Student Loans for Hope College Students
About Hope College
Hope College is a private liberal arts college located in downtown Holland, Michigan. Traditionally, Hope has been associated with The Reformed Church in America, but the overriding principle has always included diversity combined with a deep understanding and respect of other opinions. Research and creativity are the founding pillars of the college, a fact which is demonstrated by the continuous grants from the National Science Foundation, and its constant consideration as a national leader for undergraduate research by the US News and World Report. The college offers 87 majors and minors that span the liberal arts curriculum and it encourages a wide range of extracurricular activities.
Like other premium institutions that offer top quality education, costs at Hope College can be on the higher side. However, the encouraging news is that there are numerous assistance programs available through the Hope financial aid office. Around 59% of students receive some type of need-based financial assistance and 91% receive financial aid in one form or another.
The first step in applying for Hope College financial aid is to fill out and submit the Free Application for Federal Student Aid (FAFSA) and to supply other relevant documents, which helps to determine your Expected Family Contribution (EFC) .The form, can be filled out online at FAFSA.ed.gov.
At Hope College, there are plenty of financial assistance options such as scholarships, grants and work-study arrangements which all help reduce your financial burden. Once you apply, you’re automatically eligible for consideration for a merit-based scholarship. On the other hand, need-based scholarships are awarded according to the SAR and EFC reports. In addition to scholarships, the Hope financial aid program offers a RCA Grant to need-based students and artistic awards to arts, dance and music majors.
Besides these options, there are other federal assistance options such as the Federal Pell Grant, Federal Smart Grant, Federal Teach Grant, Federal Perkins Loan and other subsidized Federal loan options. Furthermore, you can search for outside scholarships at both the state and city level and also through various private organizations.
Student Loans and Hope College
Private loans are a viable option for those who have exhausted all other financial aid types. If you are considering a private loan, you should use the Comparison Tool on our website. This tool will help you compare several loan options so that you can make an informed decision, finding the best and cheapest option for you.
How can I apply for Hope financial aid?
Hope financial aid includes a variety of loans, grants, and scholarships. To apply for financial assistance, you must fill out a FAFSA application, available at fafasa.ed.gov. The application collects all financial information about each student. This information is then used to determine need for aid and eligibility.
Pay for Hope College*
|Total Avg. Cost||$36,960|
|Room & Board||$8,110|
|Financial Aid Information|
|Students Receiving Fin Aid||97%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$7,005|
|%Receiving Other Loans||8%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics