Financial Aid for Undergraduate Students

Hamline University a picure view to Anderson Center

First year and transfer students financial aid info

At first glance, the price of a college education may seem overwhelming—but with a closer look, you’ll find many ways that cost can be different than the sticker price. At Hamline, we’re dedicated to providing you with an exemplary education at a reasonable rate. Our admission counselors and financial aid team will work with you and your family or guardians to ensure you get the most out of your college experience without sacrificing peace of mind.

Ready to start the process? Complete the FAFSA

To be eligible for any of the financial aid opportunities listed above, you first have to complete the Free Application for Federal Student Aid (FAFSA).

The FAFSA form for students entering college in the school year of 2024-2025 is available. 

New to the process? Don't worry; we'll walk you through how to apply for financial aid. 

Learn how to apply for financial aid

Value, by the numbers

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Homecoming

Best value

1st

Hamline was ranked as the best value university in Minnesota by U.S. News & World Report

Generous offers

40k

Average value of financial aid packages for incoming undergraduates

Wide eligibility

95%+

Percentage of undergraduates who receive some form of financial aid

 

Average offer for first year student with financial need, 2022-23
Average offer for first year student with financial need, 2022-2023
66.3% Hamline scholarships and grants
12.5% Loans to the student
8.4% State grant/scholarship
6.4% Federal grant/scholarship
5.1% Work study
1.3% Outside grant/scholarship

 

What does an average financial aid package look like?

An average financial aid package is made up of several things, which can include scholarships and discounts that do not have to be repaid, on-campus employment, and loans. Represented here is the average financial aid package offered to first year students with financial need for the 2022-2023 school year. 

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Hailey Belflower Hamline Transfer Student  holding a coffee at Hamline University

Money and loans are stressful, but the financial aid office was so informative. They walked me through the financial aid steps and highlighted the most important parts of what it would look like down the line. It's hard to come to a university thinking, 'Oh my gosh, it's so much money, what am I supposed to do?' But after sitting down with them, I was totally confident that I could do this."

Hailey Belflower '21, Biology; patient access specialist at Allina Health, Inver Grove Heights, Minnesota

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