Emory & Henry College Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$26.509M
Financial Aid Official Website
www.ehc.edu/admission/cost-financial-aid
Among them are scholarship programs such as Bonner Scholars Program, Jack F. and Edith Updyke Harmon Scholarship, John Emory Scholarship, and Patrick Henry Scholarship. Interestingly, almost all of the students at EHC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,619,276 in a year. One can visit EHC's financial aid page at http://www.ehc.edu/admission/cost-financial-aid for more information. The total percentage of candidates applying to Emory & Henry College who receive the Federal Grant is 43%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 43% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,800, and the same stands at $3,274 for State Grant awardees and $24,751 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,882. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $32,413 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $32,002 and $29,247, respectively. On the other hand, the average federal aid stands at $25,636 for those with an annual family income between $75,001 and $110,000, and at $21,694 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 71% of the applicants to Emory & Henry College opt for student loans.
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