by our College Data Analytics TeamA lot of students will never be charged 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 MiraCosta College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does MiraCosta College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from MiraCosta College.
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.
For incoming first-year students at MiraCosta College, 81% of the incoming full-time class was awarded financial aid (about 1073 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,013 |
| Institutional grants & scholarships | 1% | $2,278 |
| Federal Pell grants | 43% | $5,221 |
| State/local grants | 79% | $2,120 |
| Federal student loans | 2% | $7,380 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 56% of undergrads got grants or scholarships worth on average $4,096 (across approximately 6603 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $4,096 |
| Federal Pell grants | 27% | $4,196 |
| Federal student loans | 2% | $7,078 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,192.
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 | $6,389 |
| $30,001 – $75,000 | $7,959 |
| Over $75,000 | $11,646 |
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 | $7,339 |
| Off-campus title-IV students | $7,178 |
To get a personalized net price estimate, try MiraCosta College’s official net price calculator: misweb.cccco.edu/npc/051/npcalc.htm.
The median federal debt load at MiraCosta College comes to $9,488 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,488 |
| Median federal debt (graduates only) | $9,000 |
| Typical 10-year monthly payment (graduates) | $95.41/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at MiraCosta College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,984 |
| 25th percentile | $3,473 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $16,618 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $4,359 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,935 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at MiraCosta College.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at MiraCosta College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3138 |
| Total Stafford loan amount | $27,562,192 |
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 | 382 |
| Total GI Bill amount | $231,702 |
| Average GI Bill amount per recipient | $607 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 67 |
| Total DoD amount | $31,917 |
| Average DoD amount per recipient | $476 |
References
More about our data sources and methodologies.