Financial Aid

 

 

 

 

 

Affordability

 

There's no better way to invest in your future than through education. Our cooperative education model prepares you for a bright future. And a Kettering education means a significant return on your investment during your lifetime.

Getting Started

Whether you need to learn about how financial aid works, have applied, are looking to continue receiving financial aid or are getting ready to graduate, you can use the following resources to help fund your education.

 

99%

of all students are offered grants, loans, and/or work-study.

92%

of upperclassmen receive financial aid offers.

68%

of graduates are paid in full or making progress on Federal Direct Loan payments within two years of graduation.

2024-25 FAFSA Application Portal Is Now Open 24/7 At FAFSA.gov

Update: March 7, 2024

FAFSA Data Transmission Delayed

At the end of January, the U.S. Department of Education announced a delay in sending FAFSA data to schools. Originally scheduled for late January, these data transmissions now are expected to begin in mid-March.

We have been preparing for the receipt of the data files by completing all necessary testing as software updates become available. Our goal is to provide new students with a financial aid offer at the first available opportunity. We recognize the uncertainty you may feel as you wait for this important financial information and are grateful for your patience.

The new FAFSA application is a simpler, quicker process! In its first week of launch, the site was down periodically as the U.S. Department of Education (ED) monitored the new user experience. The FAFSA is now up 24/7. This page at studentaid.gov has information about how to make sure you are prepared to complete the new FAFSA before beginning the process. ED also is reminding families that Federal Student Aid will not be transmitting FAFSA results to schools until March, so Kettering will not receive your FAFSA information until that time. For up-to-date information about the new FAFSA from ED, visit studentaid.gov. The FAFSA Simplification Act, passed by Congress in 2021, contains significant changes to how federal aid is processed. Key changes required by the law include:

  • A streamlined FAFSA application
  • A new method of determining aid called the Student Aid Index (SAI), which will replace Expected Family Contribution (EFC)

Please reach out to the Office of Financial Aid at Kettering with any questions.

The Biden-Harris Administration's Student Debt Relief Plan

You may have heard that President Biden planned a loan forgiveness program for federal student
borrowers to assist with federal student loan debt. That program has been prohibited by a Supreme Court ruling.

The Supreme Court issued a decision blocking President Biden from moving forward with the one-time student debt relief plan. Learn about the actions President Biden announced following the decision and find out how this decision impacts you.

In addition, you may qualify for one of the existing student loan forgiveness programs.

Finally, the new Saving on a Valuable Education (SAVE) Plan is the most affordable student loan repayment plan for most borrowers. Under the SAVE Plan, making even periodic or partial payments lowers the amount of interest you accrue each month.

We Are Here To Help

The Kettering University Financial Aid team is dedicated to assisting you throughout the financial aid process. If are unable to find the answers within our Financial Aid pages, there are multiple ways to contact us.