$4,675

Avg. Federal Grant

$5,832

Avg. Federal Loan

$8,862,838

Total Aid Awarded

Hilbert College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$8.863M

Financial Aid Official Website

www.hilbert.edu/admissions-financial-aid/financial-aid

It is interesting to note that almost every student at HC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $3,822,145. Notably, a total of 55% of the applicants to Hilbert College receive the Federal Grant every year. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 54% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,768, and the same stands at $2,920 for State Grant awardees and $8,447 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,401. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Hilbert College, the percentage of candidates who opt to avail of student loans is around 90%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

66%

Institution Grant Aid

98%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,675

State Grant Aid

$2,629

Institution Grant Aid

$9,156

Pell Grant

$4,519

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,518

$30,001 - $48,000

$15,932

$48,001 - $75,000

$12,550

$75,001 - $110,000

$10,066

Over $110,000

$7,566

Student Loans for Hilbert College

Average Loan Amount Average Loan Amount received per year.

$7,211/Year

Students Taking Out Loans

84%

Loan Default Rate

6.6%

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