Funding Your Degree

Keck Graduate Institute understands the importance of financial aid in assisting students to cover the cost of attendance. Last year, KGI awarded over $1.2 million in scholarship aid to the incoming class through endowed, gift, and KGI funded scholarships.

All applicants are encouraged to submit their applications in the priority round in order to receive first consideration for KGI scholarships. All KGI scholarships are awarded on the basis of academic merit and the overall promise shown by an applicant.

General criteria for potential awards include:

• Academic Potential
• Work and/or relevant research experience
• Leadership/community involvement

All admitted students will receive an aid package that is unique to him or her.

Merit Scholarship Application Process

There is not a separate application for merit scholarships. All merit scholarships will be awarded based on information contained within the Admissions application. Notification of merit scholarship awards will be included with your program acceptance letter.

Merit Scholarships

Presidential Excellence Scholarship for Incoming Students: PharmD

Presidential Excellence Scholarships are awarded to top applicants based on the school’s comprehensive standard selection criteria for admission.

Award

• 5 awards
• $10,000 per year for four years, amounting to a total award of $40,000
• Divided evenly over four consecutive academic years beginning with the incoming semester; contingent upon the student’s enrollment, maintenance of a GPA of 2.5 or higher, and completion of each of the Fall and Spring semesters through their fourth year

Eligibility

• Awarded to top applicants based on the school’s comprehensive standard selection criteria for admission
• Preference is given to applicants with an overall undergraduate GPA of 2.5 or higher

Deadline

• Students must accept their admission and award within the timeframe indicated on their admission or award letter

Cannot be combined with another Presidential Scholarship or with the Dean’s or Walgreens Scholarship for Incoming Students.

Presidential Distinction Scholarship for Incoming Students: PharmD

Presidential Distinction Scholarships are awarded to applicants based on the school’s comprehensive standard selection criteria for admission and support the KGI School of Pharmacy and Health Sciences’ efforts to increase diversity among student pharmacists.

Award

• 5 awards
• $10,000 per year for four years, amounting to a total award of $40,000
• Divided evenly over four consecutive academic years beginning with the incoming semester; contingent upon the student’s enrollment, maintenance of a GPA of 2.5 or higher, and completion of each of the Fall and Spring semesters through their fourth year

Eligibility

• Awarded to top applicants based on the school’s comprehensive standard selection criteria for admission who are also members of a minority group underrepresented in pharmacy
• Preference is given to applicants with an overall undergraduate GPA of 2.5 or higher

Deadline

• Students must accept their admission and award within the timeframe indicated on their admission or award letter

Cannot be combined with another Presidential Scholarship or with the Dean’s or Walgreens Scholarship for Incoming Students.

Dean’s Scholarship for Incoming Students: PharmD

Dean’s Scholarships are awarded to top applicants based on the school’s comprehensive standard selection criteria for admission.

Award

• 3 awards
• $5,000 per year for four years, amounting to a total award of $20,000
• Divided evenly over four consecutive academic years beginning with the incoming semester; contingent upon the student’s enrollment, maintenance of a GPA of 2.5 or higher, and completion of each of the Fall and Spring semesters through their fourth year

Eligibility

• Awarded to top applicants based on the school’s comprehensive standard selection criteria for admission
• Preference is given to applicants with an overall undergraduate GPA of 2.5 or higher

Deadline

• Students must accept their admission and award within the timeframe indicated on their admission or award letter

Cannot be combined with the Walgreen’s Scholarship or the Presidential Excellence or Distinction Scholarships for Incoming Students.

*Applicants accepted via Early Decision will receive priory consideration for scholarships.

Presidential Future Pharmacist Scholarship

Presidential Future Pharmacist Scholarships are awarded to top applicants based on the school’s comprehensive standard selection criteria for admission.

