by our College Data Analytics TeamMany 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 cost of going to King’s College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can King’s College PA deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to find out how much school funding will 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 King’s College.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at King’s College, 100% of the incoming full-time class was awarded financial aid around 395 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $34,244 |
| Institutional grants & scholarships | 100% | $29,501 |
| Federal Pell grants | 40% | $6,010 |
| State/local grants | 41% | $4,880 |
| Federal student loans | 84% | $5,482 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At King’s College PA, about 94% of the undergraduate population received grant aid that averaged $30,671 (across approximately 1495 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $30,671 |
| Federal Pell grants | 30% | $5,711 |
| Federal student loans | 74% | $6,592 |
Title-IV recipients living on campus saw average grant aid of $34,880.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,021 |
| $30,001 – $75,000 | $20,909 |
| Over $75,000 | $26,782 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,093 |
| Off-campus title-IV students | $23,281 |
To get a personalized net price estimate, try King’s College PA’s NPC: www.kings.edu/cost-aid/business_office/net-price-calculator.html.
Graduating students at King’s College PA carry a median federal student debt of $22,847 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,847 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at King’s College PA.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,250 |
| 25th percentile | $8,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,979 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,811 |
| Middle income | $19,313 |
| High income | $24,272 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,250 |
| Continuing-generation students | $25,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,647 |
| Independent students | $23,453 |
These indicators are derived from the underlying debt data and summarize the overall picture at King’s College PA.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at King’s College PA:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9194 |
| Total Stafford loan amount | $174,484,545 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 18 |
| Total GI Bill amount | $426,276 |
| Average GI Bill amount per recipient | $23,682 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.