$4,940

Avg. Federal Grant

$5,864

Avg. Federal Loan

$27,981,704

Total Aid Awarded

Hampden-Sydney College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$27.982M

Financial Aid Official Website

www.hsc.edu/admissions-and-financial-aid/financial-aid

Among them are scholarship programs such as Allan Scholarship, Alumni Scholarship, Madison Scholarship, and Marie L. Rose Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,745,207. Notably, a total of 15% of the applicants to Hampden-Sydney College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 15% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,166, the State Grant receivers and Institution Grant beneficiaries get $3,174 and $24,355, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,465. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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 Hampden-Sydney College, the percentage of candidates who opt to avail of student loans is around 59%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

20%

State Grant Aid

70%

Institution Grant Aid

98%

Pell Grant

20%

Average Aid Awarded

Federal Grant Aid

$4,940

State Grant Aid

$3,168

Institution Grant Aid

$23,984

Pell Grant

$4,146

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$33,770

$30,001 - $48,000

$33,489

$48,001 - $75,000

$32,963

$75,001 - $110,000

$29,781

Over $110,000

$27,580

Student Loans for Hampden-Sydney College

Average Loan Amount Average Loan Amount received per year.

$9,006/Year

Students Taking Out Loans

63%

Loan Default Rate

6.3%

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