Herzing University Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$1.799M
Financial Aid Official Website
https://www.herzing.edu/
It is interesting to note that, every year, around 94% of students at HUB receive some kind of financial aid, while the total amount of assistance/loans provided is $3,127,955. For additional information about financial assistance schemes, one can head over to HUB’s financial aid page at https://www.herzing.edu. The total percentage of candidates applying to Herzing University-Brookfield who receive the Federal Grant is 72%. Meanwhile, 94% of the applicants receive the Student Grant and 39% are awarded the Institution Grant, while 72% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,383, and the same stands at $2,974 for State Grant awardees and $6,485 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,196. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $4,576 per year. The average aid amount stands at $6,728 for an annual family income between $30,001 and $48,000. This amount comes to $5,915 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Herzing University-Brookfield, the percentage of candidates who opt to avail of student loans is around 72%.