Financial Award Package

After financial need is determined, the Office of Financial Aid can begin to put together a financial award “package.” Each student’s financial situation is different, so each package is unique. An award package will include one or more types of financial aid. The most common types include: scholarships, grants, loans and work-study.

All need-based awards are made in accordance with three criteria: enrollment in a degree-granting program at Hood College, demonstrated financial need and the student’s ability to maintain satisfactory academic progress. For many of the need-based financial aid programs, students must be enrolled for at least 6 credits per semester. In addition, for a student to be eligible for any federal financial aid, the student must be a U.S. citizen or permanent resident of the United States; have a high school diploma or equivalent; not be in default on a Federal Perkins Loan or Federal Stafford Loan; and be registered with Selective Service (if required).

Students who qualify for financial aid are notified in the form of a financial award letter.

Typically, this award letter is sent to accepted students in their admission packet. Continuing students will receive their award letters beginning in April prior to the fall semester upon receipt of their renewal application for financial aid and any other required documents.

All financial aid forms are located on the Financial Aid page of the Hood website.