by our College Data Analytics TeamA lot 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 price tag of going to Highland Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Highland Community College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Highland Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Highland Community College, 90% of entering full-time freshmen got some type of financial assistance roughly 291 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $7,475 |
| Institutional grants & scholarships | 60% | $3,863 |
| Federal Pell grants | 50% | $6,264 |
| State/local grants | 9% | $5,615 |
| Federal student loans | 46% | $4,711 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 34% of undergrads got grants or scholarships worth on average $5,712 (across roughly 751 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 34% | $5,712 |
| Federal Pell grants | 20% | $5,405 |
| Federal student loans | 15% | $5,181 |
For students living on campus and receiving title-IV aid, grants averaged $7,460.
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 | $8,220 |
| $30,001 – $75,000 | $10,275 |
| Over $75,000 | $13,763 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $10,454 |
| Off-campus title-IV students | $10,388 |
For a customized cost estimate, visit Highland Community College’s net price calculator: highlandcc.edu/pages/net-price-calculator.
The median student at Highland Community College graduates with $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,277 |
| Typical 10-year monthly payment (graduates) | $87.75/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Highland Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,250 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $14,021 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,996 |
The figure below distills the debt data into a single burden category for Highland Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Highland Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9261 |
| Total Stafford loan amount | $74,901,167 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 17 |
| Total GI Bill amount | $61,212 |
| Average GI Bill amount per recipient | $3,601 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.