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What is the average financial aid amount at Hope College?

For the academic year 2022-2023, total 835 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 3,050 students (97% of all students) received grants or scholarships and the average grant amount is $19,771. In addition, 1,519 students received student loans and the average loan amount is $6,166.

Below tables show the number and amount by source of financial aid at Hope College.
All Undergraduate Student Financial Aid at Hope College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,05097%$19,771
Pell Grants51416%$4,640
Federal Student Loans1,51948%$6,166
Beginning Students (Freshmen) Financial Aid at Hope College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid835100%-
Grants or Scholarship from All Sources835100%$24,880
Federal Grants835100%$1,773
Pell Grants16119%$4,741
Other Federal Grants835100%$859
State/Local Grants29335%$2,754
Institutional Grants82399%$22,464
Student Loans43552%$7,428
Federal Student Loans43051%$5,102
Other Student Loans648%$16,207

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