Heritage Christian University (HCU) Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$395.508K
Financial Aid Official Website
www.hcu.edu/admission-aid/financial-aid/
Interestingly, almost all of the students at HCU receive some sort of financial aid. More information regarding the financial assistance schemes can be accessed on HCU’s official financial aid page at http://www.hcu.edu/admission-aid/financial-aid/. The total percentage of candidates applying to Heritage Christian University who receive the Federal Grant is 50%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 50% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,953. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $9,854 on average in a year. The average aid amount stands at $10,132 for an annual family income between $30,001 and $48,000. This amount comes to $10,694 for those who fall under the $48,001-$75,000 family income bracket. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe.