Kettering College Financial Aid and Scholarships
Students Receiving Aid
71%
Total Aid Amount
$2.581M
Financial Aid Official Website
kc.edu/admissions/financial-aid/
Interestingly, almost all of the students at KC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,198,933 in a year. One can visit KC's financial aid page at http://kc.edu/admissions/financial-aid/ for more information. The total percentage of candidates applying to Kettering College who receive the Federal Grant is 35%. On the other hand, 95% of the candidates get the Student Grant, 91% receive the Institution Grant, and 35% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,360, while the same comes to $2,850 for State Grant receivers and $4,378 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,905. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $13,146 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $5,566 and $2,616, respectively. Those with an annual income level of $75,001-$110,000 would receive $1,741, while candidates with more than $110,000 of family income receive an average federal aid of $2,396. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 70% of the applicants to Kettering College opt for student loans.