Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Inver Hills Community College 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


As many as 68% of the students at IHCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,680,501 in a year. More information regarding the financial assistance schemes can be accessed on IHCC’s official financial aid page at https://www.inverhills.edu/FinancialAid/index.aspx. At IHCC, the total percentage of applicants who receive the Federal Grant stands at 39%. In comparison, 51% of the students are awarded the Student Grant, 5% get the Institution Grant, and 39% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,112, and the same stands at $1,142 for State Grant awardees and $1,667 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,356. 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. Candidates are also required to repay these loans within a given period. Every year, around 28% of the applicants to Inver Hills Community College opt 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 Inver Hills Community College

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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