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InterCoast Colleges-West Covina Financial Aid Details

80% Freshmen Get Financial Aid
$10,687 Average Grant & Scholarship
73% Undergrads Get Grant Aid

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.

Importance of InterCoast Colleges - West Covina Financial Aid Info

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.

Average Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$9,702
Institutional grants & scholarships0%
Federal Pell grants79%$9,489
State/local grants0%
Federal student loans79%$10,941

Scholarship and Grant Awards at InterCoast Colleges-West Covina

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)73%$10,687
Federal Pell grants73%$10,307
Federal student loans74%$11,996

On-campus students receiving title-IV aid were awarded grants averaging $7,906.

What Families Pay by Income at InterCoast Colleges-West Covina

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage 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.

The Real Cost of Attending InterCoast Colleges-West Covina

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.

CohortAverage 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/.

Median Student Debt for Graduates of InterCoast Colleges-West Covina

The median student at InterCoast Colleges - West Covina graduates with $9,500 of federal borrowing.

MetricAmount
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.

The Full Range of Student Debt

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.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,977
25th percentile$5,938
75th percentile$12,125
90th percentile (highest-debt students)$14,750

Debt by Student Cohort at InterCoast Colleges-West Covina

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$9,500
High income$7,125

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$9,500

By Dependency Status

CohortMedian federal debt
Dependent students$6,313
Independent students$9,500

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at InterCoast Colleges - West Covina.

Stafford Loan Activity 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:

MetricValue
Stafford loan recipients13705
Total Stafford loan amount$160,933,523

Veteran and Military Aid at InterCoast Colleges-West Covina

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients61
Total GI Bill amount$745,974
Average GI Bill amount per recipient$12,229

References

More about our data sources and methodologies.

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