$5,524

Avg. Federal Grant

$3,609

Avg. Federal Loan

$36,389,262

Total Aid Awarded

Kenyon College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$36.389M

Financial Aid Official Website

www.kenyon.edu/admissions-aid/

Students can avail of scholarships provided by the college, such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Distinguished Academic Scholarships, and Dr. Allen Smith Memorial Scholarship, if they find educational expenses to be on the higher side. Notably, 73% of the students at Kenyon College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,422,529. One can visit KC's financial aid page at http://www.kenyon.edu/admissions-aid/ for more information. Notably, a total of 10% of the applicants to Kenyon College receive the Federal Grant every year. In comparison, 70% of the students are awarded the Student Grant, 70% get the Institution Grant, and 10% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $6,917, the State Grant receivers and Institution Grant beneficiaries get $2,691 and $32,860, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,474. 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 $54,677 per year. The average aid amount stands at $52,384 for an annual family income between $30,001 and $48,000. This amount comes to $51,882 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 $48,072. And, for those with a family income of more than $110,000, the amount stands at $23,697. 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. Candidates are also required to repay these loans within a given period. At Kenyon College, the percentage of candidates who opt to avail of student loans is around 32%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

9%

State Grant Aid

1%

Institution Grant Aid

58%

Pell Grant

9%

Average Aid Awarded

Federal Grant Aid

$5,524

State Grant Aid

$2,519

Institution Grant Aid

$36,166

Pell Grant

$4,553

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$55,423

$30,001 - $48,000

$62,027

$48,001 - $75,000

$55,048

$75,001 - $110,000

$46,611

Over $110,000

$26,338

Student Loans for Kenyon College

Average Loan Amount Average Loan Amount received per year.

$5,317/Year

Students Taking Out Loans

27%

Loan Default Rate

0.5%

Other Private not-for-profit Colleges

Harvard University
Harvard University

Cambridge, Massachusetts

Johns Hopkins University
Johns Hopkins University

Baltimore, Maryland

Keiser University
Keiser University

Fort Lauderdale, Florida