$4,271

Avg. Federal Grant

$5,504

Avg. Federal Loan

$73,468,642

Total Aid Awarded

Kansas State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$73.469M

Financial Aid Official Website

www.k-state.edu/sfa

Such schemes include Achievement Award, Activity Scholarship, Albert M. Lappin Scholarship, and Denison Award. Notably, 88% of the students at Kansas State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $50,157,454. More information regarding the financial assistance schemes can be accessed on KSU’s official financial aid page at http://www.k-state.edu/sfa. The total percentage of candidates applying to Kansas State University who receive the Federal Grant is 22%. In comparison, 80% of the students are awarded the Student Grant, 77% get the Institution Grant, and 21% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,570, and the same stands at $1,414 for State Grant awardees and $6,971 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,192. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 46% of the applicants to Kansas State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

21%

State Grant Aid

15%

Institution Grant Aid

75%

Pell Grant

21%

Average Aid Awarded

Federal Grant Aid

$4,271

State Grant Aid

$1,394

Institution Grant Aid

$5,725

Pell Grant

$4,139

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants, and institutional grants with institutional grants having the highest percentage contribution of 75% with an average aid amount being $5725.

Federal grants have a percentage of 21% with an average aid amount of $4271 which is higher than the State grant aid average of $4139.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,443

$30,001 - $48,000

$8,824

$48,001 - $75,000

$6,478

$75,001 - $110,000

$3,786

Over $110,000

$2,489

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $9443 while those with family income over $110,000 can expect to receive an aid amount of $2489. This helps students who are coming from low-income homes to pay for their degrees.

You will find this amount to be lowered up to $8,824 in case of an income between the range of $30,001-$48,000. The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $6,478 and for a range of $75,001-$110,000, your net aid price will amount to $3,786.

Student Loans for Kansas State University

Average Loan Amount Average Loan Amount received per year.

$6,583/Year

Students Taking Out Loans

48%

Loan Default Rate

4.7%

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