$4,549

Avg. Federal Grant

$6,500

Avg. Federal Loan

$940,119

Total Aid Awarded

Hellenic College Holy Cross (HCHC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

78%

State Grant Aid

22%

Institution Grant Aid

100%

Pell Grant

78%

Average Aid Awarded

Federal Grant Aid

$4,549

State Grant Aid

$900

Institution Grant Aid

$16,049

Pell Grant

$4,406

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,470

$30,001 - $48,000

$20,153

$48,001 - $75,000

$24,820

$75,001 - $110,000

$19,185

Over $110,000

N/A

Student Loans for Hellenic College Holy Cross (HCHC)

Average Loan Amount Average Loan Amount received per year.

$6,500/Year

Students Taking Out Loans

89%

Loan Default Rate

10%

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