by our College Data Analytics TeamMost 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 North Hennepin Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does North Hennepin Community College offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover just how much financial aid could be open to you.
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 North Hennepin 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at North Hennepin Community College, 73% of first-year full-time students received aid of some kind approximately 259 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,579 |
| Institutional grants & scholarships | 8% | $393 |
| Federal Pell grants | 51% | $5,206 |
| State/local grants | 59% | $1,584 |
| Federal student loans | 17% | $5,477 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At North Hennepin Community College, approximately 59% of undergrads got grants or scholarships worth on average $4,114 (for some 3063 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,114 |
| Federal Pell grants | 29% | $3,724 |
| Federal student loans | 15% | $7,227 |
On-campus students receiving title-IV aid were awarded grants averaging $5,284.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,111 |
| $30,001 – $75,000 | $9,079 |
| Over $75,000 | $12,960 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $12,186 |
| Off-campus title-IV students | $9,804 |
For an estimate tailored to your family circumstances, see North Hennepin Community College’s net price calculator: www.nhcc.edu/about-nhcc/administration/college-policies-procedures-disclosures/disclosures/net-price-calculator.
The middle student in the debt distribution at North Hennepin Community College owes $9,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,000 |
| Median federal debt (graduates only) | $14,750 |
| Typical 10-year monthly payment (graduates) | $156.37/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at North Hennepin Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,700 |
| 75th percentile | $18,267 |
| 90th percentile (highest-debt students) | $31,246 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,080 |
| Middle income | $9,400 |
| High income | $6,337 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $7,990 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,250 |
| Independent students | $11,771 |
The figure below distills the debt data into a single burden category for North Hennepin Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at North Hennepin Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19935 |
| Total Stafford loan amount | $279,864,201 |
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 | 38 |
| Total GI Bill amount | $118,070 |
| Average GI Bill amount per recipient | $3,107 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 21 |
| Total DoD amount | $38,190 |
| Average DoD amount per recipient | $1,819 |
References
More about our data sources and methodologies.