Holy Names University Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$16.151M
Financial Aid Official Website
www.hnu.edu/financial-aid
Such schemes include ASTA Northern California Chapter - Richard Epping Scholarship, AWA Scholarship Awards, Athletic Scholarship, and CCNMA Scholarship. It is interesting to note that almost every student at HNU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $5,424,953. One can visit HNU's financial aid page at http://www.hnu.edu/financial-aid for more information. At HNU, the total percentage of applicants who receive the Federal Grant stands at 59%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 59% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,904, while the same comes to $7,117 for State Grant receivers and $25,540 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,709. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $36,362 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $32,524, while those falling in the $48,001-$75,000 income category get $33,275 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $24,735. And, for those with a family income of more than $110,000, the amount stands at $24,555. 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. Candidates are also required to repay these loans within a given period. Every year, around 87% of the applicants to Holy Names University opt for student loans.