Holyoke Community College Financial Aid and Scholarships
Students Receiving Aid
60%
Total Aid Amount
$12.956M
Financial Aid Official Website
www.hcc.edu/tuition-and-aid/financial-aid
Students can avail of scholarships provided by the college, such as Billie Foster and Bertha Weinberg Scholarship, Heriberto Flores Scholarship, MASSGrant Program, and New England Regional Student Program, if they find educational expenses to be on the higher side. As many as 79% of the students at HCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,047,988 in a year. For additional information about financial assistance schemes, one can head over to HCC’s financial aid page at http://www.hcc.edu/tuition-and-aid/financial-aid. The total percentage of candidates applying to Holyoke Community College who receive the Federal Grant is 60%. On the other hand, 70% of the candidates get the Student Grant, 31% receive the Institution Grant, and 60% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,683, the State Grant receivers and Institution Grant beneficiaries get $1,388 and $415, respectively. And, for the Pell Grant awardees, the average aid amount is $3,520. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At HCC, an estimated number of 32% of the applicants choose to go for student loans.