Hellenic College Holy Cross (HCHC) Financial Aid and Scholarships
Students Receiving Aid
90%
Total Aid Amount
$940.119K
Financial Aid Official Website
www.hchc.edu/community/administrative_offices/financial_aid/
It is interesting to note that almost every student at HCHCGOST receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $264,675. More information regarding the financial assistance schemes can be accessed on HCHCGOST’s official financial aid page at http://www.hchc.edu/community/administrative_offices/financial_aid/. Notably, a total of 11% of the applicants to Hellenic College-Holy Cross Greek Orthodox School of Theology receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 11% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,234. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $24,493 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $28,226, while those falling in the $48,001-$75,000 income category get $27,652 a year. On the other hand, the average federal aid stands at $29,684 for those with an annual family income between $75,001 and $110,000, and at $19,001 for an income more than $110,000. 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 Hellenic College-Holy Cross Greek Orthodox School of Theology, the percentage of candidates who opt to avail of student loans is around 33%.
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