$4,373

Avg. Federal Grant

$4,657

Avg. Federal Loan

$11,125,069

Total Aid Awarded

Mt Hood Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

33%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

34%

Institution Grant Aid

11%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,373

State Grant Aid

$1,706

Institution Grant Aid

$2,202

Pell Grant

$4,299

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,293

$30,001 - $48,000

$4,190

$48,001 - $75,000

$2,536

$75,001 - $110,000

$1,198

Over $110,000

$1,278

Student Loans for Mt Hood Community College

Average Loan Amount Average Loan Amount received per year.

$4,672/Year

Students Taking Out Loans

20%

Loan Default Rate

19.1%

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