Award

• 20 awards
• $10,000 per year for four years, amounting to a total award of $40,000
• Divided evenly over four consecutive academic years beginning with the incoming semesters, contingent upon the student’s enrollment, maintenance of a GPA of 2.5 or higher, and completion of each of the Fall and Spring semesters through their fourth year

Eligibility

• Awarded to top applicants based on the school’s comprehensive standard selection criteria for admission
• Preference is given to applicants with an overall undergraduate GPA of 2.5 or higher

Deadline

• Students must accept their admission and award within the timeframe indicated on their admission or award letter

Cannot be combined with another Presidential Scholarship or with the Dean’s or Walgreens Scholarship for Incoming Students.

Genetic Counseling Dean’s Scholarship: MSGC

The Genetic Counseling Dean’s Scholarship is awarded based on the comprehensive standard selection criteria for admission and Genetic Counseling Admissions Match results and supports the School’s efforts to increase diversity in the genetic counseling profession.

Award

• 1 award
• $10,000 one-time non-renewable scholarship
• Divided evenly (by semester) over two years and is contingent upon the student’s enrollment and completion of the Fall and Spring semesters.

Eligibility

• Awarded to a top applicant based on the school’s comprehensive standard selection criteria for admission who is also a member of a minority group underrepresented in the genetic counseling profession
• The Genetic Counseling Dean’s Scholarship is a separate track in the Genetic Counseling Admissions Match. Applicants who interview at KGI and are considered to be a member of an underrepresented group in the genetic counseling profession are encouraged to rank the Scholarship Track first, followed by the KGI No-funding Track

Deadline

• A detailed list of requirements will be emailed to applicants who interview for the program prior to the Rank Order deadline
• Eligible students must include the Scholarship Track in their Rank Order submitted to the Match
  • Recipient is chosen based on Match results

Genetic Counseling Cultural Engagement Scholarship: MSGC

The Genetic Counseling Cultural Engagement Scholarship is awarded based on the comprehensive standard selection criteria for admission and required essay submission.

Award

• 1 award
• $10,000 one-time non-renewable scholarship
•  Divided evenly (by semester) over two years and is contingent upon the student’s enrollment and completion of the Fall and Spring semesters

Eligibility

• The student must Match with the KGI MSGC Program in order to be considered for the scholarship
• A student may not receive both the Genetic Counseling Dean’s Scholarship and Genetic Counseling Cultural Engagement Scholarship

Deadline

All Matched students, minus the recipient of the Genetic Counseling Dean’s Scholarship, will receive additional information regarding how to apply, including the specific scholarship essay prompt, after the Match date.

Genomic Data Analytics Distinction Scholarship – MSGDA

The Genomic Data Analytics Distinction Scholarship is awarded based on the comprehensive standard selection criteria for admission.

Award

• Up to $10,000
• Divided evenly over two consecutive academic years beginning with the incoming semester and contingent upon the student’s enrollment, maintenance of a GPA of 2.75 or higher, and completion of each of the Fall and Spring semesters through their second year

Eligibility

• Awarded to top applicants based on the school’s comprehensive standard selection criteria for admission
• Preference is given to applicants with an overall undergraduate GPA of 3.0 or higher

Deadline

Students must accept their admission and award within the timeframe indicated on their award or acceptance letter.

Need-Based Scholarships

Presidential Promise Scholarship for Incoming Students: PharmD

Presidential Promise Scholarships are awarded to applicants based on a combination of the school’s comprehensive standard selection criteria for admission and financial need.

Award

• 5 awards
• $10,000 per year for four years, amounting to a total award of $40,000
• Divided evenly over four consecutive academic years beginning with the Incoming semester and contingent upon the student’s enrollment, maintenance of a GPA of 2.5 or higher, and completion of each of the Fall and Spring semesters through their fourth year

Eligibility

• Student must have accepted their admission offer at the time of the award
• Awarded to applicants based on a combination of financial need (as indicated on the KGI Need-Based Aid and FAFSA applications) and the school’s comprehensive standard selection criteria for admission
• Incoming Pharmacy students are able to demonstrate a financial need through KGI’s Need-Based Aid application by illustrating how they paid for the undergraduate career, how they plan to meet their expenses for the academic year, and why they wish to be considered for need-based aid
• Preference is given to applicants with an overall undergraduate GPA of 2.5 or higher

Deadline

• Students must accept their award within five business days of receipt of their award letter

Cannot be combined with another Presidential Scholarship.

