Scholarships, Grants, and Loan Trends at Hendrix

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,190, which is 99.67 % of all undergraduate students. 582 students which is 48.56% of undergraduate students received federal student loans and the average loan amount is $6,394.

For full-time, first-time beginning students (freshmen), 100.00% of students received grants or scholarships and 51% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Hendrix College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,190, which is 99.67 % of all undergraduate students. 582 students which is 48.56% of undergraduate students received federal student loans and the average loan amount is $6,394.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,319 (100%)$28,895269 (20%)$4,149653 (49%)$6,614
2015-161,303 (100%)$30,794251 (19%)$4,459657 (50%)$6,595
2016-171,298 (100%)$32,725302 (23%)$4,213697 (54%)$6,500
2017-181,218 (100%)$34,697348 (29%)$4,476638 (52%)$6,583
2018-191,197 (100%)$38,255358 (30%)$4,518580 (48%)$6,448
2019-201,101 (99%)$40,826331 (30%)$4,662564 (51%)$6,315
2020-211,061 (100%)$44,484304 (29%)$4,773454 (43%)$6,133
2021-221,098 (100%)$40,765278 (25%)$4,695490 (45%)$6,206
2022-231,115 (98%)$36,101265 (23%)$5,059507 (45%)$6,148
Average1,190 (99.67%)$36,394301 (25.33%)$4,556582 (48.56%)$6,394
*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 10 years, on average, 331 (100.00 % of students) received grants or scholarships and its average amount is $35,911. It can cover 94.01% of tuition & fees ($38,200).

In addition, 171 (51.44 % of students) students get helped from the students loans (average amount : $7,080).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15314 (100%)$29,208173 (55%)$7,515
2015-16396 (100%)$33,322217 (55%)$6,817
2016-17350 (100%)$35,974213 (61%)$7,425
2017-18338 (100%)$37,223180 (53%)$6,775
2018-19309 (100%)$42,156134 (43%)$6,570
2019-20284 (100%)$43,140152 (54%)$6,130
2020-21309 (100%)$45,130132 (43%)$6,368
2021-22315 (100%)$28,769148 (47%)$7,998
2022-23363 (100%)$28,277187 (52%)$8,124
Average331 (100.00%)$35,911171 (51.44%)$7,080
*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 10 years, on average, 92 (27.67 % of students) received Pell (federal) grants and its average amount is $4,550.

In addition, 166 students received State/local government grants/scholarships (50.33 % of students).

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
2014-1565 (21%)$3,99741 (13%)$999138 (44%)$4,221314 (100%)$26,395
2015-16104 (26%)$4,38271 (18%)$980210 (53%)$4,273396 (100%)$29,730
2016-17109 (31%)$4,23054 (15%)$940200 (57%)$3,572350 (100%)$32,470
2017-18127 (38%)$4,46364 (19%)$1,013187 (55%)$2,928338 (100%)$33,734
2018-1994 (30%)$4,49377 (25%)$981182 (59%)$3,552309 (100%)$38,453
2019-2087 (31%)$4,79572 (25%)$979165 (58%)$3,438283 (100%)$39,565
2020-2188 (28%)$4,653226 (73%)$811148 (48%)$3,769309 (100%)$41,407
2021-2267 (21%)$4,859315 (100%)$1,441142 (45%)$3,211315 (100%)$24,847
2022-2384 (23%)$5,08183 (23%)$946125 (34%)$3,971363 (100%)$25,518
Average92 (27.67%)$4,550111 (34.56%)$1,010166 (50.33%)$3,659331 (100.00%)$32,458
*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 10 years, on average, 171 (51.44 % of students) get any students loan help and its average loan amount is $171.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15173 (55%)$7,515173 (55%)$5,82021 (7%)$13,961
2015-16217 (55%)$6,817217 (55%)$5,98413 (3%)$13,902
2016-17213 (61%)$7,425212 (61%)$5,86026 (7%)$13,048
2017-18180 (53%)$6,775179 (53%)$6,07815 (4%)$8,767
2018-19134 (43%)$6,570132 (43%)$5,20315 (5%)$12,903
2019-20152 (54%)$6,130151 (53%)$5,02315 (5%)$11,555
2020-21132 (43%)$6,368128 (41%)$5,36313 (4%)$11,854
2021-22148 (47%)$7,998147 (47%)$5,02732 (10%)$13,899
2022-23187 (52%)$8,124180 (50%)$5,02740 (11%)$15,359
Average171 (51.44%)$7,080169 (50.89%)$5,48721 (6.22%)$12,805

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