by our College Data Analytics TeamMany students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Hagerstown Community College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial assistance solutions will HCC deliver, and just what are you going to be eligible for? Read on for answers. Keep going to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Hagerstown Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Hagerstown Community College, 69% of first-time, full-time freshmen received some form of financial aid roughly 351 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $5,143 |
| Institutional grants & scholarships | 23% | $1,671 |
| Federal Pell grants | 41% | $5,485 |
| State/local grants | 21% | $1,931 |
| Federal student loans | 21% | $4,517 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 77% of undergrads got grants or scholarships worth on average $2,487 (covering around 4170 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $2,487 |
| Federal Pell grants | 21% | $4,159 |
| Federal student loans | 14% | $4,838 |
On-campus students receiving title-IV aid were awarded grants averaging $5,912.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,850 |
| $30,001 – $75,000 | $7,126 |
| Over $75,000 | $11,127 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,835 |
| Off-campus title-IV students | $7,672 |
For a personalized estimate based on your family’s financial situation, use HCC’s NPC: hcc-webapps.hagerstowncc.edu/Forms/calcs/netpricecalc.html.
A typical borrower at HCC leaves with $6,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $11,000 |
| Typical 10-year monthly payment (graduates) | $116.62/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at HCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,820 |
| 25th percentile | $2,955 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,718 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,922 |
| Middle income | $6,700 |
| High income | $6,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,696 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,294 |
A handful of calculated indicators summarize the debt outlook at HCC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at HCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9696 |
| Total Stafford loan amount | $94,561,502 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 57 |
| Total GI Bill amount | $189,965 |
| Average GI Bill amount per recipient | $3,333 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $4,176 |
| Average DoD amount per recipient | $696 |
References
More about our data sources and methodologies.