To apply online, visit our KGI Need-Based Aid Application. If you have questions about completing or submitting the application, you are encouraged to contact the KGI Financial Aid Office at 909.607.8258 or financial_aid@kgi.edu. In addition to the KGI Need-Based Aid Application, domestic students are required to complete the FAFSA at fafsa.ed.gov for need-based aid consideration.

KGI offers need-based aid to both domestic and international students who demonstrate a financial need.

Incoming MBS, MEng, and PharmD students are able to demonstrate a financial need through KGI’s Need-Based Aid application by illustrating how they paid for the undergraduate career, how they plan to meet their expenses for the academic year, and why they wish to be considered for need-based aid.

To apply online, visit our KGI Need-Based Aid Application. If you have questions about completing or submitting the application, you are encouraged to contact the KGI Financial Aid Office at 909.607.8258 or financial_aid@kgi.edu. In addition to the KGI Need-Based Aid Application, domestic students are required to complete the FAFSA at fafsa.ed.gov for need-based aid consideration.

Things to keep in mind when applying:

• It is beneficial to complete the “Student’s Special Circumstances” section with specific information on your financial need and circumstance.
• Need-based aid is offered to incoming students only.
• The total award is divided by the number of years the student will be attending KGI and disbursed each semester.
• At this time, need-based aid is only offered to MBS, MEng, and PharmD Students.

If you have financial aid questions, please feel free to contact financial_aid@kgi.edu.

Please note that only the recipients of the need-based aid award will receive notification. KGI does not send out notification of non-award to those whose applications were not approved.

William D. Ford Federal Direct Loan (Direct Loan) Program

What types of federal student loans are available for 5th Year Undergraduate, Graduate, and Professional Students?

The U.S. Department of Education has two federal student loan programs:

• The William D. Ford Federal Direct Loan (Direct Loan) Program is the largest federal student loan program. Under this program, the U.S. Department of Education is your lender. There are three types of Direct Loans available for 5th Year Undergraduate, Graduate, and Professional Students:
  • Direct Subsidized Loans are loans made to eligible undergraduate students with financial need. No interest is charged while the student is in school.
  • Direct Unsubsidized Loans are loans made to eligible undergraduate, graduate, and professional students; the student does not have to demonstrate financial need to be eligible for the loan. Interest is charged on all unsubsidized loans during all periods.
  • Direct PLUS Loans are loans made to graduate or professional students and parents of dependent undergraduate students to help pay for education expenses not covered by other financial aid. Interest on all PLUS loans is charged during all periods.
    • Direct PLUS Loans for Parents – the parent is the primary borrower.
    • Direct Graduate PLUS Loan – the student is the borrower.

You are responsible for paying the interest on all Federal Student Loans during all periods. Interest accrues from the date of disbursement. If you choose not to pay the interest while you are in school and during grace periods and deferment or forbearance periods, your interest will accrue (increase) and be capitalized (added to the principal balance of your loan).

Required Steps to Obtain a Federal Unsubsidized and Graduate Plus Loan:

• • Step 1: FAFSA

    The first step in borrowing a Federal Direct Loan is to complete the Free Application for Federal Student Aid (FAFSA). The Federal School Code for KGI is G38533.

    When completing the FAFSA please indicate the following grade levels:

    PPA/PPC Program – 5th yr. /other undergraduate
    All other KGI programs – graduate/professional

    Successful completion for the FAFSA allows the following annual eligibility:

    Dependent Undergraduate Student (PPA/PPC ONLY): $7,500
    Independent Undergraduate Student (PPA/PPC ONLY): $12,500
    Graduate/Professional Students: $20,500

    Graduate Students that successfully complete the FAFSA will be eligible for a Graduate Level Unsubsidized Loan for the amount of $20,500 per year.

     

    Once you have completed the FAFSA, please complete Step 2 – Federal Subsidized/Unsubsidized MPN and Step 3 – Annual Student Loan Acknowledgement.

