$5,050

Avg. Federal Grant

$5,916

Avg. Federal Loan

$38,497,698

Total Aid Awarded

Kings College (PA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$38.498M

Financial Aid Official Website

www.kings.edu/Admissions/financial_aid

Students can avail of scholarships provided by the college, such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Joseph P. Gavenonis Scholarship, and Ohio College Opportunity Grant, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 97% of students at KC receive some kind of financial aid, while the total amount of assistance/loans provided is $10,528,574. One can visit KC's financial aid page at https://www.tkc.edu/financial-aid/ for more information. The total percentage of candidates applying to King's College who receive the Federal Grant is 33%. In comparison, 97% of the students are awarded the Student Grant, 97% get the Institution Grant, and 33% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,418, while the same comes to $3,768 for State Grant receivers and $21,077 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,694. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $26,740 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $24,179, while those falling in the $48,001-$75,000 income category get $25,846 a year. On the other hand, the average federal aid stands at $22,214 for those with an annual family income between $75,001 and $110,000, and at $18,888 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 84% of the applicants to King's College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

26%

State Grant Aid

33%

Institution Grant Aid

93%

Pell Grant

26%

Average Aid Awarded

Federal Grant Aid

$5,050

State Grant Aid

$3,913

Institution Grant Aid

$20,104

Pell Grant

$4,603

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$27,569

$30,001 - $48,000

$27,191

$48,001 - $75,000

$24,319

$75,001 - $110,000

$22,415

Over $110,000

$19,569

Student Loans for Kings College (PA)

Average Loan Amount Average Loan Amount received per year.

$9,994/Year

Students Taking Out Loans

91%

Loan Default Rate

5%

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