Many students will not be billed the full, advertised sticker price of a school. Instead, they will be offered a financial aid plan that will include a combination of scholarships, grants, loans, and possibly work-study opportunities.
What financing solutions does Hendrix deliver, and what will you be eligible for? Keep reading for answers.
Hendrix College's standard financial aid deal for newly arriving freshmen is $48,726. About 100.0% of new students obtain financial aid, the majority of which is in the form of scholarships and grants.
Financial aid helps lower the cost, or the "sticker" price of the college. However, be aware that the only real college discount are scholarships & grants.
A loan is not a genuine college discount, but rather an outcome to consider. See how much student loan debt from Hendrix you could end up taking on.
The numbers below refer to aid that is given by Hendrix College.
100.0% of freshmen (309 total) were awarded scholarships at Hendrix College, averaging $38,453 a piece. This ranks in the top 20th percentile of all schools in the nation.
As well as scholarships, 30.0% of freshmen (94 total) received a federal grant, averaging $5,296 a person.
The graph below shows the usual amount of scholarship and grant aid given to all freshmen.
Grants are usually based on need while scholarships are merit-based.
The next table displays grant and scholarship allocations by income for first year students getting any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||18.8%||$35,546|
Title IV aid includes grants, loans, or work-study given from the federal government generally according to financial need. Learn more here.
100.0% of the 1,202 undergraduate students at Hendrix College qualify for some type of grant aid. This is a total of about 1,197 students benefiting from about $38,255 each.
Check out the Tuition and Fees page or the Cost Per Credit Hour page for more information.
|Financial Aid Department Website||www.hendrix.edu/financialaid|
|Net Price Calculator||www.hendrix.edu/Admission/PriceCalculator/|