$2,994

Avg. Federal Grant

$5,073

Avg. Federal Loan

$24,235,530

Total Aid Awarded

Henderson State University (HSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$24.236M

Financial Aid Official Website

www.hsu.edu/FinancialAid/FinancialAid.html

Notably, 99% of the students at Henderson State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,577,448. One can visit HSU's financial aid page at http://www.hsu.edu/FinancialAid/FinancialAid.html for more information. The total percentage of candidates applying to Henderson State University who receive the Federal Grant is 50%. On the other hand, 80% of the candidates get the Student Grant, 66% receive the Institution Grant, and 50% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,100, and the same stands at $1,061 for State Grant awardees and $5,414 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,330. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At HSU, an estimated number of 46% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

56%

Institution Grant Aid

26%

Pell Grant

20%

Average Aid Awarded

Federal Grant Aid

$2,994

State Grant Aid

$695

Institution Grant Aid

$2,821

Pell Grant

$3,537

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,088

$30,001 - $48,000

$3,302

$48,001 - $75,000

$3,376

$75,001 - $110,000

$885

Over $110,000

N/A

Student Loans for Henderson State University (HSU)

Average Loan Amount Average Loan Amount received per year.

$5,202/Year

Students Taking Out Loans

24%

Loan Default Rate

7.3%