Hesston College Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$7.028M
Financial Aid Official Website
www.hesston.edu/admissions/financial-aid/
Students can avail of scholarships provided by the college, such as Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Student Scholarship, and Hugh A. Smith Scholarship, if they find educational expenses to be on the higher side. 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 $2,632,652. One can visit HC's financial aid page at http://www.hesston.edu/admissions/financial-aid/ for more information. At HC, the total percentage of applicants who receive the Federal Grant stands at 32%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 32% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,231, while the same comes to $2,792 for State Grant receivers and $16,337 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,904. 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 $19,542 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $21,398, while those falling in the $48,001-$75,000 income category get $19,583 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $18,595. And, for those with a family income of more than $110,000, the amount stands at $15,787. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Hesston College, the percentage of candidates who opt to avail of student loans is around 81%.
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