$4,407

Avg. Federal Grant

N/A

Avg. Federal Loan

$6,396,735

Total Aid Awarded

Kaskaskia College (KC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

40%

Total Aid Amount Average Total Aid Awarded per year.

$6.397M

Financial Aid Official Website

https://www.kaskaskia.edu/admissions/financial-aid/

Students can avail of scholarships provided by the college, such as AMVETS Post #100 Scholarship, August & Edna Zahatko Scholarship, Grant Program for Descendants of Police, Fire, or Correctional Officers, and Illinois Incentive for Access, if they find educational expenses to be on the higher side. Notably, around 78% of the students at Kaskaskia College receive some kind of financial aid every year, official data shows. More information regarding the financial assistance schemes can be accessed on KC’s official financial aid page at https://www.kaskaskia.edu/admissions/financial-aid/. Notably, a total of 51% of the applicants to Kaskaskia College receive the Federal Grant every year. On the other hand, 66% of the candidates get the Student Grant, 25% receive the Institution Grant, and 50% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,446, the State Grant receivers and Institution Grant beneficiaries get $1,280 and $4,289, respectively. And, for the Pell Grant awardees, the average aid amount is $4,129. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 4% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

24%

Institution Grant Aid

27%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,407

State Grant Aid

$1,086

Institution Grant Aid

$4,180

Pell Grant

$4,397

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,663

$30,001 - $48,000

$3,966

$48,001 - $75,000

$3,709

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Kaskaskia College (KC)

Average Loan Amount Average Loan Amount received per year.

$7,077/Year

Students Taking Out Loans

10%

Loan Default Rate

9%

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