$4,975

Avg. Federal Grant

$4,207

Avg. Federal Loan

$10,934,461

Total Aid Awarded

Hutchinson Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

40%

Total Aid Amount Average Total Aid Awarded per year.

$10.934M

Financial Aid Official Website

www.hutchcc.edu/financial-aid/

Such schemes include Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Student Scholarship, and Hugh A. Smith Scholarship. Notably, 92% of the students at Hutchinson Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,495,091. More information regarding the financial assistance schemes can be accessed on HCC’s official financial aid page at http://www.hutchcc.edu/financial-aid/. At HCC, the total percentage of applicants who receive the Federal Grant stands at 47%. On the other hand, 87% of the candidates get the Student Grant, 70% receive the Institution Grant, and 47% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,029, the State Grant receivers and Institution Grant beneficiaries get $1,005 and $3,056, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,774. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 23% of the applicants to Hutchinson Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

N/A

Institution Grant Aid

66%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$4,975

State Grant Aid

$1,425

Institution Grant Aid

$2,715

Pell Grant

$4,829

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,852

$30,001 - $48,000

$5,847

$48,001 - $75,000

$4,108

$75,001 - $110,000

$1,672

Over $110,000

$742

Student Loans for Hutchinson Community College

Average Loan Amount Average Loan Amount received per year.

$4,207/Year

Students Taking Out Loans

31%

Loan Default Rate

5%