$4,606

Avg. Federal Grant

$5,136

Avg. Federal Loan

$6,204,167

Total Aid Awarded

Kentucky Christian University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

85%

Total Aid Amount Average Total Aid Awarded per year.

$6.204M

Financial Aid Official Website

https://www.kcu.edu/campus-offices/financial-aid/

Among them are scholarship programs such as Educational Foundation of the KYCPA Scholarships, Great Commission Award, Honors Scholarship, and J. Lowell Lusby Excellence Scholarship. Notably, 98% of the students at Kentucky Christian University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,144,602. For additional information about financial assistance schemes, one can head over to KCU’s financial aid page at https://www.kcu.edu/campus-offices/financial-aid/. The total percentage of candidates applying to Kentucky Christian University who receive the Federal Grant is 52%. Meanwhile, 98% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,180, while the same comes to $4,002 for State Grant receivers and $9,573 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,173. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $14,782 per year. The average aid amount stands at $16,480 for an annual family income between $30,001 and $48,000. This amount comes to $14,114 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $12,585. And, for those with a family income of more than $110,000, the amount stands at $8,628. 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 KCU, an estimated number of 81% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

47%

Institution Grant Aid

100%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,606

State Grant Aid

$3,863

Institution Grant Aid

$9,635

Pell Grant

$4,403

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,923

$30,001 - $48,000

$15,888

$48,001 - $75,000

$12,648

$75,001 - $110,000

$12,041

Over $110,000

$11,064

Student Loans for Kentucky Christian University

Average Loan Amount Average Loan Amount received per year.

$5,673/Year

Students Taking Out Loans

85%

Loan Default Rate

11.6%

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