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Hocking College Financial Aid Details

100% Freshmen Get Financial Aid
$5,668 Average Grant & Scholarship
62% Undergrads Get Grant Aid

The majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Hocking College can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial assistance options will Hocking Technical College offer you, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available to you.

Why You Should Understand Hocking Technical College Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Hocking College.

Freshman Financial Aid at Hocking College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Hocking College, 100% of the incoming full-time class was awarded financial aid some 450 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$5,383
Institutional grants & scholarships41%$1,418
Federal Pell grants86%$4,949
State/local grants9%$2,237
Federal student loans83%$5,268

Scholarships and Grants at Hocking College

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 62% of the undergraduate population received grant aid that averaged $5,668 (covering around 1139 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)62%$5,668
Federal Pell grants46%$5,499
Federal student loans50%$7,470

On-campus students receiving title-IV aid were awarded grants averaging $5,467.

How Cost Varies by Income at Hocking College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$11,522
$30,001 – $75,000$13,183
Over $75,000$16,533

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Hocking College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$13,704
Off-campus title-IV students$13,362

To project your own net price, use Hocking Technical College’s online cost calculator: www.collegeraptor.com/Shopping/School/Hocking-College-OH–203155.

Student Debt Levels at Hocking College

The median federal debt load at Hocking Technical College comes to $6,701 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$6,701
Median federal debt (graduates only)$11,584
Typical 10-year monthly payment (graduates)$122.81/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Debt Spread by Percentile

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Hocking Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,750
75th percentile$14,748
90th percentile (highest-debt students)$22,492

Debt by Student Cohort at Hocking College

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$6,750
Middle income$7,000
High income$5,500

By First-Generation Status

CohortMedian federal debt
First-generation students$6,668
Continuing-generation students$6,750

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Debt Burden Indicators

A handful of calculated indicators summarize the debt outlook at Hocking Technical College.

Federal Loan Volume at Hocking College

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Hocking Technical College:

MetricValue
Stafford loan recipients23954
Total Stafford loan amount$286,453,522

Aid for Military-Affiliated Students at Hocking College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients46
Total GI Bill amount$154,623
Average GI Bill amount per recipient$3,361

DoD program volume

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$4,205
Average DoD amount per recipient$2,103

More Financial Aid Resources from Hocking College

References

More about our data sources and methodologies.

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