Keuka College Financial Aid and Scholarships
Students Receiving Aid
88%
Total Aid Amount
$22.716M
Financial Aid Official Website
https://www.keuka.edu/admissions/financial-aid/freshman
As many as 99% of the students at KC get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,330,740 in a year. More information regarding the financial assistance schemes can be accessed on KC’s official financial aid page at https://www.keuka.edu/admissions/financial-aid/freshman. At KC, the total percentage of applicants who receive the Federal Grant stands at 49%. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 44% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,007, while the same comes to $3,478 for State Grant receivers and $19,223 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,227. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $24,494 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $21,049, while those falling in the $48,001-$75,000 income category get $18,774 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $17,501. And, for those with a family income of more than $110,000, the amount stands at $15,942. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At KC, an estimated number of 87% of the applicants choose to go for student loans.