$4,673

Avg. Federal Grant

$5,358

Avg. Federal Loan

$54,625,244

Total Aid Awarded

Hillsborough Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$54.625M

Financial Aid Official Website

www.hccfl.edu/financial-aid.aspx

Notably, 72% of the students at Hillsborough Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $47,227,365. More information regarding the financial assistance schemes can be accessed on HCC’s official financial aid page at http://www.hccfl.edu/financial-aid.aspx. The total percentage of candidates applying to Hillsborough Community College who receive the Federal Grant is 57%. On the other hand, 63% of the candidates get the Student Grant, 18% receive the Institution Grant, and 57% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,061, while the same comes to $1,524 for State Grant receivers and $1,429 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,815. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 43% of the applicants to Hillsborough Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

49%

Institution Grant Aid

15%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,673

State Grant Aid

$1,312

Institution Grant Aid

$1,704

Pell Grant

$4,612

At Hillsborough Community College, financial aid is any form of funding that helps you pay for colleges, such as a grant, loans, scholarships, or work-study programs. While gathering knowledge about the various financial aids a college can offer, one of the key things to notice is how the financial aid is broken down and how much aid is provided by the Hillsborough Financial Aid Office and to what number of students in an academic year. At Hillsborough Community College, 44% of student receive any kind of aid, whereas total aid awarded was $54,625,244.

  • Federal Grant average aid is $4,673, with the percentage of students receiving it standing at 59%.

  • Pell Grant average aid is $4,612 and the percentage of students receiving it is 59%.

  • 49% of students receive State Grants that contain an average aid of $1,312.

  • Institution Grant average aid worth an average of $1,704 is received by 15% of students applying for it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,734

$30,001 - $48,000

$3,391

$48,001 - $75,000

$1,912

$75,001 - $110,000

N/A

Over $110,000

$3,560

Hillsborough Community College's financial aid can be in the form of federal aid, state aid, and institution aid, and the amount received can vary. It depends on the income of the student or the student’s family. It is also calculated according to the family's annual income.

At the Hillsborough Community college financial aid for family incomes falling between $0 to $30,000 stands at about $4,734. A slight change is seen when we see that the aid given is $3,391 to the income range of $30,000 to $48,000. For ranges $48,001 to $75,000, the aid is decreased sharply to $1,912. Finally, we have to pay ranges from over $100,000, which receives more aid than the last range; about $3,560.

Unfortunately, we don’t have data regarding average aid for the income range of $75,000 to $110,000.

Student Loans for Hillsborough Community College

Average Loan Amount Average Loan Amount received per year.

$5,375/Year

Students Taking Out Loans

72%

Loan Default Rate

3.7%

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