How do we make an exceptional education affordable?
Navigating the world of financial aid can feel complex, but we’re here to make it clear. This page breaks down the fundamental principles of how financial aid works at WashU.

Start here.
Use our cost calculators to estimate your family’s financial contribution. Once you apply, your financial aid counselor will support you from application through graduation, understanding your unique circumstances. Apply to discover your full aid potential!
Understanding your Expected Family Contribution.
Your Expected Family Contribution (EFC) is the amount your family is expected to contribute toward your WashU costs for one academic year. It is calculated annually, based on your CSS Profile information.
We calculate your EFC by subtracting your financial aid offer and scholarships from the total cost of attendance.
A key difference at WashU: we do not consider home equity when determining financial aid. We are one of the few universities with this policy.
![]() Cost of |
Minus
![]() Financial aid and scholarships |
Equals
![]() Expected Family Contribution |
How we personalize need-based financial aid
To understand your family’s financial circumstances, we take a personalized, student- and family-focused approach.
Parent contribution
We consider your parents’ income, assets, family size, and the number of siblings in college.
Student contribution
Most students contribute from their savings and summer earnings. Generally, 20% of student assets are expected each year.

How we build no-loan financial aid offers
We meet 100% of demonstrated financial need for all admitted students.
Once your eligibility for financial aid is determined, we’ll provide you with a financial aid offer. Offers range up to the full cost of attendance, and are made up of the following types of aid.
Grants
Grants don’t have to be repaid. They are offered by the federal and state governments, as well as private institutions.
Scholarships
Scholarships don’t have to be repaid. Some scholarships are based on academic and other achievements, rather than financial need.
Federal Work-Study
This program allows students to earn money at federally funded part-time jobs on campus.

Everyone’s financial situation is unique, and we’re here to help you put the pieces of the puzzle together. Completing a cost calculator will give you a starting point, and once you apply, we’ll work with you to make WashU affordable.
Jennifer PowellAssistant Director of Student Financial Services
Additional options for families
Though not included in our offer, some families wish to take advantage of federal student or parent loans to help finance the cost of college, including the parent or student contribution. Our office can help you review your loan options and availability.
Aid renewal
Students are generally eligible to receive financial aid for eight semesters. For combined-degree programs, aid will be extended beyond eight semesters. Generally, financial aid offers will remain the same or increase slightly from one year to the next.