Many students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Henderson State University can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Henderson State University offer you, and what will you qualify for? Keep reading for more information. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Henderson State University.
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 Henderson State University, 98% of first-time, full-time freshmen received some form of financial aid some 282 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $7,867 |
| Institutional grants & scholarships | 95% | $3,910 |
| Federal Pell grants | 66% | $5,531 |
| State/local grants | 25% | $1,298 |
| Federal student loans | 53% | $5,417 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 87% of the undergraduate population received grant aid that averaged $10,000 (for some 1302 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $10,000 |
| Federal Pell grants | 46% | $5,558 |
| Federal student loans | 44% | $6,395 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,980.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,190 |
| $30,001 – $75,000 | $16,878 |
| Over $75,000 | $18,523 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,405 |
| Off-campus title-IV students | $16,929 |
For an estimate tailored to your family circumstances, see Henderson State University’s NPC: www.hsu.edu/pages/future-students/financial-aid/net-price-calculator/.
The middle student in the debt distribution at Henderson State University owes $12,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Henderson State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $21,650 |
| 90th percentile (highest-debt students) | $30,750 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $11,878 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,722 |
| Continuing-generation students | $12,250 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $17,346 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Henderson State University.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Henderson State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15087 |
| Total Stafford loan amount | $321,447,222 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $83,308 |
| Average GI Bill amount per recipient | $4,900 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $14,000 |
| Average DoD amount per recipient | $3,500 |
References
More about our data sources and methodologies.