. . . the Investment of Your Life
Investing in your education is a serious undertaking and commitment. Fortunately, at HSU, a staff of professional financial aid officers can be a part of your financial strategy implementation.
Our extensive scholarship and financial aid packaging begins with receipt of information about you, coming from your FAFSA (Free Application for Federal Student Aid), which you have completed and submitted to HSU. Keeping in mind that it is the responsibility of the student and the family to pay for higher education, we take your "Expected Family Contribution" (EFC) – the amount of money your family can afford to spend on your education, and compare it to the direct costs you will have. It is that difference between those direct costs and your EFC – called financial need – you and we together will work toward solving.
Two different kinds of financial aid will be used – need-based financial aid and merit-based financial aid. Need-based funds come from grants, gifts, and loans. Merit-based funds or scholarships are determined and awarded to you according to academic achievement, leadership, artistic talent or other distinguishing personal qualities that may separate you from the scholarship applicant pool. Merit-based aid doesn’t consider your family’s financial circumstance, but is awarded on the basis of merit alone. Aside from artistic talent scholarships, there is no form you need to complete or submit; we evaluate every student for merit-based aid.
FINANCIAL AID PROFILE
Students are always interested to learn what their chances for receiving financial aid are. At HSU, more than 87% of our students receive some form of financial aid – grants, scholarships and/or loans. According to an individual student’s family and their ability to contribute to the amount you will spend, some students only seek small amounts of outside financial assistance, some utilize loans as a means for making most of their payments, and other students receive financial assistance from a number of scholarships coming from both inside and outside the university, permitting them to fully pay for their expenses without seeking any loans at all.
FINANCIAL AID LITERACY
TGSLC, the Stafford and PLUS loan guarantor and the national Education Finance Council provide additional, detailed information regarding debt management, student budgeting, use of credit, how to protect your personal financial information and several other important topics dealing with your personal finances and going to a college or university.
Click
HERE to connect to the TGSLC Financial Literacy Site
Click
HERE to connect to the EFC Financial Literacy Site