Sewanee was ranked in the 2000 top ten Best Buys for a liberal arts education in US News and World Report . The investment in a private education, however, is still a substantial one for most families. The university has established a number of scholarships, loans, and other programs to insure that cost is not a factor in a student's decision to come to Sewanee. Very few institutions of higher education are committed to do this.
Student loans have low interest rates compared to current consumer loans.
Loan terms include deferment options during graduate school and long-term repayment plans. Optional interest-free payment plans allow families to pay annual costs in ten monthly payments instead of lump sums. Merit-based Scholarships are determined by academic achievement, intellectual promise, leadership ability, and potential for service. The university pays expenses for finalists to visit campus for interviews. Merit-based awards can cover up to full cost.