Through the Student Imperative, an initiative started in 2014, we have developed the resources and programs to expand access, increase affordability, enrich value, and expand opportunities for our students as they pursue thoughtful and engaged lives of responsible leadership. In addition to establishing the Soll Center for Student Opportunity, resources allocated through the Student Imperative also allow CMC to expand financial aid and scholarships, create opportunity funding, and develop our scholar community program.
CMC recruits emerging leaders who are preparing to meet the challenges of our complex world, regardless of their financial background. We are committed to a need-blind, meet-all-need framework, allowing us to attract and retain the most exceptional student-leaders.
Our efforts to attract students in a need-blind, meet-all-need framework have been successful. Over the past five years, CMC has increased the proportion of entering Pell-eligible students by over 75% and nearly doubled our percentage of students who are first in their family to attend college. We also provide guaranteed funding for a first-year summer experience or internship—with stipends ranging from $5,000 to $7,300 for those who have summer savings obligations—and additional financial assistance beyond the cost of attendance (books, family travel, emergency funds, equipment and supplies) to those most in need through our Kravis Opportunity Fund.
Through CMC’s need-blind, meet-all-need financial aid packages, the message to deserving students is clear: If you want to lead, and you are admitted to CMC, then financial resources should not be an impediment. Beyond the financial implication of tuition, however, full access to the CMC student experience—from a suit for the Athenaeum to health insurance grants, funds for a summer internship, or support to study abroad—requires significant resources.