by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Curious about the financial aid opportunities at Henderson State University and what you may be eligible for? Explore the answers here.
Henderson State University average financial aid offer for freshmen students is $8,825.00. 98% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Henderson State University.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers apply to scholarships and grants largely offered by the school itself.
81% of incoming freshmen (638 total) were given scholarships at Henderson State University, averaging $6,329.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 61% of freshmen (480 total) obtained a federal grant, for about $4,162.00 a piece.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.35% | $9,341.00 |
| Income 30k-48k | 11.21% | $8,833.00 |
| Income 48k-75k | 11.21% | $7,254.00 |
| Income 75k-110k | 12.87% | $6,984.00 |
| Income 110k + | 14.90% | $7,051.00 |
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.
751 Henderson State University undergrads obtain grant aid (this is about 98% of the entire undergraduate student population). The average amount these students receive is $8,825.00.
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.