by our College Data Analytics TeamA large number of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Keene State College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will Keene State deliver, and just what are you going to be eligible for? Read on for answers. Read on to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Keene State College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Keene State College, 100% of the incoming full-time class was awarded financial aid some 727 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $12,302 |
| Institutional grants & scholarships | 100% | $9,735 |
| Federal Pell grants | 28% | $5,189 |
| State/local grants | 20% | $2,620 |
| Federal student loans | 65% | $5,177 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Keene State, around 96% of undergrads got grants or scholarships worth on average $10,808 (across approximately 2611 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $10,808 |
| Federal Pell grants | 26% | $5,349 |
| Federal student loans | 67% | $6,194 |
On-campus students receiving title-IV aid were awarded grants averaging $12,106.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,248 |
| $30,001 – $75,000 | $15,109 |
| Over $75,000 | $23,032 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,887 |
| Off-campus title-IV students | $19,164 |
To get a personalized net price estimate, try Keene State’s net price tool: www.keene.edu/npc/.
A typical borrower at Keene State leaves with $19,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $25,749 |
| Typical 10-year monthly payment (graduates) | $272.98/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Keene State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,865 |
| Middle income | $19,990 |
| High income | $20,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,990 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,813 |
| Independent students | $14,000 |
A handful of calculated indicators summarize the debt outlook at Keene State.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Keene State:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16584 |
| Total Stafford loan amount | $263,301,605 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 40 |
| Total GI Bill amount | $442,750 |
| Average GI Bill amount per recipient | $11,069 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $12,000 |
| Average DoD amount per recipient | $4,000 |
References
More about our data sources and methodologies.