Hendrix College

In 2022, tuition for full-time students at Hendrix College was $36,300 a year.

In 2023, tuition increased 4.46%–from $34,750 the previous year. On average, colleges raise tuition about 3% each year.

If this information makes going to college feel scary, remember, the total cost of tuition isn't the final cost for attending college. Many students owe a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make theprice of collegemore manageable until you're done with college.

Hendrix College meets 88.3% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Hendrix College is around $31,300 a year.

Graduates in the class of 2023 had an average of $25,474 in student loans per borrower.

Hendrix College: In-state vs. Out-of-State Tuition

Hendrix College is a private, religious institution, so it has the same tuition for students from Arkansas as it does for residents from other states.

Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for those who qualify as Arkansas residents.

Attending a college where you are eligible for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Don't forget to confirm your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria as well, depending on the state you and your parents currently reside in.

Explore other Arkansas colleges

Tuition for International Students at Hendrix College

Hendrix College has the same tuition for international students as for those from out of state.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may qualify for the following types of financial support at Hendrix College:

•On-campus jobs •Loans from outsideHendrix College •Hendrix College-specific scholarships •International Students Tuition Waivers

International students without financial need may be eligible for merit-based institutional scholarships.

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Hendrix College Living Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Hendrix College.

House and Food Costs at Hendrix College

Room and board at Hendrix College costs $14,300 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that enables you to eat in the Hendrix College's on-campus cafeterias and dining facilities. Students who live off campus but would like to be able to eat in the campus dining can pay for a meal plan. The cost of board-only is $3,856.

Meal-plan costs can depend on the number of meals you intend to eat on-campus

How Much Do Books Cost at Hendrix College?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

Keep in mind, there could also be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges have resources so that those with demonstrated need to find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at Hendrix College

The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your transportation budget. At Hendrix College, freshman are allowed to park on campus.

A school's location can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city might be pricey, but cities may offer more trains, busses or affordable flights to actually get to school. The Hendrix College campus is in a suburb in Arkansas, not far from Little Rock.

Other Costs

When creating a budget for college, don’t forget to leave some room in your budget for personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Financial Breakdown for Hendrix College

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Hendrix College.

How Much Does Hendrix College Cost?

What will the cost of attending Hendrix College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$36,300
Room and Board	$14,300
Board Only	$7,200
Other expenses	$1,800

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$52,750
Off-Campus	$45,650

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at Hendrix College

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The majority of Hendrix College undergrads use financial aid to finance their education. In 2023, 668 of the 1,130 undergrads enrolled received financial aid. Hendrix College meets 88.3% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $31,300 a year. Around 44% of Hendrix College undergrads take out student loans to cover any remaining costs. Hendrix College graduates who have student loans graduate with an average of $25,474 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$21,894
Private Loans	$27,679

Most Common Loans for Hendrix College Students
Federal Loans	44%
Private loans	6%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Hendrix College financial aid, keep reading, or visit their financial aid website.

Scholarships at Hendrix College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Hendrix College awarded 668 need-based scholarships to students, giving away total of $22.5 million to help students with financial need cover the cost of school. An additional $16.87 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Hendrix College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Hendrix College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Hendrix College was $31,300 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hendrix College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$21,450
Off-Campus	$14,350

What will attending Hendrix College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Hendrix College's net cost calculator on their website.

Hendrix College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Hendrix College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Hendrix College has some full or partial tuition waivers available for: - International Students

Check the financial aid website for more information on payment plans and tuition waivers.

Hendrix College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Hendrix College's endowment was valued at $219.5 million in 2023, compared to a national average of $905 million. For each full-time student, Hendrix College spends about $12,168 a year.

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Learn More About Hendrix College

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