by our College Data Analytics TeamMany 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 sum total of attendance at Central Coast College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will Central Coast College offer, and what will you qualify for? Read on for more information. Keep scrolling to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Central Coast College.
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.
Looking at the entering class at Central Coast College, 84% of first-time, full-time freshmen received some form of financial aid roughly 299 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $5,626 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 68% | $5,210 |
| State/local grants | 16% | $1,933 |
| Federal student loans | 68% | $8,798 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, approximately 57% of undergraduates were awarded an average grant or scholarship of $5,263 (covering around 487 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $5,263 |
| Federal Pell grants | 51% | $4,973 |
| Federal student loans | 52% | $8,719 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,299.
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 | $26,155 |
| $30,001 – $75,000 | $26,578 |
| Over $75,000 | $28,701 |
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 | $26,667 |
| Off-campus title-IV students | $26,640 |
To project your own net price, use Central Coast College’s NPC: centralcoastcollege.edu/Central-Coast-College-NetPrice/.
A typical borrower at Central Coast College leaves with $5,503 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,503 |
| Median federal debt (graduates only) | $7,476 |
| Typical 10-year monthly payment (graduates) | $79.26/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Central Coast College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,050 |
| 25th percentile | $2,065 |
| 75th percentile | $5,468 |
| 90th percentile (highest-debt students) | $7,570 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,911 |
| Middle income | $5,500 |
| High income | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,021 |
The figure below distills the debt data into a single burden category for Central Coast College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Central Coast College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2100 |
| Total Stafford loan amount | $10,856,225 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $27,028 |
| Average GI Bill amount per recipient | $13,514 |
References
More about our data sources and methodologies.