Scholarships, Grants, and Loan Trends at Kettering

4%

Received Percent Changed

$6,407

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,651, which is 95.00 % of all undergraduate students. 1,018 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $6,614.

For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 66% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Kettering University since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,651, which is 95.00 % of all undergraduate students. 1,018 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $6,614.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,618 (93%)$17,188427 (25%)$4,3621,314 (76%)$6,986
2015-161,763 (96%)$17,318432 (23%)$4,2531,078 (59%)$6,716
2016-171,731 (91%)$17,775383 (20%)$4,3401,091 (57%)$6,555
2017-181,829 (97%)$18,470424 (22%)$4,2341,114 (59%)$6,433
2018-191,828 (97%)$19,145379 (20%)$4,3721,067 (57%)$6,554
2019-201,743 (97%)$20,365359 (20%)$4,470937 (52%)$6,415
2020-211,497 (90%)$23,386294 (18%)$4,5811,167 (70%)$6,930
2021-221,475 (97%)$23,975273 (18%)$4,733736 (49%)$6,392
2022-231,375 (97%)$23,595239 (17%)$4,827656 (46%)$6,542
Average1,651 (95.00%)$20,135357 (20.33%)$4,4641,018 (58.33%)$6,614
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 353 (99.78 % of students) received grants or scholarships and its average amount is $21,318. It can cover 45.92% of tuition & fees ($46,425).

In addition, 236 (66.33 % of students) students get helped from the students loans (average amount : $11,512).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15364 (100%)$18,092330 (91%)$9,626
2015-16433 (100%)$17,468279 (64%)$11,054
2016-17361 (99%)$18,564245 (67%)$12,326
2017-18371 (100%)$20,191240 (65%)$11,672
2018-19361 (99%)$21,172226 (62%)$11,641
2019-20346 (100%)$23,367190 (55%)$12,274
2020-21338 (100%)$23,320285 (84%)$9,953
2021-22305 (100%)$24,697176 (58%)$12,071
2022-23294 (100%)$24,994149 (51%)$12,995
Average353 (99.78%)$21,318236 (66.33%)$11,512
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 73 (20.56 % of students) received Pell (federal) grants and its average amount is $4,634.

In addition, 180 students received State/local government grants/scholarships (50.89 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1580 (22%)$4,64243 (12%)$1,674209 (57%)$1,595363 (100%)$16,002
2015-16107 (25%)$4,10239 (9%)$1,923229 (53%)$1,800428 (99%)$15,508
2016-1775 (21%)$4,22832 (9%)$1,972186 (51%)$1,779361 (99%)$16,594
2017-1881 (22%)$4,34430 (8%)$1,831197 (53%)$1,942371 (100%)$18,063
2018-1986 (24%)$4,40134 (9%)$1,875177 (49%)$2,320359 (99%)$18,915
2019-2070 (20%)$4,78632 (9%)$1,875186 (54%)$2,708346 (100%)$20,770
2020-2159 (17%)$5,08939 (12%)$1,756164 (49%)$2,703322 (95%)$21,957
2021-2247 (15%)$4,855302 (99%)$1,274148 (49%)$2,648305 (100%)$21,403
2022-2355 (19%)$5,26151 (17%)$1,729126 (43%)$2,900294 (100%)$22,467
Average73 (20.56%)$4,63467 (20.44%)$1,768180 (50.89%)$2,266350 (99.11%)$19,075
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 236 (66.33 % of students) get any students loan help and its average loan amount is $236.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15330 (91%)$9,626328 (90%)$6,08668 (19%)$17,358
2015-16279 (64%)$11,054266 (61%)$5,61182 (19%)$19,410
2016-17245 (67%)$12,326238 (66%)$5,44684 (23%)$20,521
2017-18240 (65%)$11,672236 (64%)$5,42073 (20%)$20,853
2018-19226 (62%)$11,641220 (61%)$5,56270 (19%)$20,104
2019-20190 (55%)$12,274189 (55%)$5,35265 (19%)$20,317
2020-21285 (84%)$9,953285 (84%)$5,56358 (17%)$21,569
2021-22176 (58%)$12,071165 (54%)$5,19560 (20%)$21,122
2022-23149 (51%)$12,995140 (48%)$5,50552 (18%)$22,415
Average236 (66.33%)$11,512230 (64.78%)$5,52768 (19.33%)$20,408

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