Hendrix offers need-based and achievement-based aid. Need-based aid depends
on a family's financial resources. Merit-based aid is awarded for academic achievement
and particular talents. The different types of aid offered at Hendrix are as
- Scholarships are awarded
for academic achievement, leadership and service experience, and performance
in the fine arts.
- Grants are awards that
do not have to be repaid.
- Loans require repayment,
but typically not until after graduation. Loans frequently offer low-interest
rates and long terms.
Other Types of Aid include student employment, which provides pay for
work on campus and includes Federal Work Study, and United Methodist Aid,
which offers awards to students who are United Methodist.