$4,383

Avg. Federal Grant

$6,045

Avg. Federal Loan

$1,798,557

Total Aid Awarded

Herzing University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$1.799M

Financial Aid Official Website

https://www.herzing.edu/

It is interesting to note that, every year, around 94% of students at HUB receive some kind of financial aid, while the total amount of assistance/loans provided is $3,127,955. For additional information about financial assistance schemes, one can head over to HUB’s financial aid page at https://www.herzing.edu. The total percentage of candidates applying to Herzing University-Brookfield who receive the Federal Grant is 72%. Meanwhile, 94% of the applicants receive the Student Grant and 39% are awarded the Institution Grant, while 72% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,383, and the same stands at $2,974 for State Grant awardees and $6,485 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,196. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $4,576 per year. The average aid amount stands at $6,728 for an annual family income between $30,001 and $48,000. This amount comes to $5,915 for those who fall under the $48,001-$75,000 family income bracket. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Herzing University-Brookfield, the percentage of candidates who opt to avail of student loans is around 72%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

72%

State Grant Aid

33%

Institution Grant Aid

39%

Pell Grant

72%

Average Aid Awarded

Federal Grant Aid

$4,383

State Grant Aid

$2,974

Institution Grant Aid

$6,485

Pell Grant

$4,277

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,499

$30,001 - $48,000

$13,640

$48,001 - $75,000

$8,997

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Herzing University

Average Loan Amount Average Loan Amount received per year.

$6,045/Year

Students Taking Out Loans

60%

Loan Default Rate

N/A

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