If I receive a HOPE Scholarship, do I still need to take student loans?

HOPE recipients will have the cost of their Hollins tuition fully covered for four years through a blend of academic merit scholarship, need-based federal and institutional aid, and the Virginia Tuition Assistance Grant. HOPE scholars who choose to live on campus may apply federal loans to the cost of room and board. HOPE Scholars will be required to maintain satisfactory academic progress, file a FAFSA annually, and maintain Virginia residency.