Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Hennepin Technical College (HTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


Notably, 72% of the students at Hennepin Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,099,244. More information regarding the financial assistance schemes can be accessed on HTC’s official financial aid page at https://www.hennepintech.edu/future-students/financial-aid/index.html. The total percentage of candidates applying to Hennepin Technical College who receive the Federal Grant is 44%. Meanwhile, 56% of the applicants receive the Student Grant and 6% are awarded the Institution Grant, while 44% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,624, and the same stands at $1,889 for State Grant awardees and $970 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,273. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 HTC, an estimated number of 31% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Hennepin Technical College (HTC)

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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