What is the maximum amount a family may borrow?
The maximum amount a family may borrow is the difference between the total cost of attendance for one year at Hendrix and the sum of all other scholarships and financial aid offered to the student. For instance, if the total cost of attendance (including books and incidentals) is $25,000 per year and a student has been offered a scholarship valued at $5,000 per year and other grants totaling $5,000 per year, the family may borrow $15,000 in that year.
