$5,008

Avg. Federal Grant

$4,500

Avg. Federal Loan

$2,220,391

Total Aid Awarded

Humphreys University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$2.220M

Financial Aid Official Website

https://www.humphreys.edu/student-services/financial-aid-office/

Among them are scholarship programs such as ASTA Northern California Chapter - Richard Epping Scholarship, AWA Scholarship Awards, CCNMA Scholarship, and Cal Grant A. It is interesting to note that almost every student at HUSMC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $1,413,716. For additional information about financial assistance schemes, one can head over to HUSMC’s financial aid page at https://www.humphreys.edu/student-services/financial-aid-office/. At HUSMC, the total percentage of applicants who receive the Federal Grant stands at 71%. On the other hand, 100% of the candidates get the Student Grant, 86% receive the Institution Grant, and 71% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,830, the State Grant receivers and Institution Grant beneficiaries get $6,863 and $4,354, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,579. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $7,179 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $6,832 and $9,565, respectively. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Humphreys University-Stockton and Modesto Campuses, the percentage of candidates who opt to avail of student loans is around 14%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

100%

Institution Grant Aid

17%

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$5,008

State Grant Aid

$6,928

Institution Grant Aid

$11,952

Pell Grant

$5,008

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,090

$30,001 - $48,000

$14,753

$48,001 - $75,000

$12,267

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Humphreys University

Average Loan Amount Average Loan Amount received per year.

$4,500/Year

Students Taking Out Loans

33%

Loan Default Rate

8.4%

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