Over the past 8 years (2015-2022), the average number of students who received grants aid/scholarships is 55, which is 34.14 % of all undergraduate students. 62 students which is 39.71% of undergraduate students received federal student loans and the average loan amount is $7,261.

For full-time, first-time beginning students (freshmen), 52.83% of students received grants or scholarships and 56% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Hope College of Arts and Sciences since 2015.

For that period, the average number of students who received grants aid/scholarships is 55, which is 34.14 % of all undergraduate students. 62 students which is 39.71% of undergraduate students received federal student loans and the average loan amount is $7,261.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1610 (9%)$3,0458 (7%)$3,8078 (7%)$6,834
2016-1790 (69%)$2,68490 (69%)$2,58198 (75%)$6,247
2017-1897 (71%)$4,58497 (71%)$4,584134 (98%)$5,503
2018-1994 (51%)$4,98294 (51%)$4,982115 (63%)$6,625
2019-2022 (8%)$3,35522 (8%)$3,35520 (7%)$9,156
2020-2120 (11%)$5,11917 (10%)$5,18716 (9%)$11,938
2021-2249 (20%)$6,10127 (11%)$3,36546 (19%)$4,524
Average55 (34.14%)$4,26751 (32.43%)$3,98062 (39.71%)$7,261
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 8 years, on average, 13 (52.83 % of students) received grants or scholarships and its average amount is $4,663. It can cover 15.14% of tuition & fees ($30,791).

In addition, 16 (56.20 % of students) students get helped from the students loans (average amount : $5,845).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-16----
2016-1722 (100%)$3,31822 (100%)$4,700
2017-1821 (75%)$5,81125 (89%)$5,801
2018-1925 (71%)$4,64925 (71%)$6,961
2019-206 (17%)$2,9696 (17%)$6,400
2020-213 (50%)$4,733--
2021-221 (4%)$6,4951 (4%)$5,364
Average13 (52.83%)$4,66316 (56.20%)$5,845
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 8 years, on average, 15 (53.40 % of students) received Pell (federal) grants and its average amount is $4,566.

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2015-16--------
2016-1722 (100%)$2,9081 (5%)$9,027----
2017-1821 (75%)$5,811------
2018-1925 (71%)$4,649------
2019-206 (17%)$2,969------
2020-21------3 (50%)$4,733
2021-221 (4%)$6,495------
Average15 (53.40%)$4,5661 (5.00%)$9,027--3 (50.00%)$4,733
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 8 years, on average, 16 (56.20 % of students) get any students loan help and its average loan amount is $16.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-16------
2016-1722 (100%)$4,70022 (100%)$4,700--
2017-1825 (89%)$5,80125 (89%)$5,801--
2018-1925 (71%)$6,96125 (71%)$6,961--
2019-206 (17%)$6,4006 (17%)$6,400--
2020-21------
2021-221 (4%)$5,3641 (4%)$5,364--
Average16 (56.20%)$5,84516 (56.20%)$5,845--

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