$4,444

Avg. Federal Grant

$3,754

Avg. Federal Loan

$3,848,019

Total Aid Awarded

Henderson Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$3.848M

Financial Aid Official Website

https://henderson.kctcs.edu/affording-college/tuition-costs/index.aspx

As many as 98% of the students at HCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,629,056 in a year. For additional information about financial assistance schemes, one can head over to HCC’s financial aid page at https://henderson.kctcs.edu/affording-college/tuition-costs/index.aspx. The total percentage of candidates applying to Henderson Community College who receive the Federal Grant is 58%. In comparison, 96% of the students are awarded the Student Grant, 44% get the Institution Grant, and 58% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,296, the State Grant receivers and Institution Grant beneficiaries get $2,004 and $1,442, respectively. And, for the Pell Grant awardees, the average aid amount is $3,506. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Henderson Community College, the percentage of candidates who opt to avail of student loans is around 15%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

66%

State Grant Aid

79%

Institution Grant Aid

29%

Pell Grant

66%

Average Aid Awarded

Federal Grant Aid

$4,444

State Grant Aid

$1,636

Institution Grant Aid

$1,713

Pell Grant

$4,292

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,491

$30,001 - $48,000

$5,998

$48,001 - $75,000

$5,845

$75,001 - $110,000

$2,190

Over $110,000

$1,185

Student Loans for Henderson Community College

Average Loan Amount Average Loan Amount received per year.

$3,754/Year

Students Taking Out Loans

13%

Loan Default Rate

16.1%

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