$9,923

Avg. Federal Grant

$5,546

Avg. Federal Loan

$7,028,382

Total Aid Awarded

Hesston College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

31%

State Grant Aid

16%

Institution Grant Aid

100%

Pell Grant

31%

Average Aid Awarded

Federal Grant Aid

$9,923

State Grant Aid

$2,496

Institution Grant Aid

$16,419

Pell Grant

$5,610

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,378

$30,001 - $48,000

$23,378

$48,001 - $75,000

$22,441

$75,001 - $110,000

$18,307

Over $110,000

$15,240

Student Loans for Hesston College

Average Loan Amount Average Loan Amount received per year.

$7,011/Year

Students Taking Out Loans

78%

Loan Default Rate

5.8%

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