by our College Data Analytics TeamMany students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to CET, Soledad can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can CET, Soledad offer you, and what will you qualify for? Keep reading for more information. Read on to learn what amount of financial assistance will be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from CET, Soledad.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
At CET, Soledad, 53% of new full-time first-years were awarded at least some aid (about 81 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $14,910 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 48% | $6,181 |
| State/local grants | 5% | $7,758 |
| Federal student loans | 13% | $7,047 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at CET, Soledad, roughly 45% of undergrads got grants or scholarships worth on average $14,417 (across approximately 148 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $14,417 |
| Federal Pell grants | 42% | $6,248 |
| Federal student loans | 14% | $7,079 |
For students living on campus and receiving title-IV aid, grants averaged $14,850.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,303 |
| $30,001 – $75,000 | $8,523 |
| Over $75,000 | $20,738 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $11,260 |
| Off-campus title-IV students | $10,377 |
For an estimate tailored to your family circumstances, see CET, Soledad’s NPC: cetweb.edu/tuition.
The median student at CET, Soledad graduates with $6,729 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,729 |
| Median federal debt (graduates only) | $7,041 |
| Typical 10-year monthly payment (graduates) | $74.65/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
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 CET, Soledad.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,140 |
| 25th percentile | $4,767 |
| 75th percentile | $8,042 |
| 90th percentile (highest-debt students) | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,777 |
| Middle income | $6,650 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,729 |
| Continuing-generation students | $6,246 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,582 |
These indicators are derived from the underlying debt data and summarize the overall picture at CET, Soledad.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at CET, Soledad:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18120 |
| Total Stafford loan amount | $106,917,736 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $64,957 |
| Average GI Bill amount per recipient | $16,239 |
References
More about our data sources and methodologies.