Howard College Financial Aid and Scholarships
Students Receiving Aid
65%
Total Aid Amount
$6.772M
Financial Aid Official Website
https://howardcollege.edu/students/financial-aid-and-scholarships/
It is interesting to note that, every year, around 87% of students at HC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,061,749. For additional information about financial assistance schemes, one can head over to HC’s financial aid page at https://howardcollege.edu/students/financial-aid-and-scholarships/. Notably, a total of 59% of the applicants to Howard College receive the Federal Grant every year. On the other hand, 83% of the candidates get the Student Grant, 34% receive the Institution Grant, and 59% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,980, the State Grant receivers and Institution Grant beneficiaries get $2,382 and $3,852, respectively. And, for the Pell Grant awardees, the average aid amount is $5,141. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At HC, an estimated number of 13% of the applicants choose to go for student loans.
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