by our College Data Analytics TeamThe majority of 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 Hesston College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Hesston offer you, and what will you qualify for? Read on for more information. Keep reading 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. The information provided on this page can help you determine how much aid you may receive from Hesston College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Hesston College, 100% of new full-time first-years were awarded at least some aid (about 108 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,776 |
| Institutional grants & scholarships | 100% | $21,459 |
| Federal Pell grants | 42% | $5,360 |
| State/local grants | 19% | $3,374 |
| Federal student loans | 60% | $5,135 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Hesston, roughly 100% of undergraduates were awarded grant or scholarship aid averaging $22,115 (for some 308 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $22,115 |
| Federal Pell grants | 38% | $5,437 |
| Federal student loans | 66% | $6,763 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $21,151.
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 | $12,514 |
| $30,001 – $75,000 | $20,393 |
| Over $75,000 | $23,404 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,299 |
| Off-campus title-IV students | $21,458 |
For an estimate tailored to your family circumstances, see Hesston’s online cost calculator: www.hesston.edu/forms/NetPriceCalculator/npcalc.htm.
A typical borrower at Hesston leaves with $12,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at Hesston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,000 |
| 25th percentile | $7,500 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $23,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,240 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $14,750 |
A handful of calculated indicators summarize the debt outlook at Hesston.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Hesston:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2578 |
| Total Stafford loan amount | $29,518,325 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $60,193 |
| Average GI Bill amount per recipient | $20,064 |
References
More about our data sources and methodologies.