by our College Data Analytics TeamMany students attending Holy Family University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at Holy Family and your eligibility? Find the answers you seek below.
Holy Family University average financial aid offer for freshmen students is $21,957.00. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Holy Family 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 numbers below apply to scholarships and grants primarily provided by Holy Family University.
99% of incoming freshmen (341 total) were awarded scholarships at Holy Family University, averaging $17,879.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 46% of first-year students (157 total) got a federal grant, for about $5,428.00 per person.
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 | 23.84% | $25,363.00 |
| Income 30k-48k | 12.79% | $25,326.00 |
| Income 48k-75k | 13.37% | $23,095.00 |
| Income 75k-110k | 10.47% | $19,632.00 |
| Income 110k + | 24.71% | $18,064.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 344 undergraduate students at Holy Family University around 100% (343 total) receive some form of grant aid. The typical amount awarded was $21,957.00.
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.