by our College Data Analytics TeamMany students attending Eastern Kentucky University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Uncover the various financial aid options provided by Eastern and determine which ones you may be eligible for by continuing your exploration.
Eastern Kentucky University average financial aid offer for freshmen students is $9,129.00. 99% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Eastern Kentucky University you may end up taking on.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The stats below refer to aid that is provided by Eastern Kentucky University.
77% of incoming freshmen (1761 total) were given scholarships at Eastern Kentucky University, averaging $6,584.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 47% of freshmen (1084 total) obtained a federal grant, for about $4,838.00 a piece.
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 | 22.03% | $12,051.00 |
| Income 30k-48k | 11.41% | $11,508.00 |
| Income 48k-75k | 10.75% | $9,097.00 |
| Income 75k-110k | 10.32% | $6,284.00 |
| Income 110k + | 9.62% | $6,042.00 |
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.
Of the 2297 undergraduate students at Eastern Kentucky University around 99% (2253 total) receive some form of grant aid. The typical amount awarded was $9,129.00.
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.