For the academic year 2022-2023, total 954 full-time, first-time students (84% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 6,793 students (60% of all students) received grants or scholarships and the average grant amount is $7,490. In addition, 2,146 students received student loans and the average loan amount is $5,499.
Below tables show the number and amount by source of financial aid at Henry Ford College.
For all undergraduate students, total 6,793 students (60% of all students) received grants or scholarships and the average grant amount is $7,490. In addition, 2,146 students received student loans and the average loan amount is $5,499.
Below tables show the number and amount by source of financial aid at Henry Ford College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 6,793 | 60% | $7,490 |
| Pell Grants | 5,414 | 48% | $5,468 |
| Federal Student Loans | 2,146 | 19% | $5,499 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 954 | 84% | - |
| Grants or Scholarship from All Sources | 891 | 79% | $7,311 |
| Federal Grants | 824 | 73% | $6,629 |
| Pell Grants | 820 | 72% | $6,429 |
| Other Federal Grants | 317 | 28% | $603 |
| State/Local Grants | 387 | 34% | $2,494 |
| Institutional Grants | 42 | 4% | $2,060 |
| Student Loans | 231 | 20% | $5,077 |
| Federal Student Loans | 231 | 20% | $5,077 |
| Other Student Loans | 0 | 0% | $0 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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