$4,649

Avg. Federal Grant

$4,748

Avg. Federal Loan

$8,606,539

Total Aid Awarded

Indian Hills Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$8.607M

Financial Aid Official Website

www.indianhills.edu/payingforcollege/finaid.php

Among them are scholarship programs such as All Iowa Opportunity Foster Care Grant, August & Edna Zahatko Scholarship, Bill & Hilda Macomber Alta Kahl Scholarship, and Governor Terry E. Brandstad Iowa State Fair Scholarship. Notably, 91% of the students at Indian Hills Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,751,649. Notably, a total of 52% of the applicants to Indian Hills Community College receive the Federal Grant every year. In comparison, 83% of the students are awarded the Student Grant, 41% get the Institution Grant, and 52% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,914, and the same stands at $2,115 for State Grant awardees and $3,105 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,037. 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. 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. Candidates are also required to repay these loans within a given period. Every year, around 49% of the applicants to Indian Hills Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

17%

Institution Grant Aid

36%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,649

State Grant Aid

$1,920

Institution Grant Aid

$2,345

Pell Grant

$4,567

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,431

$30,001 - $48,000

$5,428

$48,001 - $75,000

$3,422

$75,001 - $110,000

$799

Over $110,000

$262

Student Loans for Indian Hills Community College

Average Loan Amount Average Loan Amount received per year.

$5,321/Year

Students Taking Out Loans

55%

Loan Default Rate

19.2%

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