$5,089

Avg. Federal Grant

$5,609

Avg. Federal Loan

$739,912

Total Aid Awarded

New Hope Christian College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$739.912K

Financial Aid Official Website

www.newhope.edu/admissions/financial-aid

Interestingly, almost all of the students at NHCCE receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $626,276 in a year. The total percentage of candidates applying to New Hope Christian College-Eugene who receive the Federal Grant is 57%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 57% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,550. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At NHCCE, an estimated number of 67% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

N/A

Institution Grant Aid

88%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$5,089

State Grant Aid

N/A

Institution Grant Aid

$5,365

Pell Grant

$4,822

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,874

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

$5,500

Over $110,000

N/A

Student Loans for New Hope Christian College

Average Loan Amount Average Loan Amount received per year.

$6,492/Year

Students Taking Out Loans

75%

Loan Default Rate

9.6%

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