• Admission & Financial Aid

    Tuition Advantage Award Scenarios

  • Below are a few scenarios to illustrate how the Tuition Advantage works. This is only for those students who are selected as recipients of the Tuition Advantage scholarship.

    We start with determining the difference between Hendrix College tuition and fees and your state flagship institution’s tuition and fees. From this difference, we will subtract any Hendrix College merit scholarships and grants that you have been awarded. Any remaining difference will be made up with the Tuition Advantage scholarship. Every student’s aid award will look different, but in the end, you will pay no more in tuition and fees than your state flagship institution’s published rate. From this amount, any outside scholarships, state aid, and federal aid will be deducted to arrive at the final amount due for tuition and fees. Remember, outside aid amounts below are just examples. Your situation may vary. 

    SCENARIO: Arkansas Resident

    Published Tuition and Fees:
    Hendrix College $33,350 vs University of Arkansas $9,384

    Hendrix Aid  
    Academic Scholarship $21,000
    Hendrix FAFSA Early Filer's Grant $1,000
    Tuition Advantage $1,966
    Total Hendrix Aid: $23,966

     Hendrix tuition and fees – Hendrix aid = $9,384  (same as UA) 

    Minus Outside Aid  
    Arkansas Academic Challenge $1,000
    Outside Scholarship $2,000
    Pell Grant $1,000
    Tuition balance after all aid: $5,384


    SCENARIO: Texas Resident

    PUBLISHED TUITION AND FEES:
    Hendrix College $ 33,350 vs University of Texas Austin $11,116    

    Hendrix Aid  
    Academic Scholarship $21,000
    Hendrix FAFSA Early Filer's Grant $1,000
    Tuition Advantage $234
    Total Hendrix Aid: $22,234 

    Hendrix tuition and fees – Hendrix aid = $11,116  (same as UT) 


    Minus Outside Aid  
    Outside Scholarship $2,000
    Pell Grant $1,000
    Tuition Balance after all aid: $8,116