Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Hendrix College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Hendrix College

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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