Most 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 total cost of going to InterCoast Colleges-West Covina can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial assistance options will InterCoast Colleges - West Covina offer you, and what will you qualify for? Read on for more information. Keep going to find out what amount of financial assistance will be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from InterCoast Colleges-West Covina.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at InterCoast Colleges-West Covina, 80% of first-year full-time students received aid of some kind some 461 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $9,702 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 79% | $9,489 |
| State/local grants | 0% | — |
| Federal student loans | 79% | $10,941 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, about 73% of undergrads got grants or scholarships worth on average $10,687 (among about 455 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $10,687 |
| Federal Pell grants | 73% | $10,307 |
| Federal student loans | 74% | $11,996 |
On-campus students receiving title-IV aid were awarded grants averaging $7,906.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,632 |
| $30,001 – $75,000 | $24,251 |
| Over $75,000 | $31,217 |
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 | $27,536 |
| Off-campus title-IV students | $23,693 |
For a customized cost estimate, visit InterCoast Colleges - West Covina’s net price calculator: www.intercoast.edu/financial-services/.
The median student at InterCoast Colleges - West Covina graduates with $9,500 of federal borrowing.
| 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 |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at InterCoast Colleges - West Covina.
| 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| 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 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,313 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at InterCoast Colleges - West Covina.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at InterCoast Colleges - West Covina:
| 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 | 61 |
| Total GI Bill amount | $745,974 |
| Average GI Bill amount per recipient | $12,229 |
References
More about our data sources and methodologies.