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Making
it Affordable
The following profile information
displays the actual numbers of dependent students who received need-based
aid at Hope during the [2006-2007] academic year. Within the various
ranges of total parental income (including both taxable and non-taxable
income),
the number of eligible applicants is displayed for each income category
along with the average amounts of financial aid received by these
students.
It is important to keep in mind that the figures listed under the
heading "Average Amount of Aid Packages" (far right column)
are influenced by a family's size, assets, and individual circumstances.
Freshman
Financial Aid Applicant Income Profiles*
| Total Parental Income |
Number of Applicants |
Number Eligible for Financial Aid
|
Average Amount of Aid Package |
| $0-10,000 |
38 |
36 |
$27,449 |
| $10,001-20,000 |
36 |
36 |
$22,362 |
| $20,001-30,000 |
91 |
91 |
$23,779 |
| $30,001-40,000 |
123 |
123 |
$23,225 |
| $40,001-50,000 |
148 |
145 |
$21,398 |
| $50,001-60,000 |
177 |
173 |
$20,162 |
| $60,001-70,000 |
170 |
164 |
$18,671 |
| $70,001-80,000 |
206 |
198 |
$15,798 |
| $80,001-90,000 |
186 |
172 |
$14,378 |
| $90,001-100,000 |
167 |
159 |
$13,084 |
| $100,001-110,000 |
134 |
112 |
$12,902 |
| $110,001-120,000 |
110 |
89 |
$11,088 |
| $120,001+Over |
573 |
192 |
$9,394 |
| Totals/Averages |
2,159 |
1,690 |
$16,795 |
*The following qualifiers should be noted when reviewing
the above profiles:
- The above profile information displays the
actual numbers of dependent students who received need-based aid
at Hope during
the 2006-2007 academic year.
- The total parental income figure includes both
taxable and nontaxable income.
- The average family represented above consists
of four family members with one child attending college.
- Aid package values above are for students receiving
merit scholarships
as well as those who are not receiving them.
- If a family holds significant assets, the above
figures may not be applicable.
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