Hope International University (HIU) Financial Aid and Scholarships
Students Receiving Aid
79%
Total Aid Amount
$10.656M
Financial Aid Official Website
www.hiu.edu/undergrad/finaid/
Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 99% of the students at HIU get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,546,375 in a year. One can visit HIU's financial aid page at http://www.hiu.edu/undergrad/finaid/ for more information. Notably, a total of 51% of the applicants to Hope International University receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, 93% receive the Institution Grant, and 51% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,576, the State Grant receivers and Institution Grant beneficiaries get $5,451 and $18,860, respectively. And, for the Pell Grant awardees, the average aid amount is $4,191. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $20,526 in a year. The average aid amount stands at $19,675 for an annual family income between $30,001 and $48,000. This amount comes to $12,903 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $17,353, while candidates with more than $110,000 of family income receive an average federal aid of $14,063. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 74% of the applicants to Hope International University opt for student loans.