Scholarships, Grants and Loans
Lowering Your Cost
You’ve worked hard. You’re a great student. You’ve demonstrated leadership and service. You’ve excelled in fine arts performances. Now it’s time for your hard work to pay off.
Scholarships can help you lower the cost of your Hendrix education. Here are available scholarships, including some of the details. Have scholarship questions? Contact your Hendrix admission counselor for answers.
Hendrix Achievement-Based Scholarships
Eligibility: Based on GPA, standardized test scores (unless test optional), leadership and extracurricular activities, recommendations
Amount: $20,000 and up
Application: All accepted students receive an award based on a holistic review of their application materials.
Notes: On-Campus Housing Required
Esports Scholarship
Eligibility: Based on the promise of contribution to the Esports team. Selected via Esports program.
Amount: $2,000 per year
Notes: On-Campus Housing Required
United Methodist Youth Fellowship Leadership Scholarship
Eligibility: Leadership in United Methodist youth ministries required. Selected via application.
Amount: $2,000 per year
Notes: On-Campus Housing Required
Miller Center Service Scholarship
Eligibility: Demonstrated record of service and volunteer work. Selected via application.
Amount: $2,000 per year
Notes: On-Campus Housing Required
Phi Theta Kappa Scholarship
Eligibility: Transfer students who are members of Phi Theta Kappa Honor Society and have this designation reflected on their transcripts.
Amount: $2,000 per year
Notes: On-Campus Housing Required
Performing and Fine Arts Scholarship
Eligibility: Based on talent in music, theatre, dance, and art; open to non-majors. Selected via audition.
Amount: $2,000 per year
Notes: Audition Required; On-Campus Housing Required
State of Arkansas Scholarships
Eligibility: Visit the Arkansas Department of Higher Education’s website below.
Amount: The scholarship amount is determined each February for new students enrolling during the following fall.
Notes: Arkansas residents only.
Application: Complete the Arkansas Department of Higher Education’s application below.
Eligibility: Academic achievement and test scores
Amount: $1,000 freshman year, $4,000 sophomore year, $4,000 junior year, $5,000 senior year
Notes: Arkansas residents only.
Application: Complete the Arkansas Department of Higher Education’s application below.
Non-Hendrix Scholarships
Hendrix College is a Collegiate Partner of Scholarship America and the Dollars for Scholars (United Methodist Higher Education Foundation) family of community scholarship foundations. Hendrix has agreed that Dollars for Scholars awards of up to $1,000 per student will not adversely affect scholarship funding provided by Hendrix.
We encourage students to apply for outside scholarships from community organizations, employers, civic groups, foundations, and other reputable sources. Even small scholarships can add up and help reduce educational expenses and borrowing.
While many legitimate scholarship opportunities exist, students should also be aware of scholarship scams. As you search and apply, stay aware. Never pay a fee to apply for, search for, or receive a scholarship. Avoid providing sensitive personal information such as bank account numbers, credit card information, or your social security number.
To let us know about your outside awards, please send proof of award (congratulatory notification) and amount to the Office of Financial Aid via email at student_aid@hendrix.edu or our secure upload site hendrix.edu/faupload. Once we receive this information we will include the amount of the scholarship in your financial aid award package. Outside scholarships can be stacked on top of your Hendrix Achievement-Based Scholarships until cost of attendance is reached.
Any admitted El Dorado High School student who qualifies for the El Dorado Promise is eligible to compete for the Murphy Foundation Scholarship Award at Hendrix College. This competitive scholarship will cover:
- Full tuition
- Fees
- Standard double-occupancy room
- Unlimited meal plan
Three students will be selected through a competitive process to receive this last-dollar scholarship, which is applied after the El Dorado Promise, state aid, and federal Pell Grant funds. This scholarship will replace any previously awarded Hendrix merit-based aid.
Students who are not selected as one of the three recipients will still receive a $4,000 Murphy Foundation Scholarship, awarded in addition to their existing Hendrix merit scholarship.
Grants
Grants are awards that do not have to be repaid.
