Understanding the Hagan Scholarship Eligibility Requirements

The Hagan Scholarship is a substantial opportunity for high-achieving students with financial need to pursue their higher education goals. This article breaks down the eligibility requirements and outlines the benefits and responsibilities associated with the scholarship.

Core Eligibility Criteria

To be considered for the Hagan Scholarship, applicants must meet a specific set of criteria that demonstrates their academic ability, financial need, and commitment to work and study. These requirements ensure that the scholarship supports deserving students who are prepared to make the most of the opportunity.

The fundamental eligibility requirements are:

Citizenship: Applicants must be citizens.
High School: Applicants must attend a public high school. The high school must be governed by a school district.
GPA: Applicants must have achieved a 3.50 Cumulative Grade Point Average.
College Enrollment: Applicants must enroll at an Eligible Four-Year College or University the first semester following high school graduation.
Graduation Timeline: Applicants must maintain a four-year or less graduation schedule in college.
Work Requirement: Applicants must work 240 hours each year, from January 1 until commencement of the fall semester in college. Work can be performed at recipient discretion. Must be regularly scheduled work performed under supervision for compensation.
Household Income: Applicant’s Gross Household Income reported for the specified year (e.g., 2021) for Federal Income Tax Purposes must not have exceeded $85,000. “Household Income” is defined as the total gross income received by all members of a household living under the same roof.
FAFSA Completion: Applicants must complete the FAFSA and provide the EFC.
Grant Applications: Applicants must apply for Federal and State grants if eligible.

There is no application fee or processing fee. Recipients of a scholarship will be selected on an objective and non-discriminatory basis, regardless of applicant’s race, creed, color, sexual orientation, religion, disability, or sex.

Financial Aspects of the Scholarship

The Hagan Scholarship provides substantial financial assistance to its recipients, but it's not a simple, fixed amount. The actual disbursement varies based on several factors related to the student's cost of attendance and other financial aid received.

Disbursement Calculation

The disbursement amount will be determined each semester by HSF by taking the Total Cost of Attendance including tuition, fees, room, board, books, supplies, personal and transportation costs; then, deducting the total dollar amount of ALL scholarships, awards, grants, waivers, Federal and institution provided work-study, and one-half of the recipient’s FAFSA SAI.

The disbursement amount each semester will be determined by HSF by taking the Total Cost of Attendance including tuition, fees, room, board, books, supplies, personal and transportation costs; then, deducting the total dollar amount of ALL scholarships, awards, grants, waivers and one-half of the recipient’s EFC. The EFC does not have to be paid; it is used only to determine the disbursement amount.

Disbursement Adjustments

The disbursement amount will be adjusted each semester to offset the expiration or loss of other scholarships, awards, grants, waivers, and changes in the recipient’s EFC.

Scholarship Coverage

The Hagan Scholarship provides up to $7,500 each semester for up to 8 consecutive semesters, workshops to learn important life skills not typically covered in the college curriculum, funds to purchase college essentials, an HSF Schwab Brokerage Account to manage, funds to study and travel abroad, and the opportunity to extend the Hagan Scholarship to obtain a graduate or profession degree.

Additional Benefits and Opportunities

Beyond the core financial support, the Hagan Scholarship offers a range of additional benefits and opportunities designed to enhance the student's college experience and prepare them for future success.

College Essentials Funding

First year recipients receive $1,000 prior to college enrollment to purchase essential items for college not covered by the scholarship; items such as a computer, cell phone, clothing, office supplies, and bedding.

HSF Schwab Brokerage Account

Second year recipients will open a Personal Schwab Brokerage Account. After the account is opened HSF will deposit $100 in the account and provide each recipient with an HSF Schwab Brokerage Account to manage until graduation. HSF funds managed by each recipient will be $10,000 the second year, $15,000 the third year, and $20,000 the fourth year.

Study Abroad Program

Third year recipients who have achieved a 3.50 CGPA are eligible for an all-expense paid study and travel abroad experience worth up to $8,000. Or the funds can be used to study abroad the second semester of the third year in college.

Graduate Scholarship Opportunity

Recipients graduating college while in the Hagan Scholarship Program can apply for a Hagan Graduate Scholarship, good for up to four additional consecutive semesters to attend graduate school receiving up to $7,500 each semester. Recipients must enroll in college as a full-time graduate student the first semester following receipt of their undergraduate degree. Recipients graduating college in fewer than four years can use the remaining term of the four year scholarship to attend graduate school.

Scholarship Renewal and Duration

The Hagan Scholarship is not a one-time award. It is designed to support students throughout their undergraduate education, provided they continue to meet the program's requirements.

Renewal Criteria

The scholarship is renewable for up to seven additional consecutive semesters if the recipient fulfills the scholarship criteria and mandatory workshop responsibilities. There is no limit to the number of credit hours that can be earned.

Funding Cessation

Funding of the Hagan Scholarship will cease upon graduation from college or after earning 140 credit hours, whichever first occurs. In such event, recipients will continue managing their HSF Schwab Account and fulfill all other scholarship criteria until their Award Year Class graduates college.

Work Hour Requirements

One of the distinctive features of the Hagan Scholarship is the work requirement. This component encourages students to develop valuable work habits and gain practical experience while pursuing their education.

Annual Work Requirement

Recipients must work 240 hours each year, from January 1 until commencement of the fall semester in college. Work can be performed at recipient discretion. Employment must be regularly scheduled work performed under supervision for compensation.

Important Considerations

Several important aspects of the Hagan Scholarship should be carefully considered by all applicants and recipients.

Finality of Decisions

Decisions made by HSF are final and not subject to appeal.

Non-Discrimination Policy

Recipients of a scholarship will be selected on an objective and non-discriminatory basis, regardless of applicant’s race, creed, color, sexual orientation, religion, disability, or sex.

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