Paying For College - Hood College

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The benefits of attending a private college in general—and Hood College in particular—are clear: professors who focus on teaching

undergraduates, a low student-to-faculty ratio and small classes mean you’re guaranteed a more personalized education. Living on a small, residential campus, you will enjoy more chances to get involved, take on leadership roles and forge close friendships. And Hood’s Career Center and accessible alumni actively work to help students prepare for life after graduation. Because we appreciate that families are concerned about the cost of a college education, we are committed to supporting students in their quest to make a Hood College education an affordable option.

Is Hood College affordable? You bet it is. While public colleges generally have lower tuition rates, there is more to the equation of affordability than tuition. When comparing costs at public vs. private colleges, it is important to look beyond the sticker price to see what types of financial support are offered. Government loans are standardized, but scholarships and grant awards vary, which can affect your out-of-pocket expenses. Private institutions have more freedom in offering aid, whereas their public counterparts often face budgetary constraints. Most private colleges offer additional aid to students and scholarships that are more generous. Be sure to carefully evaluate financial aid offerings and options for any school you are thinking about attending. Below is an example of a financial aid package:

Hood College

Public University

$43,210

$18,800*

Scholarships and Grants

$20,900

$0

Loans

$5,500

$5,500

Work

$2,000

$2,000

Total Financial Aid

$28,400

$7,500

Total Net Cost to Family

$14,810

$11,300

Tuition, Fees, Room and Board Financial Aid

*In-state tuition


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