Financial Aid Calculators - Phillips Exeter Academy

Am I eligible for financial aid? How much can I expect to receive?

We provide more than $29 million in assistance annually in the form of outright grants. No loans, nothing to pay back. And we assist with supplemental costs like books, laptops and travel.

Under a new initiative starting this year for admission in 2027, Exeter is free for families with annual incomes of less than $150,000. We pick up the cost of tuition, books and academic supplies, and we provide a stipend toward the purchase of a computer. We’re committed to making Exeter affordable for families from a wide range of socioeconomic backgrounds.

We meet 100 percent of our admitted students’ demonstrated financial need.

Below you’ll find two tools to help you get a sense of how much financial aid you might receive. First is the Financial Aid Profiler, a tool to offer a snapshot of similar families who attend Exeter. The second is the Financial Aid Estimator, which uses your family’s individual information to provide a clearer picture of what you can expect for aid.

Average Annual Grants

$57,832

Boarding students

$40,711

Day students

Financial Aid Profiler

This data is based on grants offered to boarding students in the 2025-26 academic year. Find out if you might be eligible for aid:

Gross Income

Family Size

Apply

Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
Families whose gross household income is $150,000 or less attend Exeter for free, receiving $71,797 in financial aid. To qualify for this initiative, families must live and work in the United States, earn W-2 income exclusively, and have assets consistent with their income profile.
We currently have 2 families with this profile who are receiving between $67,000 – $70,200 in financial aid. The average is $68,600.
We currently have 12 families with this profile who are receiving between $42,000 – $71,797 in financial aid. The average is $61,433.
We currently have 13 families with this profile who are receiving between $14,400 – $71,797 in financial aid. The average is $59,169.
We currently have 13 families with this profile who are receiving between $29,800 – $71,797 in financial aid. The average is $64,445.
We currently have 2 families with this profile who are receiving between $59,600 – $71,797 in financial aid. The average is $65,699.
We currently have 1 family with this profile receiving $56,000 in financial aid.
We currently have 6 families with this profile who are receiving between $52,900 – $67,000 in financial aid. The average is $59,467.
We currently have 15 families with this profile who are receiving between $55,000 – $71,797 in financial aid. The average is $64,353.
We currently have 4 families with this profile who are receiving between $33,800 – $71,797 in financial aid. The average is $56,624.
We currently have 1 family with this profile who receive $71,797.
We currently have 1 family with this profile receiving $53,800 in financial aid.
We currently have 9 families with this profile who are receiving between $31,800 – $68,400 in financial aid. The average is $49,322.
We currently have 23 families with this profile who are receiving between $11,100 – $70,100 in financial aid. The average is $57,278.
We currently have 13 families with this profile who are receiving between $53,000 – $71,797 in financial aid. The average is $64,853.
We currently have 4 families with this profile who are receiving between $44,400 – $71,797 in financial aid. The average is $61,074.
We currently have 0 families with this profile receiving $0 in financial aid.
We currently have 8 families with this profile who are receiving between $18,000 – $52,500 in financial aid. The average is $41,913.
We currently have 21 families with this profile who are receiving between $31,300 – $70,400 in financial aid. The average is $48,929.
We currently have 6 families with this profile who are receiving between $30,900 – $58,900 in financial aid. The average is $50,900.
We currently have 0 families with this profile who are receiving between $0 in financial aid.
We currently have 0 families with this profile receiving $0 in financial aid.
We currently have 1 family with this profile who are receive $57,000 in financial aid.
We currently have 16 families with this profile who are receiving between $10,100 – $57,200 in financial aid. The average is $39,881.
We currently have 5 families with this profile who are receiving between $43,300 – $61,300 in financial aid. The average is $54,540.
We currently have 1 family with this profile who receive $60,200 in financial aid.
We currently have 0 families with this profile receiving $0 in financial aid.
We currently have 2 families with this profile who are receiving between $18,500 – $48,500 in financial aid. The average is $33,500.
We currently have 7 families with this profile who are receiving between $10,300 – $60,600 in financial aid. The average is $37,229.
We currently have 3 families with this profile who are receiving between $35,600 – $48,900 in financial aid. The average is $41,133.
We currently have 0 families with this profile who are receiving between $0 in financial aid.
We currently have 1 family with this profile receiving $23,000 in financial aid.
We currently have 5 families with this profile who are receiving between $32,500 – $39,500 in financial aid. The average is $35,400.
We currently have 13 families with this profile who are receiving between $13,400 – $50,800 in financial aid. The average is $27,854.
We currently have 11 families with this profile who are receiving between $11,000 – $49,500 in financial aid. The average is $33,500.
We currently have 7 families with this profile who are receiving between $4,100 – $54,300 in financial aid. The average is $26,971.

Note: The average family contribution noted above is not a promise of aid. To discuss your specific situation, please the contact financial aid office at 603-777-3341 or by emailing financialaid@exeter.edu.

Financial Aid Estimator

This data is based on grants offered in the 2025-26 academic year.

Step 1

Select if your student will be attending Exeter as a boarding or day student.

Attendance

Step 2

Where do you live?

Location

Do you live in a metro/city area or a rural/suburb area?

Area

Step 3

Select the total income range for your entire household, including both taxable and nontaxable income. This may include salaries, wages, interest, dividends, business or farm income, alimony, child support received, and other sources. Use the amount remaining after applicable taxes have been deducted.

Income Range

Step 4

Select your entire household’s total asset range. Please include home equity (less mortgage amounts), other real estate (less mortgage amounts), business or farm share, bank accounts, investment accounts, or educational savings plans. Retirement accounts should not be included within this amount.

Total household asset range

Step 5

Select the total number of individuals living in your household for whom your family provides financial support. Be sure to include yourself, your spouse or partner if applicable, and anyone else for whom you contribute toward basic living expenses such as food, housing, and clothing.

Family Size

Step 6

Select the number of dependents in your household who will be enrolled in a tuition-charging educational institution, such as a primary school, secondary school, or college.

Number of dependents enrolled in a tuition-charging educational institution

As part of Exeter’s initiative, families collectively earning under $125,000 qualify for full financial aid. Please note that significant asset amounts may impact eligibility.

Note: This tool is used to help families gain information about the financial aid process and is not a guarantee of eligibility. The only way to determine financial aid eligibility is to complete the financial aid application through Clarity. Please contact the financial aid office at 603-777-3341 or by emailing financialaid@exeter.edu with any questions.

Should I apply for aid?

Our answer is simple: If you feel that you’ll need assistance to attend Exeter, we encourage you to apply.

We know that some families hesitate to apply for various reasons, including the paperwork involved in the process, or fear that a child’s hopes will be raised but no aid offered. We encourage you to apply, and we’re here to support you throughout the process. Learn how to apply for financial aid.

Families who anticipate needing financial aid at any time during their child’s years at Exeter should request aid when they apply. Financial aid may not be available in subsequent years unless there’s been a significant change in a family’s financial circumstances.