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 price tag of going to Platt College-Ontario can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Platt College - Ontario offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Platt College-Ontario.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Platt College-Ontario, 93% of first-year full-time students received aid of some kind approximately 69 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $8,464 |
| Institutional grants & scholarships | 19% | $1,747 |
| Federal Pell grants | 77% | $7,309 |
| State/local grants | 12% | $4,436 |
| Federal student loans | 88% | $9,400 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Platt College - Ontario, approximately 70% of undergrads got grants or scholarships worth on average $6,943 (among about 325 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $6,943 |
| Federal Pell grants | 62% | $6,255 |
| Federal student loans | 75% | $9,759 |
For on-campus title-IV students, average grant aid came to $7,184.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,752 |
| $30,001 – $75,000 | $26,625 |
| Over $75,000 | $31,691 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $20,711 |
| Off-campus title-IV students | $27,002 |
For a personalized estimate based on your family’s financial situation, use Platt College - Ontario’s net price tool: plattcollege.edu/financial-aid/.
Graduating students at Platt College - Ontario carry a median federal student debt of $15,215 in federal loans.
| 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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Platt College - Ontario.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
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 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,681 |
| Independent students | $17,903 |
These indicators are derived from the underlying debt data and summarize the overall picture at Platt College - Ontario.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Platt College - Ontario:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12669 |
| Total Stafford loan amount | $226,318,092 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 35 |
| Total GI Bill amount | $511,166 |
| Average GI Bill amount per recipient | $14,605 |
References
More about our data sources and methodologies.