$5,004

Avg. Federal Grant

$5,693

Avg. Federal Loan

$50,712,360

Total Aid Awarded

Hamline University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$50.712M

Financial Aid Official Website

www.hamline.edu/financial-aid/

Hamline University provides competitive scholarship and financial aid opportunities to students and ensures to support them. To be eligible for Financial Aid, students must complete the Free Application for Federal Student Aid (FAFSA).

Thoroughly go through the deadlines, documents, and other steps for financial aid. Students should also create an FSA ID which has replaced the Federal Student Aid PIN. FSA ID is also used to log in to some U.S. Department of Education websites.

HU offers grants, scholarships, and loans. Grants and scholarships provided by Hamline include Hamline Gift Aid, State Gift Aid, Minnesota State Grant, Minnesota Teacher Candidate Grant, Minnesota GI Bill, Minnesota Postsecondary Child Care Grant, MN Dream Act, Federal Gift Aid, Federal Teach Grant, Federal Pell/SEOG, Outsite Gift Aid, United Methodist Scholarship.

The Average Federal Grant awarded to students is $5,004. The percentage of students receiving aid is 96%.

Hamline University Office of Financial Aid

Location:
East Hall, Room 113

Hours:
Monday-Friday, 9 a.m.-5 p.m.

MS-C1915
Hamline University
1536 Hewitt Avenue
Saint Paul, MN 55104

651-523-3000
800-888-2182

Fax: 651-523-2585

finaid@hamline.edu

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

53%

Institution Grant Aid

100%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$5,004

State Grant Aid

$5,486

Institution Grant Aid

$22,474

Pell Grant

$4,643

As shown in the table, the breakdown includes federal grants, pell grants, state grants, and institutional grants with institutional grants having the highest percentage contribution of 100% with an average aid amount being $22,474.

Federal grants have a percentage of 44% with an average aid amount of $5,004 which is lower than the state grant aid average of $5,486.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$31,712

$30,001 - $48,000

$31,593

$48,001 - $75,000

$30,773

$75,001 - $110,000

$27,524

Over $110,000

$24,416

The average federal aid in Cornerstone University is calculated according to the family income of the student. 

Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs. Incomes between $0-30,000 receive the aid of about $31,712.

A slight change is observed with the change in range; income between $30,001-48,000 receives $31,593. For incomes ranging between $48,001-75,000 the aid provided is $30,773. When the income range increases the aid amount decreases. $110,000 and higher receive an aid amount of $24,416.

Student Loans for Hamline University

Average Loan Amount Average Loan Amount received per year.

$8,726/Year

Students Taking Out Loans

70%

Loan Default Rate

3.4%

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