$3,961

Avg. Federal Grant

$4,081

Avg. Federal Loan

$21,972,133

Total Aid Awarded

Hudson Valley Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

42%

Total Aid Amount Average Total Aid Awarded per year.

$21.972M

Financial Aid Official Website

www.hvcc.edu/finaid/index.html

As many as 77% of the students at HVCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,545,010 in a year. For additional information about financial assistance schemes, one can head over to HVCC’s financial aid page at http://www.hvcc.edu/finaid/index.html. At HVCC, the total percentage of applicants who receive the Federal Grant stands at 47%. On the other hand, 67% of the candidates get the Student Grant, 5% receive the Institution Grant, and 47% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,003, and the same stands at $2,531 for State Grant awardees and $1,243 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,680. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Hudson Valley Community College, the percentage of candidates who opt to avail of student loans is around 32%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

67%

Institution Grant Aid

5%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$3,961

State Grant Aid

$2,608

Institution Grant Aid

$1,540

Pell Grant

$3,909

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,680

$30,001 - $48,000

$6,042

$48,001 - $75,000

$2,977

$75,001 - $110,000

$1,779

Over $110,000

$174

Student Loans for Hudson Valley Community College

Average Loan Amount Average Loan Amount received per year.

$4,245/Year

Students Taking Out Loans

33%

Loan Default Rate

10.1%