Comparing Financial Aid? Ask These Questions!

For many high school seniors and their families, the college selection process includes a comparison of financial aid offers. As you narrow your list and weigh your options, there are a few important questions to consider. Keep this list handy as you compare financial aid packages:

  • What is the renewal criteria for my financial aid? Does your financial aid package include an academic scholarship? If so, be sure to check the criteria for scholarship renewal. Academic scholarships at Hope are guaranteed through your sophomore year and renewable for your two remaining years if you maintain a cumulative GPA of 3.0 or 2.75, depending on the scholarship. We want to ensure you have time to be involved with activities outside the classroom — internships, student clubs, service projects and more — that help build a strong resume for the next steps in your career.
  • Does my financial aid apply to off-campus programs such as study abroad? Your financial aid at Hope, including merit-based scholarships, travels with you for any Hope-approved off-campus programs.
  • What is the school’s graduation rate? How feasible is it for students in your preferred academic program to graduate within four years? At Hope, 87 percent of our graduates finish in four years or less.
  • What type of learning environment do you prefer? The most valuable financial aid is one that supports your education in an environment where you will thrive. Consider the factors critical to your success, including:
    • Academic offerings: Does the college offer the majors and minors you’re seeking?
    • Size of school: Where do you see your best fit — at a large, mid-sized or small school?
    • Faith: Is an active faith community important to your personal development?
    • Faculty-student relationships: How closely do faculty collaborate with students, not just in terms of faculty-to-student ratio, but also in the quality of interaction?
    • Mentorship: What kind of one-on-one attention will you receive — from academic advising to academic coaching — from career advising to preparing for graduate school?
    • Opportunities: What opportunities exist for off-campus study, hands-on research and creative performance? Can you participate in athletics, student clubs, and volunteer with service and leadership programs?
    • Sense of community: What words would you use to describe the community you’re seeking? Tight-knit? Friendly? Safe? Active? Fun? Social?
    • Support services: What services would be beneficial to you? Academic success center? Group study and peer partnership programs? Counseling and psychological services? Health center?

We are eager to help you answer these questions and any others you may have. Schedule a campus visit to talk to us in person, or contact us at admissions@hope.edu or 616.395.7850. We can’t wait to tell you more about what makes Hope such a special place!

Leave a Reply

Your email address will not be published.