OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Hendrix College Financial Aid and Scholarships 2022

Hendrix College which is a private, United Methodist university, is located in Conway, AR. Hendrix College was founded in the year 1876. The motto of the Hendrix College is εἰς ἄνδρα τέλειον (Ancient Greek) and its official colors are hendrix orange and black. Out of total 1,348 students enrolled at HC, 1,109 belong to undergraduate courses while 12 are postgraduate students. The school has a total of 126 academic staff. These faculty teach different courses to the students.

Hendrix College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$42.260M

Financial Aid Official Website

www.hendrix.edu/financialaid

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 $3,739,558. For additional information about financial assistance schemes, one can head over to HC’s financial aid page at http://www.hendrix.edu/financialaid. At HC, the total percentage of applicants who receive the Federal Grant stands at 30%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 30% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,296, the State Grant receivers and Institution Grant beneficiaries get $3,552 and $38,453, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,518. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $42,156 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $41,153, while those falling in the $48,001-$75,000 income category get $39,395 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $35,238. And, for those with a family income of more than $110,000, the amount stands at $31,347. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 43% of the applicants to Hendrix College opt for student loans.

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