by our College Data Analytics TeamMany students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Horry-Georgetown Technical College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Horry-Georgetown Technical College offer, and what will you qualify for? Keep scrolling for more information. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Horry-Georgetown Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Horry-Georgetown Technical College, 89% of first-year full-time students received aid of some kind roughly 782 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $9,722 |
| Institutional grants & scholarships | 0% | $1,855 |
| Federal Pell grants | 61% | $6,470 |
| State/local grants | 87% | $5,078 |
| Federal student loans | 22% | $5,704 |
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 Horry-Georgetown Technical College, some 81% of undergraduates were awarded grant or scholarship aid averaging $6,444 (across approximately 5962 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $6,444 |
| Federal Pell grants | 39% | $4,856 |
| Federal student loans | 24% | $6,205 |
On-campus students receiving title-IV aid were awarded grants averaging $7,750.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $2,869 |
| $30,001 – $75,000 | $4,152 |
| Over $75,000 | $7,269 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,159 |
| Off-campus title-IV students | $4,033 |
For a customized cost estimate, visit Horry-Georgetown Technical College’s online cost calculator: www.hgtc.edu/admissions/financialaid/collegecalc.html.
Graduating students at Horry-Georgetown Technical College carry a median federal student debt of $8,250 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,250 |
| Median federal debt (graduates only) | $14,250 |
| Typical 10-year monthly payment (graduates) | $151.07/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Horry-Georgetown Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,935 |
| 25th percentile | $3,500 |
| 75th percentile | $19,000 |
| 90th percentile (highest-debt students) | $34,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,073 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,822 |
| Continuing-generation students | $7,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $11,934 |
A handful of calculated indicators summarize the debt outlook at Horry-Georgetown Technical College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Horry-Georgetown Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 23459 |
| Total Stafford loan amount | $371,728,346 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 175 |
| Total GI Bill amount | $589,039 |
| Average GI Bill amount per recipient | $3,366 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 11 |
| Total DoD amount | $22,373 |
| Average DoD amount per recipient | $2,034 |
References
More about our data sources and methodologies.