Hennepin Technical College

In 2021, Hennepin Technical College's tuition was $5,342 a year for in-state students and $5,342 a year for out-of-state students.

Usually, college tuition goes up about 3% every year.

If these numbers feel scary, remember, the "sticker price" of tuition does not give you all the info you need to know how much you will actually have to pay for college. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college feel more doable until you're done with college.

For information on Hennepin Technical College's financial aid options for first-year students, check with the school directly.

Hennepin Technical College: In-state vs. Out-of-State Tuition

Hennepin Technical College is a public, state institution, which means it offers a reduced tuition rate of $5,342 for in-state students who attend full-time.

Public colleges and universities receive funding from the state government. Public insitutions often offer a lower cost of attendance for students who are residents of that state.

Choosing an insitution where you are eligible for the reduced tuition offered to state residentscan save students a lot of money on the total cost of attending college. Take the time to verify your state's criteria for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on the state you and your parents currently reside in.

Explore other Minnesota colleges

Is Hennepin Technical College's Tuition Different for International Students?

Tuition at Hennepin Technical College is the same for each student.

Students from outside of the U.S. are not eligible for federal financial aid, but should research private or school-specific aid and scholarships.

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Hennepin Technical College Living Expenses, Fees, and More

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In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Hennepin Technical College.

Room and Board Costs at Hennepin Technical College

Hennepin Technical College doesn't provide on-campus housing for students, so there is no cost for housing, however students should consider the cost of off-campus housing when looking at the actual cost of different colleges.

Board costs can depend on how many meals are included in the plan you choose.

Cost of Books at Hennepin Technical College

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer ways so that those who may struggle to participate because of cost can get help covering these costs.

The Cost of Transportation at Hennepin Technical College

The cost of getting around in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or will you need to use public transportation? All of these factors can make a big difference in your estimated cost of transportation.

A school's location can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area can be expensive, but cities may offer more buses, trains or low-cost flight options to actually get to school. The Hennepin Technical College campus is located in a city in Minnesota, not far from Minneapolis-St. Paul.

Other Costs

When estimating your budget for college, don’t forget to factor in the cost of things like entertainment, clothes, furnishings and toiletries.

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Financial Breakdown for Hennepin Technical College

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Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending Hennepin Technical College.

Total Cost of Hennepin Technical College

What will the cost of attending Hennepin Technical College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$5,342
Out-of-State Tuition	$5,342

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Hennepin Technical College Financial Aid

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Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Hennepin Technical College financial aid, keep reading, or visit their financial aid website.

Scholarships at Hennepin Technical College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Hennepin Technical College Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Hennepin Technical College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Hennepin Technical College seem more manageable.

What will attending Hennepin Technical College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Hennepin Technical College's net cost calculator on their website.

Hennepin Technical College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Hennepin Technical College does not have guaranteed tuition.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Hennepin Technical College Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

Check the financial aid website for more information on payment plans and tuition waivers.

Hennepin Technical College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2021, the total market value of Hennepin Technical College's endowment was $900000 thousand. The average college endowment was $905 million in 2021. For each full-time student, Hennepin Technical College spends about $6,930 a year.

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Learn More About Hennepin Technical College

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