Reed Graduation Rate

[vonlost]

<p>Here is an excerpt of what President Diver said this year, after the endowment drop:

Reed’s financial aid policy has been, and continues to be, based on three firmly held principles:</p>

<ol>
<li>We award financial aid solely on the basis of financial need. Unlike many of our peers, we do not award “merit aid.”</li>
<li>We meet 100 percent of the demonstrated financial aid need for all admitted students. Unlike many of our peers, we do not practice “gapping” (i.e., awarding less than 100 percent of need as a way to stretch financial aid dollars).</li>
<li>We guarantee that we will meet 100 percent of the demonstrated financial aid need of all continuing students by re-evaluating financial aid packages on an annual basis.

[Letter</a> from the President of Reed College](<a href=“http://www.reed.edu/president/email/june09_email_web.html]Letter”>http://www.reed.edu/president/email/june09_email_web.html)</li>
</ol>