Hofstra Financial Aid

A private university on Long Island, Hofstra University was founded in 1935 as an extension of NYU, became Hofstra College in 1937, and a university in 1963. Now, Hofstra is home to 7,600 college students and has gained fame for hosting Presidential symposiums and the final, decisive Presidential debate in 2008 between President Obama and Senator McCain. While politicking has attracted attention to Hofstra, there are plenty of other things that make the school cool, like the replica it has of the Globe Theatre (which was basically Shakespeare's theater in London), its arboretum and bird sanctuary, as well as its location on Long Island where it takes under an hour to get to NYC by car or train.

It wouldn't make any sense to spend money you don't have or that you'll need down the line, so why spend frivolously at school if you're receiving Hofstra financial aid? There's really no good reason. With that sort of settled, we want to tell you to be smart about your spending if you're on Hofstra financial aid. It's not that you can't spend any money at all - an occasional trip to the Carle Place Diner won't kill your budget, and tickets to any on-campus event will be relatively cheap - just make sure you're spending your money on reasonable things, and not just on booze and shopping trips. Cool? Cool.

Applying for Hofstra Financial Aid

Hofstra requires two forms from applicants for financial aid - but only if you're from New York state. If you're out-of-state, all you have to do is file the Free Application for Federal Student Aid, which you may know by the acronym FAFSA; if you're in-state, however, you have to file the FAFSA along with a state aid form to determine your eligibility for financial aid funds given out by New York state to in-state students. The FAFSA is pretty straightforward, and we have resources to help you out with that, but unfortunately we don't know much about the NY state aid form. If you run into snags with that, talk to the Hofstra financial aid office. They'll be happy to help. All you really have to do to receive Hofstra fin aid, though, is file one or both of those forms: when you do, you'll get your aid package with the next tuition bill.

Hofstra Financial Aid Packages

There are four things that go into every financial aid package: loans, grants, scholarships, and federal work-study programs. If you're thinking that those things will make their way into your Hofstra financial aid package, then you're correct: the amount of each depends on your need, of course, but that's more or less how things go. Despite the strength of Hofstra's aid program, a good number of students wind up short of cash to pay for college, and these students turn to private student loans as a final form of college funding. If you have used up every available financial aid resource and still need more money, consider applying for a private student loan. You can use our student loan comparison tool to search, compare, and apply for a student loan for Hofstra, and cover the remainder of your college costs in a responsible manner.