$4,419

Avg. Federal Grant

$4,252

Avg. Federal Loan

$7,552,285

Total Aid Awarded

Hagerstown Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

66%

Total Aid Amount Average Total Aid Awarded per year.

$7.552M

Financial Aid Official Website

www.hagerstowncc.edu/financial-aid

Among them are scholarship programs such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship. Notably, 77% of the students at Hagerstown Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,145,242. The total percentage of candidates applying to Hagerstown Community College who receive the Federal Grant is 47%. In comparison, 63% of the students are awarded the Student Grant, 23% get the Institution Grant, and 45% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,297, and the same stands at $947 for State Grant awardees and $1,480 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,442. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 27% of the applicants to Hagerstown Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

15%

Institution Grant Aid

22%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,419

State Grant Aid

$1,083

Institution Grant Aid

$1,680

Pell Grant

$4,300

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,493

$30,001 - $48,000

$5,403

$48,001 - $75,000

$3,831

$75,001 - $110,000

$1,324

Over $110,000

$456

Student Loans for Hagerstown Community College

Average Loan Amount Average Loan Amount received per year.

$4,252/Year

Students Taking Out Loans

34%

Loan Default Rate

15.3%

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