Scholarships, Grants, and Loan Trends at HCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,797, which is 68.78 % of all undergraduate students. 1,074 students which is 25.67% of undergraduate students received federal student loans and the average loan amount is $4,939.
For full-time, first-time beginning students (freshmen), 66.11% of students received grants or scholarships and 27% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Hagerstown Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,797, which is 68.78 % of all undergraduate students. 1,074 students which is 25.67% of undergraduate students received federal student loans and the average loan amount is $4,939.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,916 (59%)$2,9041,784 (36%)$3,2921,534 (31%)$5,074
2014-152,917 (63%)$2,7261,680 (36%)$3,2051,358 (29%)$5,006
2015-162,659 (62%)$2,7231,401 (33%)$3,4001,174 (27%)$5,071
2016-172,588 (64%)$2,8761,343 (33%)$3,2601,067 (26%)$4,954
2017-182,679 (66%)$2,8191,441 (35%)$3,3861,080 (27%)$4,919
2018-192,850 (69%)$2,6361,430 (34%)$3,4421,065 (26%)$4,831
2019-202,673 (67%)$3,1231,448 (36%)$3,452927 (23%)$4,865
2020-212,377 (69%)$3,3581,158 (34%)$3,549773 (23%)$4,823
2021-223,517 (100%)$2,8921,110 (31%)$3,567687 (19%)$4,908
Average2,797 (68.78%)$2,8951,422 (34.22%)$3,3951,074 (25.67%)$4,939

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

For the last 10 years, on average, 273 (66.11 % of students) received grants or scholarships and its average amount is $4,069. It can cover 49.68% of tuition & fees ($8,190) based on out-of-state rate.
In addition, 108 (26.89 % of students) students get helped from the students loans (average amount : $4,805).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14260 (63%)$3,87073 (18%)$7,742
2014-15199 (60%)$4,124111 (34%)$4,694
2015-16223 (62%)$4,20799 (27%)$4,822
2016-17197 (55%)$3,252130 (37%)$4,408
2017-18257 (64%)$4,335136 (34%)$4,252
2018-19255 (63%)$3,957111 (27%)$4,230
2019-20343 (64%)$3,855119 (22%)$4,315
2020-21285 (65%)$4,874111 (25%)$4,120
2021-22441 (99%)$4,14481 (18%)$4,664
Average273 (66.11%)$4,069108 (26.89%)$4,805
*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 10 years, on average, 181 (44.11 % of students) received Pell (federal) grants and its average amount is $4,222.
In addition, 52 students received State/local government grants/scholarships (12.44 % 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
2013-14190 (46%)$4,05969 (17%)$1,68824 (6%)$1,34268 (17%)$1,269
2014-15145 (44%)$3,98029 (9%)$2,34633 (10%)$1,31372 (22%)$1,836
2015-16165 (46%)$4,37816 (4%)$1,91450 (14%)$1,05182 (23%)$1,617
2016-17140 (39%)$3,68611 (3%)$1,71932 (9%)$92953 (15%)$1,435
2017-18196 (49%)$4,30030 (8%)$1,95460 (15%)$1,08388 (22%)$1,680
2018-19183 (45%)$4,27813 (3%)$2,58058 (14%)$94793 (23%)$1,480
2019-20241 (45%)$4,39110 (2%)$1,59093 (17%)$1,144100 (19%)$1,419
2020-21195 (44%)$4,355171 (39%)$1,64337 (8%)$2,45290 (20%)$1,870
2021-22171 (39%)$4,573441 (99%)$1,46785 (19%)$2,035108 (24%)$2,090
Average181 (44.11%)$4,22288 (20.44%)$1,87852 (12.44%)$1,36684 (20.56%)$1,633
*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 10 years, on average, 108 (26.89 % of students) get any students loan help and its average loan amount is $108.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1473 (18%)$7,74273 (18%)$7,742--
2014-15111 (34%)$4,694111 (34%)$4,694--
2015-1699 (27%)$4,82299 (27%)$4,822--
2016-17130 (37%)$4,408130 (37%)$4,408--
2017-18136 (34%)$4,252136 (34%)$4,252--
2018-19111 (27%)$4,230111 (27%)$4,230--
2019-20119 (22%)$4,315119 (22%)$4,315--
2020-21111 (25%)$4,120111 (25%)$4,120--
2021-2281 (18%)$4,66481 (18%)$4,664--
Average108 (26.89%)$4,805108 (26.89%)$4,805--
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