by our College Data Analytics TeamMost students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Pacific College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Pacific College offer, and what will you qualify for? Keep reading for more information. Read on to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Pacific College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Pacific College, 55% of first-time, full-time freshmen received some form of financial aid some 17 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $4,278 |
| Institutional grants & scholarships | 19% | $4,040 |
| Federal Pell grants | 55% | $1,426 |
| State/local grants | 19% | $4,040 |
| Federal student loans | 26% | $4,840 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Pacific College, approximately 35% of the undergraduate population received grant aid that averaged $4,975 (across approximately 151 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $4,975 |
| Federal Pell grants | 28% | $4,572 |
| Federal student loans | 44% | $8,822 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $1,426.
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 | $22,041 |
| $30,001 – $75,000 | $20,339 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,363 |
| Off-campus title-IV students | $21,941 |
To project your own net price, use Pacific College’s net price calculator: www.pacific-college.edu/net-price-calculator.
The median student at Pacific College graduates with $20,869 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,869 |
| Median federal debt (graduates only) | $22,469 |
| Typical 10-year monthly payment (graduates) | $238.21/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Pacific College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,500 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $25,949 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $20,000 |
| Middle income | $21,469 |
| High income | $25,125 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,386 |
| Independent students | $22,466 |
The figure below distills the debt data into a single burden category for Pacific College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Pacific College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2589 |
| Total Stafford loan amount | $41,419,141 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 7 |
| Total GI Bill amount | $127,099 |
| Average GI Bill amount per recipient | $18,157 |
References
More about our data sources and methodologies.