$6,768

Avg. Federal Grant

N/A

Avg. Federal Loan

$5,636,209

Total Aid Awarded

Haywood Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$5.636M

Financial Aid Official Website

https://www.haywood.edu/financial_aid

Such schemes include North Carolina Student Incentive Grant and Triangle Scholarship Program. As many as 79% of the students at HCC receive some kind of financial aid, shows the latest data. One can visit HCC's financial aid page at https://www.haywood.edu/financial_aid for more information. The total percentage of candidates applying to Haywood Community College who receive the Federal Grant is 57%. In comparison, 79% of the students are awarded the Student Grant, 33% get the Institution Grant, and 57% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $7,786, while the same comes to $2,013 for State Grant receivers and $1,250 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $7,136. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Haywood Community College, the percentage of candidates who opt to avail of student loans is around 1%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

15%

Institution Grant Aid

13%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$6,768

State Grant Aid

$2,224

Institution Grant Aid

$1,040

Pell Grant

$6,760

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,146

$30,001 - $48,000

$6,337

$48,001 - $75,000

$7,772

$75,001 - $110,000

$5,775

Over $110,000

N/A

Student Loans for Haywood Community College

Average Loan Amount Average Loan Amount received per year.

$5,717/Year

Students Taking Out Loans

2%

Loan Default Rate

17.7%

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