by our College Data Analytics TeamThe majority of students will not be asked to pay 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 sum total of attendance at Cabrillo College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will Cabrillo College offer you, and what will you qualify for? Read on for more information. Read on to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from Cabrillo College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Cabrillo College, 86% of entering full-time freshmen got some type of financial assistance (about 464 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $5,600 |
| Institutional grants & scholarships | 6% | $914 |
| Federal Pell grants | 47% | $6,063 |
| State/local grants | 82% | $2,137 |
| Federal student loans | 1% | $6,583 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 52% of undergraduates were awarded an average grant or scholarship of $4,539 (across approximately 4791 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $4,539 |
| Federal Pell grants | 24% | $4,599 |
| Federal student loans | 1% | $7,655 |
Title-IV recipients living on campus saw average grant aid of $9,123.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,262 |
| $30,001 – $75,000 | $13,493 |
| Over $75,000 | $19,583 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,843 |
| Off-campus title-IV students | $13,328 |
For a customized cost estimate, visit Cabrillo College’s net price calculator: misweb.cccco.edu/npc/411/npcalc.htm.
A typical borrower at Cabrillo College leaves with $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $14,380 |
| Typical 10-year monthly payment (graduates) | $152.45/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Cabrillo College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,209 |
| 25th percentile | $3,500 |
| 75th percentile | $15,500 |
| 90th percentile (highest-debt students) | $25,261 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
| Middle income | $7,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $10,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Cabrillo College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Cabrillo College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3760 |
| Total Stafford loan amount | $46,151,994 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.