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Kent State University at Salem Financial Aid & Scholarships

90% Freshmen Get Financial Aid
$5,679 Average Grant & Scholarship
45% Undergrads Get Grant Aid

A large number of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Kent State University at Salem can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial aid options can Kent State University at Salem offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to see what amount of financial assistance could be accessible to you.

Importance of Kent State University at Salem Financial Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Kent State University at Salem.

Freshman Financial Aid at Kent State University at Salem

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Kent State University at Salem, 90% of the incoming full-time class was awarded financial aid (about 110 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$5,135
Institutional grants & scholarships34%$1,447
Federal Pell grants55%$5,716
State/local grants12%$1,490
Federal student loans52%$5,207

Grant Aid for Undergraduates at Kent State University at Salem

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 45% of undergraduates were awarded grant or scholarship aid averaging $5,679 (across approximately 407 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)45%$5,679
Federal Pell grants33%$5,544
Federal student loans40%$6,911

On-campus students receiving title-IV aid were awarded grants averaging $4,647.

Income-Adjusted Net Price at Kent State University at Salem

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$8,775
$30,001 – $75,000$10,779
Over $75,000$14,705

Each amount is the average cost remaining once grant aid is subtracted, by income band.

The Real Cost of Attending Kent State University at Salem

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$13,799
Off-campus title-IV students$11,593

For an estimate tailored to your family circumstances, see Kent State University at Salem’s NPC: www.kent.edu/financialaid/calculator.

Student Debt Levels at Kent State University at Salem

The middle student in the debt distribution at Kent State University at Salem owes $17,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$17,500
Median federal debt (graduates only)$24,500
Typical 10-year monthly payment (graduates)$259.74/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

How Debt Is Distributed Across Students

A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Kent State University at Salem.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,325
25th percentile$6,251
75th percentile$29,000
90th percentile (highest-debt students)$42,500

Median Debt by Student Group at Kent State University at Salem

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$16,500
Middle income$17,838
High income$17,500

By First-Generation Status

CohortMedian federal debt
First-generation students$17,500
Continuing-generation students$16,850

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$17,328
Independent students$18,751

At-a-Glance Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Kent State University at Salem.

Federal Loan Volume at Kent State University at Salem

Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at Kent State University at Salem:

MetricValue
Stafford loan recipients137131
Total Stafford loan amount$3,224,471,489

Veteran and Military Aid at Kent State University at Salem

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients12
Total GI Bill amount$96,428
Average GI Bill amount per recipient$8,036

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

More Financial Aid Resources from Kent State University at Salem

References

More about our data sources and methodologies.

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