$4,812

Avg. Federal Grant

$5,557

Avg. Federal Loan

$25,819,077

Total Aid Awarded

Hardin-Simmons University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$25.819M

Financial Aid Official Website

https://www.hsutx.edu/tuition-aid/

Students can avail of scholarships provided by the university, such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Church Matching, and Dean's Scholarship, if they find educational expenses to be on the higher side. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,757,086. The total percentage of candidates applying to Hardin-Simmons University who receive the Federal Grant is 43%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 43% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,823, the State Grant receivers and Institution Grant beneficiaries get $2,653 and $15,847, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,370. 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 Hardin-Simmons University, the percentage of candidates who opt to avail of student loans is around 65%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

59%

Institution Grant Aid

100%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$4,812

State Grant Aid

$3,066

Institution Grant Aid

$13,917

Pell Grant

$4,173

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$20,332

$30,001 - $48,000

$21,537

$48,001 - $75,000

$18,656

$75,001 - $110,000

$17,096

Over $110,000

$13,267

Student Loans for Hardin-Simmons University

Average Loan Amount Average Loan Amount received per year.

$7,530/Year

Students Taking Out Loans

70%

Loan Default Rate

5.1%