by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Interested in understanding the financial aid resources available at Hardin - Simmons and your eligibility? Find the answers you seek below.
$21,025.00 is the typical Hardin - Simmons University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Hardin - Simmons University.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by Hardin - Simmons University.
100% of incoming freshmen (479 total) were awarded scholarships at Hardin - Simmons University, averaging $17,034.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 89% of freshmen (424 total) obtained a federal grant, for about $3,088.00 a piece.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 21.50% | $26,574.00 |
| Income 30k-48k | 11.48% | $24,551.00 |
| Income 48k-75k | 12.32% | $23,176.00 |
| Income 75k-110k | 13.36% | $20,973.00 |
| Income 110k + | 15.24% | $15,946.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
479 Hardin - Simmons undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $21,025.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.