Financial Aid for Undergraduate Students
First year and transfer students financial aid info
At first glance, the price of a college education may seem overwhelming—but with a closer look, you’ll find many ways that cost can be different than the sticker price. At Hamline, we’re dedicated to providing you with an exemplary education at a reasonable rate. Our admission counselors and financial aid team will work with you and your family or guardians to ensure you get the most out of your college experience without sacrificing peace of mind.
Ready to start the process? Complete the FAFSA
To be eligible for any of the financial aid opportunities listed above, you first have to complete the Free Application for Federal Student Aid (FAFSA).
The 2025-2026 FAFSA is required for need-based financial aid consideration for students enrolling in the fall 2025, winter 2026, spring 2026, and summer 2026 semesters. According to the US Department of Education, the 2025-2026 FAFSA application should be available on and after December 1, 2024.
New to the process? Don't worry; we'll walk you through how to apply for financial aid.
Learn how to apply for financial aid
Value, by the numbers
Best value
Hamline is ranked as the #1 "Best Value" Regional University in Minnesota and 22nd in the Midwest
–U.S. News & World Report, 2023
Generous offers
Value of the average financial aid package for incoming first-year students with financial need*
Wide eligibility
of first-time, full-time, on-campus undergraduate students receive Hamline grants and scholarships.
*For new first-year students enrolled in fall 2023 with financial need, the average financial aid package was $46,712, per enrolled student data. This total includes gift aid, work-study, and loans to the students. Hamline Institutional Effectiveness, July 2024
Types of financial aid for undergraduate students
Hamline supports incoming first-year and on-campus transfer students through a variety of financial aid options
| 66.3% | Hamline scholarships and grants |
| 12.5% | Loans to the student |
| 8.4% | State grant/scholarship |
| 6.4% | Federal grant/scholarship |
| 5.1% | Work study |
| 1.3% | Outside grant/scholarship |
What does an average financial aid package look like?
An average financial aid package is made up of several things, which can include scholarships and discounts that do not have to be repaid, on-campus employment, and loans. Represented here is the average financial aid package offered to first-year students with financial need for the 2023-2024 school year.
I am so glad that I said "yes" to Hamline because I have been able to make my own path, find people that I truly connect with, and won't graduate with so much debt.
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Contact information
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Undergraduate Admission
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