Claremont McKenna College admitted its lowest percentage of students on need-based financial aid last spring in more than 12 years. The statistic is part of a broader trend in data published by CMC that indicates the college is decreasing its financial aid coverage and lagging behind its peer institutions in financial aid investment. After four consecutive years of a steadily declining percentage of students receiving need-based financial aid, CMC reported an all-time minimum of 37.6% last year, according to CMC’s Common Data Set. A promotional pamphlet in CMC’s Office of Admissions said 33% of this year’s first-year class received need-based financial aid.