  • Step 2: Federal Subsidized/Unsubsidized MPN

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); for instance, it will include information on how interest is calculated, when interest is charged, available repayment plans, and deferment and cancellation provisions.

To sign the MPN for your Unsubsidized Loan, go to studentaid.gov > Log In > I Want to: Complete Loan Agreement (Master Promissory Note)

Once you complete your Subsidized/Unsubsidized MPN,, please complete Step – 3 Annual Student Loan Acknowledgement and Step 4 – Entrance Counseling.

• • Step 3: Annual Student Loan Acknowledgement

As part of the Master Promissory Note (MPN) confirmation process, an Annual Student Loan Acknowledgement (ASLA) is mandatory to be completed by a student who will be accepting Federal Loans.

Federal Loans that require an ASLA include the following:

• • • Direct Subsidized & Unsubsidized Loan
    • Direct Graduate PLUS Loan for graduate/professional students
    • Direct Parent PLUS Loan for 5^th year dependent undergraduate students

To access and complete the ASLA please refer to the following steps:

To sign the ASLA form, go to studentaid.gov > Log In > I Want to: complete Annual Student Loan Acknowledgement requirement (previously referred to as the “Informed Borrowing Confirmation” process.) A link entitled “Complete Annual Student Loan Acknowledgement” can be found under the Complete Aid Process Tab.”

PLEASE NOTE: This new requirement is in addition to the existing Master Promissory Note (MPN) process and does not replace existing counseling requirements. This means that in addition to completing the Annual Student Loan Acknowledgement, the following is still required in order for your Federal Direct Loans to be accepted and processed by KGI’s Financial Aid Office:

-First-time student Direct Loan borrowers must complete entrance counseling before receiving their first loan disbursement.

-Direct PLUS Loan applicants who are determined to have an adverse credit history and qualify for a Direct PLUS Loan must obtain an endorser and complete a PLUS credit counseling.

• • Step 4: Entrance Counseling

During entrance counseling, you will learn about the following:

-What a Direct Loan is and how the loan process works
-Managing your education expenses
-Other financial resources to consider to help pay for your education
-Your rights and responsibilities as a borrower
-Entrance Counseling is required before you can receive your Unsubsidized Loan.

To complete Entrance Counseling, go to studentaid.gov > Log In > I Want to: Complete Loan Counseling (Entrance, Financial Awareness, Exit).

To determine if you qualify for additional federal funding, please move to either Step 5 if you are a Graduate/Professional Student or Step 8 if you are a PPA/PPC Student.

• • Step 5: Federal Graduate PLUS Loan

The maximum amount a graduate/professional student can borrow with the Federal Unsubsidized Loan is $20,500 per year. If you need to borrow additional funds to cover the gap between the tuition and the unsubsidized loan amount, there is a Federal Loan offered to graduate/professional Students called the Graduate PLUS Loan. With this loan you can borrow enough to cover your funding gap, and you can also borrow additional funds for living expenses.

Here’s a quick overview of Direct PLUS Loans:

-The U.S. Department of Education is the lender.
-The borrower must not have an adverse credit history.
-The maximum loan amount cannot exceed the cost-of-attendance.
-All funding will be made in whole dollars; no cents are used in the Direct Loan Programs.

To apply for a Graduate PLUS Loan, go to studentaid.gov > Log In > I Want to: Apply for a Direct PLUS Loan > Direct PLUS Loan Application for Graduate/Professional Students.

• • Step 6: Graduate PLUS MPN

Because the Graduate PLUS Loan is a Separate Loan from the Unsubsidized Loan, you will need to complete an additional Master Promissory Note specifically for the Graduate PLUS Loan.

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); for instance, it will include information on how interest is calculated, when interest is charged, available repayment plans, and deferment and cancellation provisions.

To sign the MPN for your Graduate PLUS Loan, go to studentaid.gov > Log In > I Want to: Complete Loan Agreement (Master Promissory Note).

