by our College Data Analytics TeamThe majority of students will not be asked to pay 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 Kettering College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Kettering College provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Kettering College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Kettering College, 100% of entering full-time freshmen got some type of financial assistance (about 34 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $10,789 |
| Institutional grants & scholarships | 100% | $6,854 |
| Federal Pell grants | 35% | $6,586 |
| State/local grants | 35% | $4,291 |
| Federal student loans | 62% | $6,340 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 64% of undergrads got grants or scholarships worth on average $10,892 (across approximately 406 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $10,892 |
| Federal Pell grants | 24% | $5,701 |
| Federal student loans | 42% | $8,706 |
Title-IV recipients living on campus saw average grant aid of $11,189.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,017 |
| $30,001 – $75,000 | $13,392 |
| Over $75,000 | $17,546 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,650 |
| Off-campus title-IV students | $15,156 |
For an estimate tailored to your family circumstances, see Kettering College’s net price calculator: kc.edu/admissions/student-financial-services/net-price-calculator/.
The middle student in the debt distribution at Kettering College owes $19,456 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,456 |
| Median federal debt (graduates only) | $23,500 |
| Typical 10-year monthly payment (graduates) | $249.14/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Kettering College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,500 |
| 75th percentile | $33,500 |
| 90th percentile (highest-debt students) | $45,117 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,456 |
| Middle income | $19,750 |
| High income | $18,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,750 |
| Continuing-generation students | $19,900 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,500 |
| Independent students | $21,882 |
The figure below distills the debt data into a single burden category for Kettering College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Kettering College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3923 |
| Total Stafford loan amount | $101,833,982 |
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 | 19 |
| Total GI Bill amount | $302,922 |
| Average GI Bill amount per recipient | $15,943 |
References
More about our data sources and methodologies.