by our College Data Analytics TeamMany students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Hampshire College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Hampshire offer, and what will you qualify for? Keep scrolling for more information. Keep going to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Hampshire College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Hampshire College, 100% of entering full-time freshmen got some type of financial assistance some 259 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $46,145 |
| Institutional grants & scholarships | 100% | $42,855 |
| Federal Pell grants | 39% | $5,766 |
| State/local grants | 16% | $3,615 |
| Federal student loans | 67% | $5,122 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 100% of undergraduates were awarded grant or scholarship aid averaging $45,325 (across roughly 716 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $45,325 |
| Federal Pell grants | 39% | $5,587 |
| Federal student loans | 62% | $5,797 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $50,161.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,766 |
| $30,001 – $75,000 | $19,113 |
| Over $75,000 | $33,378 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,034 |
| Off-campus title-IV students | $25,810 |
For a customized cost estimate, visit Hampshire’s official net price calculator: www.hampshire.edu/net-price-calculator.
The median federal debt load at Hampshire comes to $25,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $25,000 |
| Median federal debt (graduates only) | $26,893 |
| Typical 10-year monthly payment (graduates) | $285.11/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Hampshire.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,000 |
| 25th percentile | $8,187 |
| 75th percentile | $26,749 |
| 90th percentile (highest-debt students) | $27,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $24,000 |
| Middle income | $26,000 |
| High income | $22,982 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,345 |
| Continuing-generation students | $24,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $25,000 |
| Independent students | $23,300 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Hampshire.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Hampshire:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3992 |
| Total Stafford loan amount | $62,282,892 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $28,314 |
| Average GI Bill amount per recipient | $28,314 |
References
More about our data sources and methodologies.