$7,090

Avg. Federal Grant

$5,596

Avg. Federal Loan

$63,206,025

Total Aid Awarded

Hobart and William Smith Colleges (HWS) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$63.206M

Financial Aid Official Website

www.hws.edu/admissions/fin_edu.aspx

It is interesting to note that, every year, around 98% of students at HWSC receive some kind of financial aid, while the total amount of assistance/loans provided is $8,263,325. The total percentage of candidates applying to Hobart William Smith Colleges who receive the Federal Grant is 21%. On the other hand, 98% of the candidates get the Student Grant, 97% receive the Institution Grant, and 21% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $7,117, while the same comes to $4,472 for State Grant receivers and $32,262 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,773. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Hobart William Smith Colleges, the percentage of candidates who opt to avail of student loans is around 65%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

18%

State Grant Aid

11%

Institution Grant Aid

93%

Pell Grant

18%

Average Aid Awarded

Federal Grant Aid

$7,090

State Grant Aid

$3,795

Institution Grant Aid

$30,501

Pell Grant

$4,858

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$50,652

$30,001 - $48,000

$51,383

$48,001 - $75,000

$41,424

$75,001 - $110,000

$41,263

Over $110,000

$28,229

Student Loans for Hobart and William Smith Colleges (HWS)

Average Loan Amount Average Loan Amount received per year.

$7,953/Year

Students Taking Out Loans

64%

Loan Default Rate

2.4%

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