Each year, Hood College awards more than $6 million in merit-based scholarships, including scholarships for first-year students entering from high school as well as for students transferring from other colleges. Students admitted to Hood are automatically considered for most merit scholarships, the majority of which are renewable for up to four years (although some require a minimum G.P.A. for their renewal). Overall academic performance, specific academic achievements, leadership and participation in school and community activities are important factors in awarding scholarships to both first-year and transfer students.
Applying for Scholarships
Applying for merit scholarships couldn't be easier—students admitted to Hood are automatically considered for merit scholarships (except for the Honors Program Scholarship, the Hodson-Gilliam Diversity Scholarship and the Hood Heritage Scholarship, which require separate applications). Some of the scholarships do have application deadlines, as noted. Priority for other scholarships is given to students who have completed their application by Feb. 15.
Grants and scholarships are a gift form of financial aid that do not have to be repaid.
Federal Pell Grant
Federal Pell Grants are available through the federal government. The Pell Grant Program provides aid for students with exceptional need. Pell Grants are awarded only to undergraduate students who have not earned a bachelor's or professional degree. To determine eligibility, Hood College considers the Expected Family Contribution (EFC), reported on the Student Aid Report (SAR), which is calculated by the U.S. Department of Education. The amount received depends not only on the student's EFC but also on tuition, full-time or part-time status and whether attendance is for a full academic year.
Federal Supplemental Educational Opportunity Grant (FSEOG)
FSEOG is for undergraduates who demonstrate exceptional financial need. Priority is given to Federal Pell Grant eligible students who have the greatest need and who meet the Feb. 15 deadline. Funding is limited; therefore, not all Federal Pell Grant–eligible students will receive FSEOG funds. Grants range from $100 to $4,000 per year, depending on when a student applies, the level of need and the funding level provided by the federal government to the College.
Hood Grants are awarded to full-time undergraduates with demonstrated financial need. Priority is given to students meeting the Feb. 15 deadline. Funding is limited; therefore, not all students meeting the criteria will receive a Hood Grant.