by our College Data Analytics TeamMany students will never be charged 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 sum total of attendance at Pomona College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Pomona provide, and just what are you going to be eligible for? Read on for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Pomona College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Pomona College, 69% of first-year full-time students received aid of some kind roughly 281 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $65,362 |
| Institutional grants & scholarships | 58% | $62,820 |
| Federal Pell grants | 20% | $6,013 |
| State/local grants | 4% | $8,838 |
| Federal student loans | 11% | $4,956 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Pomona, approximately 60% of undergraduates were awarded grant or scholarship aid averaging $62,484 (for some 992 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $62,484 |
| Federal Pell grants | 20% | $5,865 |
| Federal student loans | 9% | $5,776 |
For students living on campus and receiving title-IV aid, grants averaged $66,015.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,520 |
| $30,001 – $75,000 | $5,305 |
| Over $75,000 | $38,845 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $19,285 |
| Off-campus title-IV students | $19,424 |
For a personalized estimate based on your family’s financial situation, use Pomona’s NPC: npc.collegeboard.org/student/app/pomona.
Graduating students at Pomona carry a median federal student debt of $10,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,000 |
| Median federal debt (graduates only) | $11,782 |
| Typical 10-year monthly payment (graduates) | $124.91/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Pomona.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,636 |
| 25th percentile | $5,554 |
| 75th percentile | $19,500 |
| 90th percentile (highest-debt students) | $25,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $6,500 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,152 |
| Continuing-generation students | $10,750 |
A handful of calculated indicators summarize the debt outlook at Pomona.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Pomona:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1092 |
| Total Stafford loan amount | $10,705,709 |
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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $138,312 |
| Average GI Bill amount per recipient | $23,052 |
References
More about our data sources and methodologies.