Hagan Scholarship

Every Hagan Scholarship recipient has the opportunity to pursue a graduate or professional degree while also being able to finish a four-year degree program without accruing debt. If you wish to achieve this as well, then you should continue reading.

Hagan Scholarship

A practical understanding of important life skills that aren’t frequently taught in the classroom is gained by participants in workshops, study abroad programs, and investment accounts.

About Hagan Scholarship

Students have the opportunity to graduate from college debt-free thanks to the Hagan Scholarship, a national need-based merit scholarship program.

Each semester, the scholarship’s maximum value is $6,000.00.

After completing their undergraduate studies, Hagan Scholars can petition to continue their scholarship, which will pay them $6,000 each semester for graduate or professional school.

Free courses, free Schwab brokerage accounts, and free study abroad opportunities give participants a practical grasp of essential life skills that are frequently not covered in school.

429 schools and institutions in 48 states have hosted Hagan Scholars.

Applicants must attend a public high school that is acceptable.

For federal income tax purposes, the applicant’s adjusted gross household income cannot be more than $85,000.

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Eligibility Requirements

1. It is necessary to be an American citizen.

2. Attend a public high school located in a city, town, or rural location with fewer than 25,000 residents that are on the HSF website.

3. Must have a 3.50 cumulative grade point average.

4. You must enroll in an eligible four-year college or university after high school graduation.

5. Maintain a four-year graduation schedule.

6. Between January 1 and the commencement of the fall semester of college, 240 hours of labor must be completed annually.

7. The applicant’s adjusted gross household income cannot exceed $85,000 as reported for federal income tax purposes.

8. It is necessary to give the FAFSA SAR to the EFC.

9. Should you be eligible, you must submit an application for federal and state funding.

10. Must not have a criminal record. A high-achieving, goal-driven student who has a true financial need in order to attend college is the target recipient of a Hagan Scholarship.

11. In order to access the application, the applicant must set up a UN and PW.

12. The applicant must attend a public high school that is acceptable.

Scholarship Particulars

1. HSF will subtract the total dollar amount of ALL scholarships, awards, grants, waivers, and one-half of the recipient’s EFC from the recipient’s Total Cost of Attendance, which includes tuition, fees, room and board, books, supplies, personal, and transportation costs.

The scholarship disbursement amount, which can be up to $6,000 per semester, will then be calculated.

Parents are not required to pay the EFC; it is just used to determine how much will be disbursed.

2. The disbursement amount will be adjusted each semester to reflect changes to the recipient’s EFC as well as the loss or expiration of any other scholarships, grants, or awards.

3. The scholarship is valid for up to seven consecutive semesters if the beneficiary fulfills the requirements of the scholarship and the commitments of the required workshop.

4. First-year award recipients receive $1,000 to spend on non-scholarship requirements like laptops, phones, clothing, office supplies, bedding, etc. before they enroll in college.

5. Second-year students are given a $15,000 HSF brokerage account and a $1,000 personal brokerage account to manage until graduation in order to learn first-hand how to invest for financial security.

6. Third-year awardees can use the money to spend a semester studying abroad if they have a 3.50 CGPA and are eligible for an all-expenses-paid study and vacation experience abroad worth up to $8,000.

7. From January 1 to the commencement of the fall semester of college, recipients are required to work 240 hours annually.

Work that is considered employment must be regularly scheduled, supervised, and compensated.

8. Recipients who graduate from college with a 3.75 GPA may apply to extend their Hagan Scholarship for up to four more consecutive semesters, with $6,000 each semester, to attend graduate school or a professional school.

9. There are no processing or application fees.

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Scholarship Timeline

Application is available on September 1, 2024.

Application Deadline: December 1, 2024.

Applications are examined for eligibility, adherence to guidelines, and submission quality.

The status of applicants is communicated to them.

The finalists offer further data.

awards of scholarships in March 2023.

Finalists will get $2,000 even if they are not given a scholarship.

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The fact that you don’t have the funding for your studies shouldn’t be an excuse anymore, because you can now take advantage of this and join the Hagan Scholarship Family.