Scholarships and grants represent money that does not need to be repaid and account for 78% of all financial aid packages. The average Hamilton scholarship for 2011-12 academic year is $30,200.
Hamilton Endowed Scholarships account for roughly 43% of the $29.8 million scholarship budget, representing gifts from alumni and friends of the college.
Federal Pell Grants are given to students whose federally-defined expected family contribution is less than $4,995. 14.2% of Hamilton students are Pell Grant recipients.
A student must report outside awards to the Financial Aid Office, which will first replace work-study and the loan portion of a student's financial aid package before it will affect the Hamilton College Scholarship.