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Platt College-Riverside Financial Aid & Scholarships

89% Freshmen Get Financial Aid
$6,313 Average Grant & Scholarship
78% Undergrads Get Grant Aid

Most students will not be asked to pay 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 Platt College-Riverside can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

Just what financing solutions does Platt College - Riverside deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to see how much school funding could be available to you.

Understanding Platt College - Riverside Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Platt College-Riverside.

Average Freshman Financial Aid at Platt College-Riverside

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

For freshmen starting at Platt College-Riverside, 89% of first-time, full-time freshmen received some form of financial aid approximately 72 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)80%$7,367
Institutional grants & scholarships15%$2,649
Federal Pell grants64%$7,714
State/local grants12%$3,290
Federal student loans80%$9,938

Undergraduate Grant Aid at Platt College-Riverside

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 - Riverside, about 78% of undergraduate students received gift aid averaging $6,313 (across roughly 325 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$6,313
Federal Pell grants69%$5,751
Federal student loans87%$8,642

For students living on campus and receiving title-IV aid, grants averaged $6,787.

What Families Pay by Income at Platt College-Riverside

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$24,632
$30,001 – $75,000$25,575
Over $75,000$30,295

Each figure is the net price after grants and scholarships, not the published sticker price.

Average Net Price for Platt College-Riverside

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.

CohortAverage Net Price
On-campus title-IV students$21,889
Off-campus title-IV students$26,217

To get a personalized net price estimate, try Platt College - Riverside’s net price calculator: plattcollege.edu/financial-aid/.

What Students Owe at Platt College-Riverside

Graduating students at Platt College - Riverside carry a median federal student debt of $15,215 of federal student loans.

MetricAmount
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

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Platt College - Riverside.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,613
25th percentile$10,133
75th percentile$25,052
90th percentile (highest-debt students)$32,492

Median Debt by Student Group at Platt College-Riverside

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Debt by Income Tier

Income tierMedian federal debt
Low income$14,874
Middle income$16,370
High income$14,000

By First-Generation Status

CohortMedian federal debt
First-generation students$15,013
Continuing-generation students$16,555

By Dependency Status

CohortMedian federal debt
Dependent students$12,681
Independent students$17,903

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Platt College - Riverside.

Federal Stafford Lending at Platt College-Riverside

The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Platt College - Riverside:

MetricValue
Stafford loan recipients12669
Total Stafford loan amount$226,318,092

Veteran and Military Aid at Platt College-Riverside

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients17
Total GI Bill amount$316,489
Average GI Bill amount per recipient$18,617

External Resources for Platt College-Riverside

References

More about our data sources and methodologies.

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