First-Year & Transfer Students

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Your financial need is the difference between your family contribution and what it costs to attend Hollins.

A typical Hollins financial aid award may include scholarships, federal grants, loans, and work study. Hollins, like most private colleges and universities, distributes larger financial aid awards than public universities.

instructions

  1. Start by checking “yes” to the financial aid request on your Hollins application. We’ll send you the appropriate forms, including a brochure on how you can submit the Free Application for Federal Student Aid (FAFSA) online. Our school code is 003715.
  2. You’ll receive a Student Aid Report (SAR) from the Department of Education with an Estimated Family Contribution (EFC). This is the estimated amount your family can contribute to your education.
  3. We calculate the cost of your education (including tuition, books, room and board, personal expenses, transportation) and deduct the EFC to determine your need. This is the difference between what your family pays and Hollins’ price.
  4. Many factors determine a need-based financial aid award:
    • Number in family
    • Number in college
    • Consumer Price Index in the state of residence
    • Assets
    • Business assets
    • Other financial aid resources

Hollins, virginia & federal grants/loans

Award Amount Eligibility
Hollins Grant Varies Hollins offers grants and endowed awards to those who demonstrate financial need. Awards range from $500 to $10,000.
Federal Awards:

  • Pell Grant
  • SEOG Grant
  • College Work Study Program
  • Perkins Loan
  • Stafford Student Loan
Varies Based on FAFSA results and fund availability
Virginia Transfer Grant $1,000 – $2,000 Need-based; for those who graduate with an associate’s degree from a Virginia community college; 3.0 GPA required
Virginia Tuition Assistance Grant (VTAG) $3,100 (estimated) Students must complete a Virginia Tuition Assistance Grant (VTAG) application by July 31 and must be a full-time student.

Finance Plans

Budget Payment Plan Parents can pay fees for tuition, room, and board in 10 monthly installments, interest free.
PLUS (Parent Loans) Parents may borrow funds from the U.S. Department of Education at a fixed-interest rate. Payments begin during the academic year but may be deferred until graduation. A credit check is required and the standard repayment term is 10 years. Parents can borrow the difference between the total financial aid package and the cost of education (including books and transportation).

Veterans’ Educational Benefits