1,853 students (48% of total 3,891 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Hennepin Technical College (Hennepin Technical). The average amount of the aid awarded is $4,690.
For the first-time, full-time beginning students (freshmen), 75% of total 326 enrolled students have received any kind of financial aid and its average amount of aid received is $6,364.
At Hennepin Technical College, 1,853 undergraduate students (48% of total 3,891 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,690.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,853 | 48% | $8,690,486 | $4,690 |
| Pell Grants | 1,114 | 29% | $4,510,537 | $4,049 |
| Federal Student Loan | 761 | 20% | $5,255,915 | $6,907 |
246 beginning undergraduate students (75% of total 326 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Hennepin Technical College. The average amount of aid received is $6,364.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 246 | 75% | - | - |
| Grants or Scholarships | 182 | 56% | $1,158,254 | $6,364 |
| Federal Grants | 144 | 44% | $760,563 | $5,282 |
| Pell Grants | 142 | 44% | $737,528 | $5,194 |
| Other Federal Grants | 56 | 17% | $23,035 | $411 |
| State/Local Grants | 165 | 51% | $377,879 | $2,290 |
| Institutional Grants | 11 | 3% | $19,812 | $1,801 |
| Student Loan Aid | 82 | 25% | $470,560 | $5,739 |
| Federal Student Loans | 82 | 25% | $447,060 | $5,452 |
| Other Student Loans | 2 | 1% | $23,500 | $11,750 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Hennepin Technical College.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 129 | 97 | $632,694 | $4,905 |
| 0-30,000 | 39 | 39 | $278,057 | $7,130 |
| 30,001-48,000 | 21 | 21 | $145,950 | $6,950 |
| 48,001-75,000 | 31 | 31 | $182,044 | $5,872 |
| 75,001-110,000 | 6 | 4 | $16,855 | $2,809 |
| 110,001 or more | 32 | 2 | $9,788 | $306 |
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