by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Hazard Community and Technical College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Hazard Community and Technical College provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Hazard Community and Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Hazard Community and Technical College, 98% of entering full-time freshmen got some type of financial assistance roughly 252 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $8,122 |
| Institutional grants & scholarships | 41% | $2,782 |
| Federal Pell grants | 68% | $5,919 |
| State/local grants | 93% | $2,810 |
| Federal student loans | 7% | $4,635 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 88% of the undergraduate population received grant aid that averaged $3,851 (across roughly 2686 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $3,851 |
| Federal Pell grants | 32% | $4,923 |
| Federal student loans | 9% | $6,067 |
For students living on campus and receiving title-IV aid, grants averaged $9,565.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,000 |
| $30,001 – $75,000 | $4,526 |
| Over $75,000 | $8,590 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $2,955 |
| Off-campus title-IV students | $3,376 |
To project your own net price, use Hazard Community and Technical College’s NPC: hazard.kctcs.edu/affording-college/net-price-calculator.
Graduating students at Hazard Community and Technical College carry a median federal student debt of $7,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,000 |
| Median federal debt (graduates only) | $10,125 |
| Typical 10-year monthly payment (graduates) | $107.34/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Hazard Community and Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,675 |
| 25th percentile | $3,000 |
| 75th percentile | $12,032 |
| 90th percentile (highest-debt students) | $21,065 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,124 |
| Middle income | $6,700 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,071 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,599 |
| Independent students | $9,081 |
The figure below distills the debt data into a single burden category for Hazard Community and Technical College.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Hazard Community and Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5955 |
| Total Stafford loan amount | $62,628,278 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $24,431 |
| Average GI Bill amount per recipient | $4,886 |
References
More about our data sources and methodologies.