Editing Swarthmore College (section)

== Endowment and tuition fees ==
As a [[need-blind]] school, Swarthmore makes admission decisions and financial aid decisions independently.<ref>{{cite web |title=Applying Is Affordable |url=https://www.swarthmore.edu/admissions-aid/applying-affordable |publisher=Swarthmore College |access-date=4 May 2023 |language=en |date=26 October 2016}}</ref> The cost of tuition, student activity fees, room and board for the 2024–25 academic year was $85,802 (tuition fees were $65,058).<ref name=":3">{{cite web |date=July 8, 2014 |title=Tuition, Room, and Board Fees :: Student Accounts Office :: Swarthmore College |url=https://www.swarthmore.edu/student-accounts-office/tuition-housing-and-food-fees |url-status=live |archive-url=https://web.archive.org/web/20170803161924/http://www.swarthmore.edu/student-accounts-office/tuition-room-and-board-fees |archive-date=August 3, 2017 |access-date=August 4, 2017 |website=www.swarthmore.edu}}</ref> The college meets 100% of admitted student demonstrated need without use of student loans, an important distinction from the many schools that meet 100% of demonstrated need, but only through loans (which must be repaid) rather than institutional grant- and scholarship-based funding (which does not require repayment). Financial aid is accessed by 56% of the student body, and the average financial aid award was $50,361 during the 2017–18 year.<ref name="facts"/>

Swarthmore has the eleventh largest endowment per undergraduate in the country.<ref name="Swarthmore by the Numbers"/> Operating revenue for the 2016 fiscal year was $148,086,000, over 50% of which was provided by the endowment.<ref name="facts"/> Swarthmore ended a $230 million capital campaign on October 6, 2006, when President [[Alfred Bloom|Bloom]] declared the project completed, three months ahead of schedule. The campaign, christened the "Meaning of Swarthmore", had been underway officially since the fall of 2001. Out of the college's alumni, 87% participated in the effort. Swarthmore's endowment at the end of the 2019 fiscal year was $2.13 billion. Endowment per student was $1,370,157 for the same year, one of the highest rates in the country.<ref name=endowment>As of June 30, 2021 {{cite report |url=https://www.swarthmore.edu/finance-and-investment-office |title=Finance and Investment Office, Swarthmore College |access-date=January 11, 2022 |date= |archive-date=January 12, 2022 |archive-url=https://web.archive.org/web/20220112011420/https://www.swarthmore.edu/finance-and-investment-office |url-status=live }}</ref>

At the end of 2007, the Swarthmore Board of Managers approved the decision for the college to eliminate student loans from all financial aid packages. Instead, additional aid scholarships are granted.<ref>{{cite web|url=http://www.swarthmore.edu/x16525.xml|title=Swarthmore College :: Financial Aid :: More about Swarthmore's Expanded Financial Aid Program|date=December 8, 2007|publisher=Swarthmore.edu|access-date=December 1, 2011|archive-url=https://web.archive.org/web/20120313223321/http://www.swarthmore.edu/x16525.xml|archive-date=March 13, 2012|url-status=dead}}</ref>