$5,568

Avg. Federal Grant

$7,803

Avg. Federal Loan

$995,022

Total Aid Awarded

Stevens-Henager College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$995.022K

Financial Aid Official Website

www.stevenshenager.edu

While preparing for college, students are encouraged to explore all available options to apply for financial aid. Close to $150 Billion in Federal Aid is awarded to students every year by The U.S Department of Education in the form of Grants, Loans, Scholarships, and Work-Study funds.

Different forms of Financial aid available to students are federal, state, institutional, and private. These funding methods will make the College more affordable.

Filling out the Free Application for Financial Students Aid (FAFSA) is the first step when applying for federal aid. After completing FAFSA, students can know for which Federal aids they qualify. Factors like income, previous education, and dependents determine the amount of aid a student is eligible for.

Steven Henager College recommends filling their school code of 003674.

There are a number of federal aid financing methods available like:

  • Federal Pell Grant
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Direct Subsidized Loan
  • Federal PLUS Loan.  

State-based aids are also available to students after they complete their FAFSA form. A private aid option is also available to students.

The average financial aid available to students according to The US Dept of Education is $6,988. Stevens-Henager College also offers scholarships to students. Scholarships are awarded to students after they fill an application form, are eligible, and their application gets approved by the Institution.

A GPA of 3 is required to be eligible for Scholarships. Students graduating from high school with a GPA of 3.5 or higher will get a financial aid of $8000, other students will have to take the Otis Lennon test and then be awarded scholarships ranging from $7000 to $8000.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

86%

State Grant Aid

6%

Institution Grant Aid

54%

Pell Grant

86%

Average Aid Awarded

Federal Grant Aid

$5,568

State Grant Aid

$1,350

Institution Grant Aid

$3,203

Pell Grant

$5,505

Breaking down the Financial aid further into greater detail, we find that the percentage of students being awarded federal grant aid is 86%, state grant of 6%, institutional grant aid of 54%, and pell grants of 86% amounting to $5,568, $1,350, $3,203, $5,505 respectively. 

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,619

$30,001 - $48,000

$5,657

$48,001 - $75,000

$2,669

$75,001 - $110,000

$1,582

Over $110,000

N/A

Colleges pay special attention to Expected Family Contribution(EFI) when awarding Financial aid to students. The amount of Federal Aid awarded to the students of Stevens-Henager College based on their family income is $5,619, $5,657,$2,669, $1,582 for Family Income between 0 to 30k, 30k to 48k, 48k to 75k, 75k to 100k respectively.  

Student Loans for Stevens-Henager College

Average Loan Amount Average Loan Amount received per year.

$11,020/Year

Students Taking Out Loans

94%

Loan Default Rate

18.5%

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