by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$7,364.00 is the typical Henry Ford College’s first year financial aid package. About 87% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Henry Ford College.
In addition to scholarships, 77% of first-year students (1121 total) got federal grant aid, averaging $6,690.00 per person.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
77% of freshman students at Henry Ford College (1121 total) got a federal grant, averaging $6,690.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 56.58% | $7,920.00 |
| Income 30k-48k | 12.47% | $7,211.00 |
| Income 48k-75k | 6.03% | $4,259.00 |
| Income 75k-110k | 1.10% | $1,049.00 |
| Income 110k + | 0.14% | $506.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
1177 Henry Ford College undergrads obtain grant aid (this is about 87% of the entire undergraduate student population). The average amount these students receive is $7,364.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.