$5,422

Avg. Federal Grant

$5,281

Avg. Federal Loan

$10,655,514

Total Aid Awarded

Hope International University (HIU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$10.656M

Financial Aid Official Website

www.hiu.edu/undergrad/finaid/

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 99% of the students at HIU get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,546,375 in a year. One can visit HIU's financial aid page at http://www.hiu.edu/undergrad/finaid/ for more information. Notably, a total of 51% of the applicants to Hope International University receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, 93% receive the Institution Grant, and 51% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,576, the State Grant receivers and Institution Grant beneficiaries get $5,451 and $18,860, respectively. And, for the Pell Grant awardees, the average aid amount is $4,191. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $20,526 in a year. The average aid amount stands at $19,675 for an annual family income between $30,001 and $48,000. This amount comes to $12,903 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $17,353, while candidates with more than $110,000 of family income receive an average federal aid of $14,063. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 74% of the applicants to Hope International University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

39%

Institution Grant Aid

93%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$5,422

State Grant Aid

$6,042

Institution Grant Aid

$15,446

Pell Grant

$5,161

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$26,124

$30,001 - $48,000

$25,034

$48,001 - $75,000

$16,427

$75,001 - $110,000

$19,726

Over $110,000

$14,515

Student Loans for Hope International University (HIU)

Average Loan Amount Average Loan Amount received per year.

$6,817/Year

Students Taking Out Loans

79%

Loan Default Rate

5.1%

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