$4,296

Avg. Federal Grant

$4,807

Avg. Federal Loan

$29,370,339

Total Aid Awarded

Harrisburg Area Community College (HACC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$29.370M

Financial Aid Official Website

www.hacc.edu/Paying/CanIGetAid/FinancialAidBasics/index.cfm

Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Technology Scholarship, and Transfer Student Tuition Scholarship. Notably, 79% of the students at Harrisburg Area Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $43,312,553. More information regarding the financial assistance schemes can be accessed on HACC’s official financial aid page at http://www.hacc.edu/Paying/CanIGetAid/FinancialAidBasics/index.cfm. Notably, a total of 52% of the applicants to Harrisburg Area Community College receive the Federal Grant every year. Meanwhile, 58% of the applicants receive the Student Grant and 1% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,673, while the same comes to $1,431 for State Grant receivers and $962 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,411. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Harrisburg Area Community College, the percentage of candidates who opt to avail of student loans is around 55%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

26%

Institution Grant Aid

1%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$4,296

State Grant Aid

$1,559

Institution Grant Aid

$953

Pell Grant

$4,268

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,405

$30,001 - $48,000

$4,347

$48,001 - $75,000

$2,101

$75,001 - $110,000

$249

Over $110,000

$13

Student Loans for Harrisburg Area Community College (HACC)

Average Loan Amount Average Loan Amount received per year.

$4,938/Year

Students Taking Out Loans

57%

Loan Default Rate

16.9%

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