27841 26913 27,377
62 Wells College NY Private 28613 26011 27,312
63 Sewanee: The University of the South TN Private 26941 27644 27,293
64 College of Saint Benedict MN Private 27538 26892 27,215
65 Centre College KY Private 27320 26604 26,962
66 Saint Mary's College IN Private 27318 26495 26,907
67 Bentley University MA Private 27421 26131 26,776
68 Case Western Reserve University OH Private 27850 25323 26,587
69 Principia College IL Private 26586 26455 26,521
70 University of San Diego CA Private 27514 24522 26,018
71 Elmira College NY Private 26941 24850 25,896
72 Whitworth University WA Private 26496 25056 25,776
73 Florida Institute of Technology FL Private 27665 23754 25,710
74 Ithaca College NY Private 25715 25459 25,587
75 La Salle University PA Private 26269 24701 25,485
76 Cornell College IA Private 25014 25897 25,456
77 California College of the Arts CA Private 26773 23823 25,298
78 Monmouth College IL Private 27280 23284 25,282
79 Manhattanville College NY Private 25133 25005 25,069
80 Simmons College MA Private 24074 25962 25,018
81 Widener University PA Private 25810 23890 24,850
82 Southwestern University TX Private 26609 22986 24,798
83 Hood College MD Private 26065 23488 24,777
84 Bridgewater College VA Private 25119 24371 24,745
85 Hobart and William Smith Colleges NY Private 25031 24324 24,678
86 Seattle University WA Private 25290 23600 24,445
87 Rose-Hulman Institute of Technology IN Private 24511 24310 24,411
88 Bucknell University PA Private 24325 24244 24,285
89 Centenary College of Louisiana LA Private 24252 24252 24,252
90 Fairfield University CT Private 24457 24044 24,251
91 Transylvania University KY Private 24062 24359 24,211
92 Houghton College NY Private 24624 23559 24,092
93 Simpson College IA Private 24209 23782 23,996
94 Saint Martin's University WA Private 23906 23521 23,714
95 California Lutheran University CA Private 24220 22920 23,570
96 Wartburg College IA Private 24862 22250 23,556
97 Emory & Henry College VA Private 24762 22305 23,534
98 Milwaukee School of Engineering WI Private 23842 22869 23,356
99 Eckerd College FL Private 23533 23171 23,352
100 Presbyterian College SC Private 23433 22928 23,181
101 University of Puget Sound WA Private 23815 22531 23,173
102 Saint Anselm College NH Private 22895 23397 23,146
103 San Francisco Conservatory of Music CA Private 25500 20537 23,019
104 Northland College WI Private 24121 21690 22,906
105 Alma College MI Private 24276 21119 22,698
106 Berry College GA Private 23038 21991 22,515
107 Hamline University MN Private 23482 21109 22,296
108 Mercer University GA Private 21612 22404 22,008
109 Wabash College IN Private 23314 20670 21,992
110 Cleveland Institute of Art OH Private 20591 23365 21,978
111 Iowa Wesleyan University IA Private 22931 20780 21,856
112 Assumption College MA Private 22011 21540 21,776
113 Quinnipiac University CT Private 21864 21349 21,607
114 Virginia Wesleyan University VA Private 22796 20405 21,601
115 Young Harris College GA Private 21215 21899 21,557
116 Lasell College MA Private 23019 19929 21,474
117 Dominican University of California CA Private 23340 19392 21,366
118 Baylor University TX Private 22276 20208 21,242
119 University of Evansville IN Private 23263 19149 21,206
120 Creighton University NE Private 22106 20137 21,122
121 Bay Path University MA Private 21651 19962 20,807
122 Worcester Polytechnic Institute MA Private 22240 19333 20,787
123 Hanover College IN Private 21644 19899 20,772
124 Lyon College AR Private 19843 21678 20,761
125 Le Moyne College NY Private 21303 20180 20,742
126 Illinois College IL Private 22233 19205 20,719
127 Loyola Marymount University CA Private 20470 20815 20,643
128 Lebanon Valley College PA Private 21536 19534 20,535
129 Saint Louis University MO Private 21233 19338 20,286
130 Olivet Nazarene University IL Private 21049 19152 20,101
