The majority 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 price tag of going to Platt College-Los Angeles can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Platt College - Los Angeles deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to discover how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Platt College-Los Angeles.
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.
For incoming first-year students at Platt College-Los Angeles, 85% of new full-time first-years were awarded at least some aid around 52 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,383 |
| Institutional grants & scholarships | 30% | $1,268 |
| Federal Pell grants | 59% | $6,004 |
| State/local grants | 5% | $3,736 |
| Federal student loans | 59% | $8,291 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Platt College - Los Angeles, some 66% of the undergraduate population received grant aid that averaged $5,738 (across approximately 390 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 66% | $5,738 |
| Federal Pell grants | 48% | $6,057 |
| Federal student loans | 64% | $9,443 |
On-campus students receiving title-IV aid were awarded grants averaging $4,613.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,041 |
| $30,001 – $75,000 | $27,570 |
| Over $75,000 | $31,894 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $27,551 |
| Off-campus title-IV students | $28,014 |
For an estimate tailored to your family circumstances, see Platt College - Los Angeles’s online cost calculator: plattcollege.edu/financial-aid/.
A typical borrower at Platt College - Los Angeles leaves with $15,215 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,215 |
| Median federal debt (graduates only) | $18,685 |
| Typical 10-year monthly payment (graduates) | $198.09/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Platt College - Los Angeles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,613 |
| 25th percentile | $10,133 |
| 75th percentile | $25,052 |
| 90th percentile (highest-debt students) | $32,492 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,874 |
| Middle income | $16,370 |
| High income | $14,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,013 |
| Continuing-generation students | $16,555 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,681 |
| Independent students | $17,903 |
The figure below distills the debt data into a single burden category for Platt College - Los Angeles.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Platt College - Los Angeles:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12669 |
| Total Stafford loan amount | $226,318,092 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $114,825 |
| Average GI Bill amount per recipient | $11,483 |
References
More about our data sources and methodologies.