Once you complete a Federal Graduate PLUS Request, please complete Step 6 – KGI Graduate PLUS Form.

• • Step 7: KGI Graduate PLUS Loan Acknowledgement Form

This form allows students to tell the KGI Financial Aid Department the outcome they would like to accomplish when borrowing a Graduate PLUS Loan. The financial aid team with calculate the amount needed to accomplish the desired borrowing result.

Complete the KGI Graduate PLUS Request.

• • Step 8: Federal Parent PLUS Loan, ASLA and MPN (PPA/PPC Students Only)

The PPA/PPC Programs are considered a 5th year undergraduate certificate program. The annual maximum a DEPENDENT undergraduate student can borrow is $7,500. The Department of Education offers a loan for the parent(s) of DEPENDENT undergraduate students called the Parent PLUS Loan. The Parent PLUS loan can cover the tuition and student living expenses up to the cost-of-attendance.

Here is a quick overview of the Parent PLUS Loan:

-The U.S. Department of Education is the lender.
-The parent borrower must not have an adverse credit history.*
-The maximum loan amount cannot exceed the cost-of-attendance.
*If a parent is denied a Parent PLUS Loan the annual borrowing limit for the student increases to $12,500.

To apply for a Parent PLUS Loan, go to studentaid.gov > Log In > I Want to: Apply for a Direct PLUS Loan > Direct Loan Application for Parents.

Upon approval of a Parent PLUS Loan, the parent borrower must complete a PLUS Master Promissory Note. The MPN is located at studentaid.gov > Log In > I Want to: Complete Loan Agreement (Master Promissory Note) > PLUS MPN for Parents.

To complete ASLA form, go to studentaid.gov > Log In > I Want to: complete Annual Student Loan Acknowledgement requirement (previously referred to as the “Informed Borrowing Confirmation” process.) A link entitled “Complete Annual Student Loan Acknowledgement” can be found under the Complete Aid Process Tab.”

Each international KGI student is eligible for a KGI International Loan with the following annual loan limits:

• $20,500
  • Master of Business and Science (MBS)
  • Master of Engineering (MEng) in Biopharmaceutical Processing
  • Master of Science (MS) in Applied Life Sciences
  • Master of Science in Translational Medicine (MSTM)
  • Master of Science in Medical Device Engineering (MSMDE)
  • Master of Science in Human Genetics and Genetic Counseling (MSGC)
  • Master of Science in Human Genetics and Genomic Data Analytics (MSGDA)

Please submit a signed and completed master promissory note to, KGI’s Financial Aid Office. A separate note is required for each academic year. Terms and conditions for this student loan program are included in the master promissory note. Completion of the KGI International Student Loan Entrance Counseling is required.

KGI International Student Loan Master Promissory Note

KGI International Student Loan FAQ

KGI International Student Loan Entrance Counseling (REQUIRED)

Private Student Loans

Private Loans are credit-based consumer loans for students that can be used for educational-related purposes. Many lenders have both fix and adjustable rate loan options available.

KGI is partnered with FASTChoice to make it easier for you to learn about private loans by providing information in a straightforward format to help you determine which private student loan best meets your needs.

There are private student loans available for both Domestic Students (U.S. Citizens and Permanent Residents) and International Students.

Private Loans for Domestic Students

Private Loans for International Students

External Scholarships

There are many places to find outside scholarships. If you belong to clubs and organizations, please speak to their main office for scholarship information. Please follow us on Twitter for outside scholarship opportunities.

If you receive assistance from private sources, these funds will need to be reported to the Financial Aid Office. This would include outside scholarships or tuition assistance awarded within the academic year. The total amount received from all resources cannot exceed the student’s cost of attendance.

In efforts to lower educational loan debt, it is out policy to apply an outside scholarship toward the Graduate PLUS Loan should the amount requested is up to the student’s cost of attendance within their overall financial aid package.

Veterans’ Education Benefits at KGI

Students who have been or are currently serving in the military may be eligible for VA Educational Benefits. Some benefits are also available to spouses or dependents of veterans. For information, please view our Veteran’s Education Benefits page.