KGI is pleased to offer Federal Subsidized and Unsubsidized Loans for undergraduate summer science courses. The parameters that a student must follow are listed below.
- Continuing KGI students who have not graduated
- Returning KGI students to complete an incomplete degree
- Newly admitted students for Fall 2020
- Enrolled in at least half-time, which is a minimum of 6 units. Aid is not available for students enrolled in one class
- Loans are the only aid available, no grants.
- If a non-KGI student, as determined by the Registrar’s Office, will be eligible to apply for private loans
Once you have been enrolled in the program and successfully completed all of the steps to obtain financial aid, your electronic award letter will be available on the KGI Student Portal. You must complete the following steps by June 1, 2020 to obtain a Federal Direct Loan(s) for the undergraduate science courses:
All steps can be completed at www.Studentloans.gov.
- Complete FAFSA – All students interested in receiving federal aid must complete the 2019-20 FAFSA (Free Application for Federal Student Aid). KGI’s School Code is G38533. If you have already completed your current year FAFSA with another school, please add KGI’s School Code.
- Complete Entrance Counseling – Entrance counseling is required before you can receive your first Federal Direct Loan from KGI.
- Sign Master Promissory Note(s) – Sign the Master Promissory Note for the Subsidized/Unsubsidized Loans. The Master Promissory Note (MPN) is a legal document in which you promise to repay your loan(s) and any accrued interest and fees to the U.S. Department of Education. It also explains the terms and conditions of your loan(s).
If you have any questions, feel free to contact the KGI Financial Aid Office at email@example.com.
The cost of attendance represents a school’s best estimate of the costs a student will incur during a specified period of enrollment, such as an academic year or a semester.
Institutional costs are items which have a fixed cost and are usually charged by the school to the student. Examples of Institutional costs are Tuition and fees and Student Health Insurance.
Non-institutional costs are not set by the school, but are driven by local market conditions, reflecting costs and availability of goods and services in the surrounding community. Non-institutional costs also vary based on a school’s location. Examples of Non-institutional costs include books and supplies, transportation, personal expenses, off-campus housing and meals, utilities, dependent care, and health care.
How costs are set. A school sets non-institutional costs by collecting and analyzing data from various sources as well as monitoring trends in cost fluctuations.
Undergraduate Science Courses
Tuition and Fees
Determined by Enrollment
Housing – Off Campus
$3,050 With Parent $1,037
Unsubsidized Loan Fees