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Olympic College Financial Aid & Debt Outcomes

61% Freshmen Get Financial Aid
$6,793 Average Grant & Scholarship
35% Undergrads Get Grant Aid

Many 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 sum total of attendance at Olympic College can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financing options does OC offer you, and what will you qualify for? Keep scrolling for more information. Keep going to learn just how much financial aid will be open to you.

Understanding OC Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Olympic College.

Typical First Year Financial Aid at Olympic College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

Among first-time, full-time freshmen at Olympic College, 61% of first-year full-time students received aid of some kind around 311 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)55%$7,007
Institutional grants & scholarships24%$2,064
Federal Pell grants34%$4,670
State/local grants43%$3,859
Federal student loans6%$5,682

Scholarship and Grant Awards at Olympic College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At OC, approximately 35% of undergraduate students received gift aid averaging $6,793 (for some 1908 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)35%$6,793
Federal Pell grants19%$4,587
Federal student loans6%$4,829

For on-campus title-IV students, average grant aid came to $8,413.

How Cost Varies by Income at Olympic College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$5,589
$30,001 – $75,000$8,187
Over $75,000$12,232

Remember these are net prices — what families pay after gift aid, not before.

What Students Actually Pay at Olympic College

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$7,172
Off-campus title-IV students$7,755

To project your own net price, use OC’s net price calculator: www.olympic.edu/paying-college/financial-aid/financial-aid-faqs/net-price-calculator.

Student Debt Levels at Olympic College

The median student at OC graduates with $8,000 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$8,000
Median federal debt (graduates only)$12,000
Typical 10-year monthly payment (graduates)$127.22/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at OC.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,855
25th percentile$3,500
75th percentile$14,579
90th percentile (highest-debt students)$23,170

Debt by Student Cohort at Olympic College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$8,837
Middle income$8,858
High income$6,477

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$8,500
Continuing-generation students$6,520

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. OC.

Federal Loan Volume at Olympic College

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at OC:

MetricValue
Stafford loan recipients6355
Total Stafford loan amount$75,874,699

Aid for Military-Affiliated Students at Olympic College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients657
Total GI Bill amount$2,296,728
Average GI Bill amount per recipient$3,496

DoD program volume

MetricValue
DoD Tuition Assistance recipients44
Total DoD amount$80,773
Average DoD amount per recipient$1,836

References

More about our data sources and methodologies.

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