Q & A

How many new scholarships will be awarded?
Five hundred more scholarships will be awarded in April 2021.

What are my chances of being awarded a Hagan Scholarship?
Historically, about forty percent (40%) of eligible applicants are awarded scholarships. The highest award percentage of any national scholarship.

How much is a Hagan Scholarship worth? 
1. Hagan Scholarship: up to $48,000 over four years
2. Study Abroad: up to $8,000
3. Schwab Brokerage Account Earnings: up to $10,000
4. Personal Schwab Account: $2,000  

How many colleges and universities are attended by Hagan Scholars?
Hagan Scholars are attending 358 colleges and universities.

Can I attend the college or university of my choice?
YES. Recipients can attend any traditional four year not-for-profit college or university accredited by one of six regional accreditors in the United States.

Can the Hagan Scholarship be used to attend Graduate School?
YES. Recipients graduating college in less than four years can use the remainder of their eight semester Hagan Scholarship to attend graduate school or a professional school. Graduate students must earn 12 GPA credit hours each semester to be eligible for HSF funding.

Can the Hagan Scholarship be used to Study Abroad?
NO. HSF will only fund study abroad using Study Abroad Awards; unless study abroad is a mandatory degree requirement and recipient obtains a waiver from HSF.

Can the Hagan Scholarship be used to fund Online courses?
Online courses are permitted until notified otherwise, due to the virus.
HSF will fund Online courses only if the course is a mandatory degree requirement and the course cannot be taken as a seated on-campus course. A letter from the school must be provided confirming these criteria are met.

Is this a need-based or merit-based scholarship?
BOTH. Recipients must authenticate financial need in order to attend college. Then, recipients are selected based upon character, academic ability, achievement in and out of school, and future promise.

I have a conflict, can I be excused from attending the Mandatory Workshop?
NO. Workshop attendance is mandatory. You will have to decide which is more important to you, the conflict or Hagan Scholarship.

Will the Hagan Scholarship help pay personal expenses?
YES. Disbursement amounts are determined using the Total Cost of Attendance published by the National Center for Education Statistics, which include personal expenses. See Description, Part 1.

Can the Hagan Scholarship be used to attend a community college?
NO. Recipients must attend a four-year not-for-profit accredited college or university. Students can typically work and attend a community college without incurring debt.

How is the dollar amount of each scholarship determined?
The dollar amount of each scholarship is determined by HSF according to Description, Paragraph 1. Recipients living at home or with family are not eligible for room and board disbursements.

Can I decline offered scholarships, awards, and grants to increase the Hagan Scholarship?
NO. Any such action will result in loss of the scholarship.

Can the scholarship award amount be increased for subsequent semesters?
YES. The scholarship award amount can be increased subsequent semesters to offset expiration of other scholarships, awards, and grants received by recipient.

When will the scholarship funds be disbursed?
The scholarship award amount is determined and disbursed each semester; after receipt and verification of recipient information. See Responsibilities, Part Two.

Are my parents required to pay their EFC?
NO. However, the EFC is used to determine disbursement amounts.

How do I maintain my eligibility for the scholarship?
To be eligible to renew a scholarship a recipient must fulfill the renewal criteria, remain current with Recipient Responsibilities, fulfill Schwab Account and Study Abroad responsibilities, and attend the Mandatory Workshops.

When can I apply for a scholarship?
The Scholarship Application can be accessed our website after September 1. The Deadline is November 15.

Can I add additional information after submitting my Scholarship Application?
NO. All information must be submitted with the Scholarship Application.

Can I add classes after my scholarship funds have been disbursed?
YES. Additional costs must be paid by the recipient.

Can I transfer my scholarship to another school?
YES. A scholarship recipient may transfer one time after the first academic year to another eligible college or university with HSF approval. First year recipients have until enrollment to change schools.

What happens if I fail to comply with Recipient Responsibilities?
Failure to comply with Recipient Responsibilities will result in loss of the scholarship.

Why have workshops?
The mandatory workshops are intended to help recipients obtain a practical understanding of important life skills not typically taught as a part of the school curriculum.

Why are recipients required to work?
The Grantor worked during high school and college and believes each scholarship recipient will personally benefit by contributing to the cost of his or her education.

Can work study be used to satisfy the work requirement?
YES. All regularly scheduled work performed under supervision for compensation can be used to satisfy the work requirement.

Why are the scholarships limited to small public schools and rural counties?
The Grantor attended four small public schools located in rural counties.

Can home schooled students apply for a scholarship?

Why so particular about the Application Process?
1. To minimize administrative costs.
2. To see how well each applicant follows instructions.

Is there an application or processing fee?
There is no application or processing fee.