131 New England Conservatory of Music MA Private 19044 21035 20,040
132 Chatham University PA Private 21402 18672 20,037
133 Wheaton College IL Private 20877 19076 19,977
134 Delaware Valley University PA Private 20404 19489 19,947
135 Lindsey Wilson College KY Private 21823 18060 19,942
136 Morehouse College GA Private 19861 19755 19,808
137 Milligan College TN Private 20188 19072 19,630
138 The King's College NY Private 19725 19415 19,570
139 Drury University MO Private 20149 18893 19,521
140 University of St. Thomas MN Private 21327 17697 19,512
141 Mount St. Mary's University MD Private 19860 19120 19,490
142 Heidelberg University OH Private 19315 19644 19,480
143 Morningside College IA Private 19929 18864 19,397
144 St. Edward's University TX Private 20582 18194 19,388
145 DeSales University PA Private 19232 19359 19,296
146 University of St. Thomas TX Private 19862 18704 19,283
147 Thiel College PA Private 19932 18584 19,258
148 Loyola University Chicago IL Private 19816 18317 19,067
149 Emerson College MA Private 17726 20215 18,971
150 Loras College IA Private 19090 18573 18,832
151 Saint Mary's University of Minnesota MN Private 19986 17441 18,714
152 Marymount California University CA Private 20439 16740 18,590
153 University of San Francisco CA Private 19166 17759 18,463
154 Marietta College OH Private 18919 17872 18,396
155 Hope College MI Private 19360 17402 18,381
156 Hofstra University NY Private 18950 17390 18,170
157 Ursuline College OH Private 18384 17937 18,161
158 Baldwin Wallace University OH Private 18594 17428 18,011
159 Carson-Newman University TN Private 19678 16284 17,981
160 Marquette University WI Private 18853 16958 17,906
161 Sacred Heart University CT Private 16668 18705 17,687
162 Grand View University IA Private 17665 17665 17,665
163 Mount Mercy University IA Private 17789 17498 17,644
164 Augustana University SD Private 17998 17199 17,599
165 George Fox University OR Private 17881 17124 17,503
166 Goucher College MD Private 18850 16103 17,477
167 University of Pikeville KY Private 18456 16479 17,468
168 Taylor University IN Private 18120 16562 17,341
169 Bluffton University OH Private 17891 16675 17,283
170 Culver-Stockton College MO Private 18275 16097 17,186
171 Oklahoma City University OK Private 18858 15381 17,120
172 Rocky Mountain College MT Private 17410 16755 17,083
173 Curry College MA Private 18849 15255 17,052
174 Northwest Christian University OR Private 16990 16944 16,967
175 Geneva College PA Private 16912 17016 16,964
176 Niagara University NY Private 17243 16628 16,936
177 Texas Christian University TX Private 17811 15834 16,823
178 Mount Ida College MA Private 18408 15193 16,801
179 Messiah College PA Private 16879 16641 16,760
180 Duquesne University PA Private 17313 15933 16,623
181 Mount Mary University WI Private 17962 15245 16,604
182 Caldwell University NJ Private 17949 14958 16,454
183 St. John Fisher College NY Private 17192 15620 16,406
184 Christian Brothers University TN Private 17128 15596 16,362
185 Benedictine College KS Private 16761 15717 16,239
186 William Jessup University CA Private 17744 14680 16,212
187 Regis University CO Private 17244 15176 16,210
188 Jacksonville University FL Private 17214 14692 15,953
189 Otterbein University OH Private 16770 15098 15,934
190 Eastern University PA Private 17989 13744 15,867
191 Saint Leo University FL Private 15859 15839 15,849
192 Friends University KS Private 15813 15416 15,615
193 Tiffin University OH Private 14796 16237 15,517
194 Thomas More College KY Private 15171 15463 15,317
195 McMurry University TX Private 16125 14193 15,159
196 Monmouth University NJ Private 15582 14413 14,998
197 Claflin University SC Private 11812 18158 14,985
198 Cornerstone University MI Private 15613 14206 14,910
199 Thomas College ME Private 15261 14485 14,873
