by our College Data Analytics TeamMany students will never be charged 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 sum total of attendance at Minnesota North College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Hibbing Community College provide, and just what are you going to be eligible for? Read on for answers. Keep going to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Minnesota North College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Minnesota North College, 83% of entering full-time freshmen got some type of financial assistance (about 444 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $6,289 |
| Institutional grants & scholarships | 12% | $1,914 |
| Federal Pell grants | 49% | $5,169 |
| State/local grants | 43% | $2,574 |
| Federal student loans | 42% | $4,952 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Hibbing Community College, some 67% of undergraduate students received gift aid averaging $6,183 (across roughly 2015 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,183 |
| Federal Pell grants | 31% | $4,764 |
| Federal student loans | 29% | $5,530 |
On-campus students receiving title-IV aid were awarded grants averaging $5,914.
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 | $7,587 |
| $30,001 – $75,000 | $9,544 |
| Over $75,000 | $15,137 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $10,432 |
| Off-campus title-IV students | $10,636 |
To project your own net price, use Hibbing Community College’s net price calculator: minnesotanorth.edu/student-services/businessoffice/tuition-and-fees/.
A typical borrower at Hibbing Community College leaves with $8,694 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,694 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Hibbing Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,446 |
| 25th percentile | $4,520 |
| 75th percentile | $14,050 |
| 90th percentile (highest-debt students) | $21,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,250 |
| Middle income | $9,500 |
| High income | $8,238 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,250 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,000 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Hibbing Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Hibbing Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6624 |
| Total Stafford loan amount | $73,997,322 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 45 |
| Total GI Bill amount | $231,023 |
| Average GI Bill amount per recipient | $5,134 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 10 |
| Total DoD amount | $21,396 |
| Average DoD amount per recipient | $2,140 |
References
More about our data sources and methodologies.