by our College Data Analytics TeamA lot 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 price tag of going to Hollins University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will Hollins deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Hollins University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Hollins University, 100% of first-time, full-time freshmen received some form of financial aid approximately 193 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $36,154 |
| Institutional grants & scholarships | 100% | $30,738 |
| Federal Pell grants | 47% | $5,892 |
| State/local grants | 56% | $4,722 |
| Federal student loans | 59% | $5,026 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 100% of undergraduate students received gift aid averaging $34,806 (across approximately 682 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $34,806 |
| Federal Pell grants | 39% | $5,542 |
| Federal student loans | 56% | $6,511 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $37,802.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,818 |
| $30,001 – $75,000 | $21,588 |
| Over $75,000 | $25,422 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,896 |
| Off-campus title-IV students | $22,263 |
To project your own net price, use Hollins’s official net price calculator: web1.hollins.edu/finaidcalc/fac/Default.aspx.
Graduating students at Hollins carry a median federal student debt of $22,925 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,925 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Hollins.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,750 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,500 |
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 | $21,000 |
| Middle income | $20,500 |
| High income | $26,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,322 |
| Continuing-generation students | $25,888 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $23,250 |
| Independent students | $15,750 |
The figure below distills the debt data into a single burden category for Hollins.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Hollins:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4263 |
| Total Stafford loan amount | $92,816,873 |
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 | 10 |
| Total GI Bill amount | $80,912 |
| Average GI Bill amount per recipient | $8,091 |
References
More about our data sources and methodologies.