The majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Hinds Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Hinds Community College provide, and just what are you going to be eligible for? Read on for answers. Keep reading 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. The figures below will help you estimate the aid you might receive from Hinds Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. 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 Hinds Community College, 91% of first-time, full-time freshmen received some form of financial aid some 1356 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $7,792 |
| Institutional grants & scholarships | 38% | $3,317 |
| Federal Pell grants | 59% | $6,569 |
| State/local grants | 18% | $1,190 |
| Federal student loans | 28% | $4,960 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Hinds Community College, about 76% of undergrads got grants or scholarships worth on average $5,276 (across approximately 7076 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,276 |
| Federal Pell grants | 51% | $4,551 |
| Federal student loans | 33% | $4,484 |
On-campus students receiving title-IV aid were awarded grants averaging $6,976.
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 | $2,388 |
| $30,001 – $75,000 | $3,216 |
| Over $75,000 | $7,438 |
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 | $4,060 |
| Off-campus title-IV students | $3,158 |
For an estimate tailored to your family circumstances, see Hinds Community College’s official net price calculator: www.hindscc.edu/NetPriceCalculator/npcalc.htm.
The middle student in the debt distribution at Hinds Community College owes $5,951 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,951 |
| Median federal debt (graduates only) | $9,371 |
| Typical 10-year monthly payment (graduates) | $99.35/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Hinds Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,345 |
| 25th percentile | $2,314 |
| 75th percentile | $8,157 |
| 90th percentile (highest-debt students) | $14,025 |
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 | $5,953 |
| Middle income | $5,816 |
| High income | $6,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,884 |
| Continuing-generation students | $6,227 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,463 |
| Independent students | $9,199 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Hinds Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Hinds Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 47794 |
| Total Stafford loan amount | $426,663,266 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 149 |
| Total GI Bill amount | $342,752 |
| Average GI Bill amount per recipient | $2,300 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 14 |
| Total DoD amount | $17,171 |
| Average DoD amount per recipient | $1,227 |
References
More about our data sources and methodologies.