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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Hennepin Technical College since 2011.
For that period, the average number of students who received grants aid/scholarships is 3,184, which is 59.27 % of all undergraduate students. 1,993 students which is 35.27% of undergraduate students received federal student loans and the average loan amount is $7,354.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-123,779 (56%)$3,2422,956 (44%)$3,0663,099 (46%)$7,042
2012-133,703 (56%)$3,4272,956 (45%)$3,0903,040 (46%)$7,451
2013-143,809 (59%)$3,2402,835 (44%)$3,0762,882 (45%)$7,270
2014-153,648 (61%)$3,3522,757 (46%)$3,1182,665 (45%)$7,659
2015-163,175 (56%)$3,4922,402 (42%)$3,1822,315 (41%)$7,771
2016-172,821 (50%)$3,4942,061 (37%)$3,1601,962 (35%)$7,578
2017-182,607 (51%)$3,4421,913 (38%)$3,2021,628 (32%)$7,497
2018-192,394 (50%)$3,6261,650 (35%)$3,2731,378 (29%)$7,329
2019-203,164 (68%)$2,8801,477 (32%)$3,3371,171 (25%)$6,889
2020-212,458 (60%)$3,2801,118 (27%)$3,422929 (23%)$7,083
2021-223,466 (85%)$3,3581,160 (28%)$3,420857 (21%)$7,326
Average3,184 (59.27%)$3,3482,117 (38.00%)$3,2131,993 (35.27%)$7,354

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 203 (64.64 % of students) received grants or scholarships and its average amount is $4,713. It can cover 80.14% of tuition & fees ($5,881) based on out-of-state rate.
In addition, 124 (38.18 % of students) students get helped from the students loans (average amount : $6,480).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12211 (60%)$4,253190 (54%)$6,309
2012-13224 (59%)$4,641185 (48%)$6,576
2013-14242 (65%)$4,568166 (44%)$6,747
2014-15199 (63%)$4,872136 (43%)$6,810
2015-16189 (59%)$4,958136 (42%)$6,436
2016-17173 (57%)$4,737122 (40%)$6,896
2017-18187 (56%)$4,500113 (34%)$6,577
2018-19186 (56%)$5,116101 (31%)$6,268
2019-20241 (88%)$3,79376 (28%)$5,914
2020-21117 (52%)$5,81768 (30%)$6,686
2021-22263 (96%)$4,59171 (26%)$6,062
Average203 (64.64%)$4,713124 (38.18%)$6,480
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 152 (47.45 % of students) received Pell (federal) grants and its average amount is $4,408.
In addition, 138 students received State/local government grants/scholarships (43.55 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12183 (52%)$4,06226 (7%)$383145 (41%)$85121 (6%)$991
2012-13200 (52%)$4,15140 (10%)$370154 (40%)$1,19313 (3%)$842
2013-14201 (54%)$4,49833 (9%)$394169 (45%)$1,03213 (3%)$1,076
2014-15170 (53%)$4,40246 (14%)$322146 (46%)$1,24021 (7%)$1,205
2015-16162 (50%)$4,48052 (16%)$285133 (41%)$1,26124 (7%)$1,202
2016-17134 (44%)$4,42729 (9%)$414133 (43%)$1,47018 (6%)$1,042
2017-18145 (44%)$4,37233 (10%)$376135 (41%)$1,35011 (3%)$1,187
2018-19145 (44%)$4,54930 (9%)$367139 (42%)$1,88919 (6%)$970
2019-20128 (47%)$4,603205 (75%)$453135 (49%)$1,54624 (9%)$976
2020-2191 (40%)$4,58059 (26%)$75593 (41%)$2,23712 (5%)$925
2021-22114 (42%)$4,367261 (95%)$1,578136 (50%)$1,89224 (9%)$1,675
Average152 (47.45%)$4,40874 (25.45%)$518138 (43.55%)$1,45118 (5.82%)$1,099
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 124 (38.18 % of students) get any students loan help and its average loan amount is $124.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12190 (54%)$6,309190 (54%)$6,1126 (2%)$6,250
2012-13185 (48%)$6,576185 (48%)$6,5491 (0%)$5,000
2013-14166 (44%)$6,747163 (44%)$6,6915 (1%)$5,889
2014-15136 (43%)$6,810134 (42%)$6,7763 (1%)$6,097
2015-16136 (42%)$6,436131 (41%)$6,3736 (2%)$6,738
2016-17122 (40%)$6,896118 (39%)$6,7615 (2%)$8,705
2017-18113 (34%)$6,577111 (33%)$6,3814 (1%)$8,725
2018-19101 (31%)$6,26899 (30%)$6,1423 (1%)$8,341
2019-2076 (28%)$5,91476 (28%)$5,8831 (0%)$2,300
2020-2168 (30%)$6,68668 (30%)$6,6301 (0%)$3,800
2021-2271 (26%)$6,06271 (26%)$6,062--
Average124 (38.18%)$6,480122 (37.73%)$6,3964 (1.43%)$6,185

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