Mt Hood Community College Financial Aid and Scholarships
Students Receiving Aid
33%
Total Aid Amount
$11.125M
Financial Aid Official Website
https://www.mhcc.edu/FinancialAid/
It is interesting to note that, every year, around 81% of students at MHCC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,181,394. For additional information about financial assistance schemes, one can head over to MHCC’s financial aid page at https://www.mhcc.edu/FinancialAid/. Notably, a total of 48% of the applicants to Mt Hood Community College receive the Federal Grant every year. In comparison, 77% of the students are awarded the Student Grant, 14% get the Institution Grant, and 48% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,235, the State Grant receivers and Institution Grant beneficiaries get $2,612 and $1,782, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,662. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Mt Hood Community College, the percentage of candidates who opt to avail of student loans is around 21%.
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