$5,862

Avg. Federal Grant

$4,168

Avg. Federal Loan

$43,305,791

Total Aid Awarded

Hamilton College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$43.306M

Financial Aid Official Website

www.hamilton.edu/finaid

Among them are scholarship programs such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Marie L. Rose Scholarship, and Military Service Recognition Scholarships. Notably, 64% of the students at Hamilton College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,293,304. At HC, the total percentage of applicants who receive the Federal Grant stands at 19%. In comparison, 62% of the students are awarded the Student Grant, 55% get the Institution Grant, and 19% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,413, and the same stands at $2,787 for State Grant awardees and $43,722 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,808. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Hamilton College, the percentage of candidates who opt to avail of student loans is around 40%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

18%

State Grant Aid

15%

Institution Grant Aid

58%

Pell Grant

18%

Average Aid Awarded

Federal Grant Aid

$5,862

State Grant Aid

$3,134

Institution Grant Aid

$40,413

Pell Grant

$5,170

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$58,282

$30,001 - $48,000

$56,319

$48,001 - $75,000

$54,396

$75,001 - $110,000

$45,269

Over $110,000

$24,598

Student Loans for Hamilton College

Average Loan Amount Average Loan Amount received per year.

$4,950/Year

Students Taking Out Loans

40%

Loan Default Rate

0.4%

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