200 Houston Baptist University TX Private 15970 13712 14,841
201 King University TN Private 16385 13215 14,800
202 Concordia University Irvine CA Private 15440 14000 14,720
203 California Institute of the Arts CA Private 14500 14750 14,625
204 Trinity Christian College IL Private 15814 13389 14,602
205 Calvin College MI Private 15210 13812 14,511
206 Piedmont College GA Private 15836 13110 14,473
207 King's College PA Private 14804 13616 14,210
208 Ave Maria University FL Private 15110 13208 14,159
209 Northwest Nazarene University ID Private 14444 13734 14,089
210 Roger Williams University RI Private 14127 14038 14,083
211 Nova Southeastern University FL Private 14758 13087 13,923
212 Maryville University of Saint Louis MO Private 13955 13824 13,890
213 Savannah College of Art and Design GA Private 13922 13797 13,860
214 Stevenson University MD Private 14065 13005 13,535
215 Truett McConnell University GA Private 14148 12639 13,394
216 Aurora University IL Private 13779 12755 13,267
217 New England College NH Private 13280 13206 13,243
218 Oklahoma Wesleyan University OK Private 13436 12812 13,124
219 University of St. Francis IL Private 13984 11880 12,932
220 Holy Family University PA Private 14248 11545 12,897
221 St. Mary's University TX Private 13091 12383 12,737
222 Carroll University WI Private 13451 11685 12,568
223 Alvernia University PA Private 13901 10937 12,419
224 Elmhurst College IL Private 12630 11942 12,286
225 The University of Tampa FL Private 12344 11981 12,163
226 Thomas Aquinas College CA Private 12053 12110 12,082
227 O'More College of Design TN Private 13860 10022 11,941
228 Gardner-Webb University NC Private 11781 11152 11,467
229 St. Joseph's College, New York NY Private 11400 11424 11,412
230 Endicott College MA Private 10922 11860 11,391
231 University of Valley Forge PA Private 10972 11780 11,376
232 Suffolk University MA Private 8714 13964 11,339
233 Eureka College IL Private 12136 10478 11,307
234 University of Jamestown ND Private 12241 10172 11,207
235 Whittier College CA Private 11809 10463 11,136
236 Daemen College NY Private 10999 11156 11,078
237 California Baptist University CA Private 10367 11775 11,071
238 Albertus Magnus College CT Private 11373 10460 10,917
239 University of Portland OR Private 9762 11812 10,787
240 Wheeling Jesuit University WV Private 11092 10272 10,682
241 Manhattan College NY Private 11295 10024 10,660
242 Molloy College NY Private 11965 9094 10,530
243 Belhaven University MS Private 11000 10000 10,500
244 Augustana College IL Private 10556 10417 10,487
245 Bluefield College VA Private 11562 9374 10,468
246 Bethune-Cookman University FL Private 10804 10100 10,452
247 Lancaster Bible College PA Private 12494 8333 10,414
248 Columbia International University SC Private 11580 9035 10,308
249 Dakota Wesleyan University SD Private 8594 11977 10,286
250 Simpson University CA Private 10707 9858 10,283
MUST READ:
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Methodology

All data was derived from Peterson’s Financial Aid dataset pertaining to the academic year of 2015 – 2016. All data is self-reported by colleges to Peterson who runs an annual survey. Two pieces of data were used in this report: average need-based financial aid awarded to Junior undergraduates and Senior undergraduates.

Need-based aid refers to any need-based student loan, grant, or scholarship (federal, state, institutional, or private). Originally, the data was split between Junior and Senior upperclassmen; therefore, the overall average need-based financial aid awarded to upperclassmen was determined by averaging the Junior and Senior averages together. After the overall average for each school was found, they were sorted from highest to lowest to see which schools’ student bodies received the most financial aid. The top 250 schools were included in this report.

©2017