Eligibility: Need-based
Amount: Determined Annually
Program: Federal
Application: FAFSA must be completed
Eligibility: Need-based
Amount: $100-$4,000 per year
Program: Federal
Application: FAFSA must be completed
Loans
Federal student loans require payment, but typically not until after you cease being enrolled in college at least at a half-time level. Parent loans, such as the Federal Parent Loan for Undergraduate Students (PLUS), require payments while the student is in school beginning 60 days after the loan is fully disbursed. Both types of loans typically offer low-interest rates and long repayment terms.
PLUS Loan
Eligibility: Borrower must be parent of student
Amount: Cost of attendance less other financial aid
Benefit: Fixed, affordable monthly payments
Program: Federal
Application Deadline: Fall – December 1st, Spring – May 1st
Apply for a PLUS Loan:
- Visit studentaid.gov
- Select I am a Parent of a Student and click the learn more button
- Click the blue log in to start button
- Log In using your FSA ID Username and Password
Subsidized Stafford Loan
Eligibility: Need-based
Amount: $3,500-$5,500 depending on class year
Benefit: Deferred repayment until after graduation or a student falls below half-time.
Program: Federal
Application Deadline: Fall – December 1st, Spring – May 1st
Unsubsidized Stafford Loan
Eligibility: All students
Amount: $2,000-$7,500 depending on class year
Benefit: Deferred repayment until after graduation or a student falls below half-time. Interest begins accruing at time of disbursement.
Program: Federal
Application Deadline: Fall – December 1st, Spring – May 1st
Lenders are listed based upon their historical lending with our students. Lenders represented on this list have been utilized by our students in the last three years. This list is reviewed and updated on a regular basis to include any new lenders utilized by Hendrix students. If you wish to use another lender that is not on this list, you have the right to do so.
Other Types of Aid
Other types of aid include student employment, which provides pay for work on campus and includes Federal Work Study, and United Methodist Aid, which offers awards to students who are United Methodist
Federal Work-Study
Eligibility: Federal Work-Study provides jobs for students with financial need so they may earn money to cover part of their educational expenses. Job opportunities are available on campus in various academic and administrative departments.
Campus or Off-Campus Employment
Eligibility: Campus and off-campus jobs are open to all students without regard to financial need.
United Methodist Minister’s Dependent Grant
Amount: 50 percent of tuition per year. Stacking policies apply. Check with the Office of Financial Aid for details.
Eligibility: Recipients must be a dependent of a Methodist minister under full-time appointment and have a letter from the District Superintendent forwarded to the Office of Financial Aid.
Ministerial Student Loan / Grant Program
Amount: 50 percent of tuition per year
Eligibility: Students preparing for ordained ministry in the United Methodist Church may qualify for a loan of half-tuition provided they meet certain criteria, including certification as a candidate for ministry in the United Methodist Church, and receive the approval of the financial aid committee. Once the student is ordained in the United Methodist Church and enters the full-time ministry, the loan will become a grant. Those students who later decide not to enter the ordained ministry in the United Methodist Church will be expected to repay the loan at six percent interest within five years after graduation.
United Methodist Student Loans
Amount: $5,000 maximum per year
Eligibility: Members of the United Methodist Church are eligible for low-interest loans of up to $5,000 per calendar year. The United Methodist Church General Board of Higher Education and Ministries determines the recipients.
Application: Application forms are available in the Office of Financial Aid.
United Methodist Student Scholarships
Amount: Amounts vary
Eligibility: The United Methodist Church General Board of Higher Education and Ministries offers scholarships to students from various backgrounds. Applicants must be active members of the United Methodist Church and maintain a GPA of 2.5 or above.
Application: Application forms are available in the Office of Financial Aid and online.
UMHEF Dollars for Scholars Program
Amount: $1,000 maximum per year
Eligibility: The United Methodist Higher Education Foundation (UMHEF) offers a limited number of matching scholarships to United Methodist-related institutions. These scholarships offer $1,000 to students whose home churches provide a matching $1,000.
Application: Applications are available online or by calling (800) 811-8110.
Contact the Office of Financial Aid
Office hours are Monday through Friday from 8 a.m. – 5 p.m. (CST)
Phone
Address
Dawkins Welcome Center
1600 Washington Avenue
Conway, AR 72032-3080
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