College of the Holy Cross Financial Aid and Scholarships
Students Receiving Aid
56%
Total Aid Amount
$60.110M
Financial Aid Official Website
www.holycross.edu/admissions-aid/financial-aid
Among them are scholarship programs such as Bean Scholarship, Brooks Scholarship, Carnegie Dartlet $10,000 Scholarship, and College of the Holy Cross - MASSGrant. Notably, 75% of the students at College of the Holy Cross get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,220,731. For additional information about financial assistance schemes, one can head over to CHC’s financial aid page at http://www.holycross.edu/admissions-aid/financial-aid. At CHC, the total percentage of applicants who receive the Federal Grant stands at 14%. On the other hand, 65% of the candidates get the Student Grant, 65% receive the Institution Grant, and 14% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,771, and the same stands at $3,290 for State Grant awardees and $32,658 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,694. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $52,787 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $50,326, while those falling in the $48,001-$75,000 income category get $47,080 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $36,546. And, for those with a family income of more than $110,000, the amount stands at $16,588. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At College of the Holy Cross, the percentage of candidates who opt to avail of student loans is around 53%.
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