Financial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Interested in understanding the financial aid resources available at Kellogg Community College and your eligibility? Find the answers you seek below.
$4,228.00 is the typical Kellogg Community College’s first year financial aid package. About 90% of first year students receive financial aid, most of which is in the form of loans.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Kellogg Community College.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers listed below make reference to help that is offered by Kellogg Community College.
13% of incoming freshmen (26 total) were given scholarships at Kellogg Community College, averaging $2,277.00 per student. This puts it in the bottom 50th percentile among colleges and universities nationwide.
In addition to scholarships, 83% of first-year students (161 total) got federal grant aid, averaging $3,639.00 per person.
Amount of Financial Assistance Per Income Level
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 20.51% | $6,363.00 |
Income 30k-48k | 6.67% | $3,911.00 |
Income 48k-75k | 12.82% | $4,199.00 |
Income 75k-110k | 4.62% | $1,648.00 |
Income 110k + | 7.18% | $1,084.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
176 Kellogg Community College undergrads obtain grant aid (this is about 90% of the entire undergraduate student population). The average amount these students receive is $4,228.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.