Number Received Financial Aid (All Undergraduate)
2,027
Percent Received Financial Aid(All Undergraduate)
51%
Average Aid Amount
$4,141
Number Received Financial Aid (Freshmen)
192
Percent Received Financial Aid (Freshmen)
75%
Financial Aid Information at Hennepin Technical
For the academic year 2023-2024, a total of 2,027 students (51% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,141. For freshmen (Full-time, first-time degree-seeking undergraduate students), 192 students (75% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Hennepin Technical College is $5,940, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,027 students (51% of all students) have received grants or scholarships and the average received aid amount is $4,141. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Hennepin Technical College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,027 | 51% | $4,141 |
| Pell Grants | 1,050 | 26% | $3,544 |
| Federal Student Loans | 808 | 20% | $7,286 |
Beginning Students Financial Aid
a total of 192 beginning students (75% of all freshmen) have received any financial aid and 175 students (68% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Hennepin Technical College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 192 | 75% | - |
| Grants or Scholarship from All Sources | 147 | 57% | $5,524 |
| Federal Grants | 124 | 48% | $4,270 |
| Pell Grants | 96 | 38% | $4,756 |
| Other Federal Grants | 79 | 31% | $922 |
| State/Local Grants | 109 | 43% | $2,317 |
| Institutional Grants | 22 | 9% | $1,364 |
| Student Loans | 67 | 26% | $6,198 |
| Federal Student Loans | 66 | 26% | $5,751 |
| Other Student Loans | 4 | 2% | $8,920 |
Students Headcount by Living Status
For academic year 2023-2024, total 122 full-time beginning students have enrolled and attended Hennepin Technical College. Among them, 0 students have lived on campus and 54 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 44 | 76 | 66 |
| Living Off-Campus without Family | 56 | 73 | 54 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| 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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