$4,355

Avg. Federal Grant

$5,266

Avg. Federal Loan

$25,305,474

Total Aid Awarded

Fort Hays State University (FHSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$25.305M

Financial Aid Official Website

www.fhsu.edu/finaid/

Such schemes include Albert M. Lappin Scholarship, Copper Award, Fort Hays Bronze Award, and Hansen Leaders of Tomorrow. Notably, 96% of the students at Fort Hays State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $31,657,871. More information regarding the financial assistance schemes can be accessed on FHSU’s official financial aid page at http://www.fhsu.edu/finaid/. At FHSU, the total percentage of applicants who receive the Federal Grant stands at 41%. On the other hand, 89% of the candidates get the Student Grant, 76% receive the Institution Grant, and 41% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,587, while the same comes to $1,116 for State Grant receivers and $3,462 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,055. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Fort Hays State University, the percentage of candidates who opt to avail of student loans is around 57%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

14%

Institution Grant Aid

75%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,355

State Grant Aid

$1,128

Institution Grant Aid

$3,145

Pell Grant

$4,309

Everybody is qualified for financial aid the second they apply for the college through FAFSA form, yet the significant point to raise is how often as well as to whom is a sure aid given.

With regards to awards, students get the chance to take up various awards; government, institutional, or state awards.

  • As per the records observed, 41% of the students are awarded Federal Grant Aid which adds up to at a normal of $4,355.

  • Almost 14% of the students receive Pell Grants which add up to a normal of around $1,128.

  • Roughly 75% of the students are eligible for state awards at a normal of around $3,145.

  • 41% of the students get institutional awards which add up to a normal of around $4,309.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,064

$30,001 - $48,000

$6,734

$48,001 - $75,000

$4,717

$75,001 - $110,000

$2,273

Over $110,000

$1,968

Financial aid in the form of federal aid is provided to a student, depending on the income of the student or the student’s family. The average federal aid in Fort Hays State University is calculated according to the family income of the student and is segregated into 5 different income brackets.

  • For a student who has a family income ranging from 0 to $30,000, the average federal aid provided is $7,064.

  • A student having a family income ranging from $30,001 to $48,000 the average federal aid is $6,734.

  • A student who has a family income ranging from $48,001 to $75,000 the average federal aid provided is $4,717.

  • A student having an annual income ranging from $75,001 to $110,000 the average federal provided is around $2,273.

  • And students having an annual income range greater than $110,000, the average federal aid provided is $1,968.

Student Loans for Fort Hays State University (FHSU)

Average Loan Amount Average Loan Amount received per year.

$5,498/Year

Students Taking Out Loans

59%

Loan Default Rate

6.5%

Approximately 59% of the students at Fort Hays State University take loans as a form of financial assistance for pursuing their education at the college. The average loan amount taken by students is close to $5,498 per year. The default loan rate for these borrowings is 6.5%.

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