Financial Aid A Hamline education is not only a sound investment, but a great value. We are proud to offer competitive financial aid and scholarship opportunities to our students, and we will work with your family to make sure Hamline stays affordable throughout your four years. How Do I Apply? How to apply for financial aid Financial Aid Packages A Hamline education is an investment that will change your life. Hamline offers competitive financial aid packages to make this investment affordable for families. Average financial aid package: $28,406 Percentage of families that receive any type of aid: 96% Percentage of students who receive Hamline gift aid: 92% Frequently Asked Questions Is there a quick way to determine if I will receive financial aid? Yes. Visit www.fafsa4caster.ed.gov and enter basic information to receive an estimate of your expected family contribution (EFC). If your EFC is less than Hamline’s costs, you will be eligible for need-based financial aid at Hamline, which may include federal, state, or Hamline monies. If your EFC is higher than our costs, you will still be eligible for merit-based scholarships, work study, and loan opportunities. If I don’t show eligibility for need-based financial aid, does Hamline offer scholarships? Academic scholarships are awarded to students regardless of family income or assets, and are based on high school transcript, accomplishments, and potential. How do I pay for Hamline? Hamline University is sensitive to the financial concerns of its students and families. We know that a quality education is a significant investment -- it is our objective to be your partner in this venture. To assist, we have established three payment plan options: Prepayment discount plan: Make one payment for the entire coming year’s tuition, fees, room and board (less any financial aid award) by June 15 and earn a 3 percent discount on the total cost. Contact the Office of Student Accounts by June 1 to have your 3 percent discount calculated. Semester plan: Make two payments—by August 15 for the fall semester and by January 15 for the spring semester. This is the default payment plan and you’ll be enrolled in this option unless you elect one of the other two plans. Installment plan: Make 10 monthly payments over the academic year. Payments are due beginning August 1 and ending May 1. The cost for the installment plan is $75 per year or $40 per semester. You may pay with cash, check, or MasterCard, Discover, VISA, or American Express credit cards with a convenience fee.