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Financial Aid

Affording a Hood Education

While the advantages of attending a small private college like Hood may be clear, the affordability might not be so apparent. Through financial aid and generous scholarships, Hood may actually cost less than a public college. In other words, the academic experiences, community life and post-graduation preparation that Hood offers make it more valuable—not more expensive.

In Kiplinger’s Personal Finance magazine, Hood College is one of only 50 private colleges and universities—which include MIT, Duke, Yale and Johns Hopkins—that qualify as “best values.” Hood is also ranked year after year by U.S. News & World Report as a “Great School at a Great Price,” noting Hood’s academic quality and generous merit- and need-based financial support for students.

 Welcome to the Hood College Office of Financial Aid

Hood’s Office of Financial Aid helps students and their families develop a financial plan to make a Hood College education affordable. One Hood student in five receives an honors scholarship, and more than 95 percent of undergraduates receive some form of financial aid. Most families rely on the following resources to help with college finances:

  • Merit Scholarships (Selected by the admission counselor)
  • School Grants
  • Federal and state government grants and loans
  • Private scholarships and grants (civic and professional organizations, private businesses)
  • Private loans
  • Student employment

Other sources include the federally funded, low-interest Parent Plus Loan, which allows parents to borrow the total cost of undergraduate education, including tuition, room and board, books and other expenses. Hood also offers an 8–12-month interest-free payment plan via the accounting office to help with college expenses not covered by scholarships, grants, government loans or other forms of aid. 

Financial Aid Deadlines

Priority application deadline for financial aid is Feb. 15. You are highly encouraged to submit the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov by that date to receive full consideration for grants. For Hood College to receive FAFSA results, you will need to list our school code, 002076. If you miss the Feb. 15 priority deadline, we still encourage you to apply for financial aid, but applications submitted early are given first priority for limited grant funding. For more information, contact Hood’s financial aid staff at 301-696-3411 or finaid@hood.edu.

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