$4,140

Avg. Federal Grant

$6,020

Avg. Federal Loan

$2,580,677

Total Aid Awarded

Kettering College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$2.581M

Financial Aid Official Website

kc.edu/admissions/financial-aid/

Interestingly, almost all of the students at KC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,198,933 in a year. One can visit KC's financial aid page at http://kc.edu/admissions/financial-aid/ for more information. The total percentage of candidates applying to Kettering College who receive the Federal Grant is 35%. On the other hand, 95% of the candidates get the Student Grant, 91% receive the Institution Grant, and 35% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,360, while the same comes to $2,850 for State Grant receivers and $4,378 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,905. 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 $13,146 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $5,566 and $2,616, respectively. Those with an annual income level of $75,001-$110,000 would receive $1,741, while candidates with more than $110,000 of family income receive an average federal aid of $2,396. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 70% of the applicants to Kettering College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

25%

Institution Grant Aid

83%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,140

State Grant Aid

$2,458

Institution Grant Aid

$2,063

Pell Grant

$4,140

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,153

$30,001 - $48,000

$10,540

$48,001 - $75,000

$2,738

$75,001 - $110,000

$3,129

Over $110,000

$1,274

Student Loans for Kettering College

Average Loan Amount Average Loan Amount received per year.

$10,270/Year

Students Taking Out Loans

75%

Loan Default Rate

2.2%

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