by our College Data Analytics TeamMost students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Pacific Oaks College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will Pacific Oaks College deliver, and just what are you going to be eligible for? Read on for answers. Keep going to learn what amount of financial assistance will be accessible 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 Pacific Oaks College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 67% of undergrads got grants or scholarships worth on average $6,415 (for some 231 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,415 |
| Federal Pell grants | 57% | $5,166 |
| Federal student loans | 74% | $12,165 |
Graduating students at Pacific Oaks College carry a median federal student debt of $23,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,500 |
| Median federal debt (graduates only) | $29,105 |
| Typical 10-year monthly payment (graduates) | $308.56/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Pacific Oaks College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,250 |
| 75th percentile | $26,250 |
| 90th percentile (highest-debt students) | $32,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $23,570 |
| Middle income | $21,976 |
| High income | $25,032 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $24,164 |
| Continuing-generation students | $17,677 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,375 |
| Independent students | $24,507 |
The figure below distills the debt data into a single burden category for Pacific Oaks College.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Pacific Oaks College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6296 |
| Total Stafford loan amount | $289,448,203 |
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 | 11 |
| Total GI Bill amount | $101,025 |
| Average GI Bill amount per recipient | $9,184 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.