by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Occidental College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does Oxy offer you, and what will you qualify for? Keep scrolling for more information. Read on to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Occidental College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Occidental College, 84% of first-year full-time students received aid of some kind approximately 445 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $36,400 |
| Institutional grants & scholarships | 75% | $33,952 |
| Federal Pell grants | 16% | $5,825 |
| State/local grants | 9% | $9,103 |
| Federal student loans | 36% | $5,015 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 76% of undergraduates were awarded grant or scholarship aid averaging $35,409 (for some 1464 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $35,409 |
| Federal Pell grants | 17% | $5,558 |
| Federal student loans | 37% | $6,059 |
On-campus students receiving title-IV aid were awarded grants averaging $46,537.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,833 |
| $30,001 – $75,000 | $18,316 |
| Over $75,000 | $48,741 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $38,263 |
| Off-campus title-IV students | $39,329 |
For an estimate tailored to your family circumstances, see Oxy’s net price tool: npc.collegeboard.org/app/occidental.
The median federal debt load at Oxy comes to $19,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $23,000 |
| Typical 10-year monthly payment (graduates) | $243.84/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Oxy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,975 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $17,500 |
| High income | $19,248 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $18,800 |
The figure below distills the debt data into a single burden category for Oxy.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Oxy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4301 |
| Total Stafford loan amount | $61,158,684 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 23 |
| Total GI Bill amount | $602,607 |
| Average GI Bill amount per recipient | $26,200 |
References
More about our data sources and methodologies.