$5,660

Avg. Federal Grant

$5,616

Avg. Federal Loan

$140,790,391

Total Aid Awarded

Hofstra university Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$140.790M

Financial Aid Official Website

www.hofstra.edu/financialaid

The average reported annual net price for Hofstra University for students receiving grants or scholarship aid is $32,566.

$35,162 is the normal Hofstra University's freshman financial aid offer. About 95.0% of incoming students get some kind of financial assistance, most of which are scholarships and grants.

94.0% of freshmen (1,545 total) were awarded scholarships at Hofstra University, averaging $22,854 per student. This puts it in the top 20th percentile of all colleges in the country. 382 freshman students were awarded a grant. About 23.0% of Hofstra freshmen got grants with an average of $5,428 apiece. 5,899 Hofstra students receive grant aid (this is around 86.0% of the general student population). The usual amount these students receive is $22,180.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

24%

State Grant Aid

17%

Institution Grant Aid

97%

Pell Grant

24%

Average Aid Awarded

Federal Grant Aid

$5,660

State Grant Aid

$3,405

Institution Grant Aid

$23,719

Pell Grant

$4,832

As shown in the table, the breakdown includes federal grants, pell grants, state grants, and institutional grants with institutional grants having the highest percentage contribution of 97% with an average aid amount being $23,719.

Federal grants have a percentage of 24% with an average aid amount of $5,660 which is higher than the State grant aid average of $3,405.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$28,844

$30,001 - $48,000

$26,414

$48,001 - $75,000

$24,376

$75,001 - $110,000

$25,082

Over $110,000

$24,249

As shown in the table, lower the family income higher is the amount of aid one can expect to receive.

Those students who have a family income under $30,000 can expect to receive an aid amount of $28,844 while those with family income over $110,000 can expect to receive an aid amount of $24,249. This helps students who are coming from low-income homes to pay for their degrees.

Student Loans for Hofstra university

Average Loan Amount Average Loan Amount received per year.

$10,705/Year

Students Taking Out Loans

53%

Loan Default Rate

2.4%

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