by our College Data Analytics TeamMost students are not billed 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 price tag of going to Heartland Community College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financing solutions does Heartland Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see how much school funding could 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 Heartland Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Heartland Community College, 75% of entering full-time freshmen got some type of financial assistance roughly 388 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,601 |
| Institutional grants & scholarships | 40% | $3,179 |
| Federal Pell grants | 36% | $5,562 |
| State/local grants | 36% | $2,894 |
| Federal student loans | 11% | $4,693 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Heartland Community College, approximately 58% of the undergraduate population received grant aid that averaged $3,836 (for some 2798 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $3,836 |
| Federal Pell grants | 21% | $4,338 |
| Federal student loans | 8% | $4,572 |
For students living on campus and receiving title-IV aid, grants averaged $4,714.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,825 |
| $30,001 – $75,000 | $11,045 |
| Over $75,000 | $14,877 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,013 |
| Off-campus title-IV students | $11,389 |
For an estimate tailored to your family circumstances, see Heartland Community College’s NPC: www.heartland.edu/payingForCollege/cost/netCalc.html.
The middle student in the debt distribution at Heartland Community College owes $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,826 |
| Typical 10-year monthly payment (graduates) | $82.97/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Heartland Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $8,739 |
| 90th percentile (highest-debt students) | $12,642 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,856 |
| Middle income | $4,500 |
| High income | $6,098 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Heartland Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Heartland Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5682 |
| Total Stafford loan amount | $38,380,688 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 35 |
| Total GI Bill amount | $122,962 |
| Average GI Bill amount per recipient | $3,513 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.