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InterCoast Colleges - Rancho Cordova Financial Aid and Scholarship Details

82% Freshmen Get Financial Aid
$6,662 Average Grant & Scholarship
68% Undergrads Get Grant Aid

Most students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at InterCoast Colleges - Rancho Cordova can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financing options does InterCoast Colleges - Rancho Cordova offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to find out just how much financial aid will be open to you.

Why You Should Understand InterCoast Colleges - Rancho Cordova Financial Aid Information

How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at InterCoast Colleges - Rancho Cordova.

Typical First Year Financial Aid at InterCoast Colleges - Rancho Cordova

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At InterCoast Colleges - Rancho Cordova, 82% of the incoming full-time class was awarded financial aid around 98 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)72%$6,643
Institutional grants & scholarships0%
Federal Pell grants72%$6,540
State/local grants0%
Federal student loans75%$8,986

Undergraduate Grant Aid at InterCoast Colleges - Rancho Cordova

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at InterCoast Colleges - Rancho Cordova, roughly 68% of undergraduate students received gift aid averaging $6,662 (among about 95 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)68%$6,662
Federal Pell grants68%$6,556
Federal student loans71%$8,901

Title-IV recipients living on campus saw average grant aid of $5,757.

Aid by Income Level at InterCoast Colleges - Rancho Cordova

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$23,262
$30,001 – $75,000$24,185
Over $75,000$24,741

Each figure is the net price after grants and scholarships, not the published sticker price.

Net Price at InterCoast Colleges - Rancho Cordova

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$24,925
Off-campus title-IV students$23,629

To get a personalized net price estimate, try InterCoast Colleges - Rancho Cordova’s net price calculator: www.intercoast.edu/financial-services/.

Typical Student Debt at InterCoast Colleges - Rancho Cordova

The median student at InterCoast Colleges - Rancho Cordova graduates with $9,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500
Median federal debt (graduates only)$10,313
Typical 10-year monthly payment (graduates)$109.33/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at InterCoast Colleges - Rancho Cordova.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,977
25th percentile$5,938
75th percentile$12,125
90th percentile (highest-debt students)$14,750

How Debt Outcomes Vary by Student Group at InterCoast Colleges - Rancho Cordova

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,500
Middle income$9,500
High income$7,125

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$9,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$6,313
Independent students$9,500

Debt Burden Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. InterCoast Colleges - Rancho Cordova.

Student Loans at InterCoast Colleges - Rancho Cordova

The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at InterCoast Colleges - Rancho Cordova:

MetricValue
Stafford loan recipients13705
Total Stafford loan amount$160,933,523

Veterans Benefits at InterCoast Colleges - Rancho Cordova

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients19
Total GI Bill amount$222,718
Average GI Bill amount per recipient$11,722

References

More about our data sources and methodologies.

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