HWS Celebrates Support for Pell Grants – Hobart and William Smith Colleges \
The HWS Update

HWS Celebrates Support for Pell Grants

Along with colleges and universities across the country, Hobart and William Smith will recognize the 50th anniversary of the National Pell Grant on Thursday, June 23.

For five decades, Pell Grants have provided financial aid to students from low-income families. As the largest program operated by the U.S. Department of Education, these grants have assisted undergraduate students with the most financial need and do not have to be repaid. At Hobart and William Smith, nearly one-quarter (24.51%) of students received nearly $2 million ($1,933,481) in Pell Grants in the 2021-22 academic year.

“The Pell Grant has had an indelible impact on the lives of the many students and families from Hobart and William Smith who have received these necessary funds over the past five decades,” says President Joyce P. Jacobsen. “We are reminded of its importance as we join with the Department of Education in celebrating the 50th anniversary of this critical resource.”

“Pell Grants are an important tool in helping Hobart and William Smith to enroll students who are exceptional scholars, citizens, athletes and community members,” says Vice President and Dean of Admissions John Young. “The Pell program provides students with the resources they need to graduate ready to face the future with confidence.”

In addition, Hobart and William Smith offer substantial scholarships and grants. In total, 96% of HWS students receive merit scholarships or need-based aid. In 2020-21, the average award to students was $48,152. In total, HWS awards close to $60 million in scholarship and grant funding each year, and the Financial Aid Office takes a collaborative approach to find financial solutions that work for every student and family in our campus community.

“We are grateful to the many alums, parents and friends of HWS who support scholarships and who have, through two centuries of philanthropy, created endowed funds that, coupled with state and federal funding, make college an affordable option for our students,” says Vice President for Advancement Bob O’Connor P’22, P’23.

For the past seven years, Hobart and William Smith have been included in the national rankings of “Best Value Colleges” by Princeton Review. In the 2022 edition, Hobart and William Smith were one of only 209 colleges chosen based on more than 40 data points, including academics, affordability, career prospects and job satisfaction.

HWS is among the top producers of students to receive the U.S. Department of State’s Benjamin A. Gilman International Scholarships, this year celebrating its largest cohort of 10 students. To be eligible for the Gilman Program, applicants must be receiving a Pell Grant during the term of their study abroad program or internship.

The Pell Grant was created in 1972 through the Higher Education Amendments and was originally called the Basic Education Opportunity Grant. In 2021, more than $26 billion was granted to American students through Federal Pell Grants. In New York’s 23rd Congressional District, which includes Geneva, 15,166 students received over $66 million from Pell Grants to fund their higher education, according to data collected by the National Association of Independent Colleges and Universities from the Office of Federal Student Aid, U.S. Department of Education.