by our College Data Analytics TeamA large number of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Henderson Community College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Henderson Community College offer you, and what will you qualify for? Keep reading for more information. Read on to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Henderson Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Henderson Community College, 98% of first-year full-time students received aid of some kind around 120 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $7,559 |
| Institutional grants & scholarships | 36% | $1,705 |
| Federal Pell grants | 64% | $6,109 |
| State/local grants | 95% | $2,787 |
| Federal student loans | 7% | $3,457 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Henderson Community College, around 90% of the undergraduate population received grant aid that averaged $3,453 (among about 1444 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $3,453 |
| Federal Pell grants | 32% | $4,623 |
| Federal student loans | 12% | $5,508 |
Title-IV recipients living on campus saw average grant aid of $9,308.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,695 |
| $30,001 – $75,000 | $5,644 |
| Over $75,000 | $8,701 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,232 |
| Off-campus title-IV students | $5,063 |
For a customized cost estimate, visit Henderson Community College’s NPC: henderson.kctcs.edu/affording-college/net-price-calculator/index.aspx.
A typical borrower at Henderson Community College leaves with $7,457 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,457 |
| Median federal debt (graduates only) | $10,483 |
| Typical 10-year monthly payment (graduates) | $111.14/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Henderson Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,476 |
| 75th percentile | $12,738 |
| 90th percentile (highest-debt students) | $21,501 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,950 |
| Middle income | $6,525 |
| High income | $6,251 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,491 |
| Continuing-generation students | $6,326 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,526 |
| Independent students | $8,036 |
The figure below distills the debt data into a single burden category for Henderson Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Henderson Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3384 |
| Total Stafford loan amount | $36,311,122 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $21,930 |
| Average GI Bill amount per recipient | $2,741 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.