High Point University Financial Aid and Scholarships
Students Receiving Aid
77%
Total Aid Amount
$40.156M
Financial Aid Official Website
www.highpoint.edu/financialplanning/
Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Fellows Scholarship, and North Carolina Student Incentive Grant. Notably, 89% of the students at High Point University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,992,487. One can visit HPU's financial aid page at http://www.highpoint.edu/financialplanning/ for more information. At HPU, the total percentage of applicants who receive the Federal Grant stands at 12%. On the other hand, 87% of the candidates get the Student Grant, 87% receive the Institution Grant, and 12% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,356, the State Grant receivers and Institution Grant beneficiaries get $5,148 and $12,579, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,513. 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 $15,148 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $14,791, while those falling in the $48,001-$75,000 income category get $14,126 a year. On the other hand, the average federal aid stands at $11,258 for those with an annual family income between $75,001 and $110,000, and at $7,913 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. At HPU, an estimated number of 48% of the applicants choose to go for student loans.
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