by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to InterCoast Colleges - Riverside can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will InterCoast Colleges - Riverside provide, and just what are you going to be eligible for? Read on for answers. Read on to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from InterCoast Colleges - Riverside.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at InterCoast Colleges - Riverside, 83% of first-year full-time students received aid of some kind around 68 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $7,173 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $7,173 |
| State/local grants | 0% | — |
| Federal student loans | 82% | $9,726 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At InterCoast Colleges - Riverside, about 72% of undergraduates were awarded an average grant or scholarship of $7,218 (among about 71 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $7,218 |
| Federal Pell grants | 72% | $7,089 |
| Federal student loans | 69% | $10,551 |
Title-IV recipients living on campus saw average grant aid of $7,173.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,696 |
| $30,001 – $75,000 | $24,884 |
| Over $75,000 | $27,100 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,641 |
| Off-campus title-IV students | $23,880 |
To get a personalized net price estimate, try InterCoast Colleges - Riverside’s NPC: www.intercoast.edu/financial-services/.
A typical borrower at InterCoast Colleges - Riverside leaves with $9,500 in federal loans.
| Metric | Amount |
|---|---|
| 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.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at InterCoast Colleges - Riverside.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,977 |
| 25th percentile | $5,938 |
| 75th percentile | $12,125 |
| 90th percentile (highest-debt students) | $14,750 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $7,125 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,313 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at InterCoast Colleges - Riverside.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at InterCoast Colleges - Riverside:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13705 |
| Total Stafford loan amount | $160,933,523 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $96,203 |
| Average GI Bill amount per recipient | $16,034 |
References
More about our data sources and methodologies.