I created a project with following structure:

HibernateUtil:
        
In case of a Maven Project, create a folder named resources under src/main folder and add the resources folder as a source folder in your classpath.
You can do that by going to Configure Build Path and then clicking Add Folder to the Sources Tab.
Then check the resources folder and click Apply.
Then just use :
SessionFactory sessionFactory = new Configuration().configure().buildSessionFactory();