by our College Data Analytics TeamMost students will never be charged 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 Riverside County Office of Education-School of Career Education can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will RCOE SCE offer you, and what will you qualify for? Read on for more information. Scroll down to learn how much school funding will be available 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 Riverside County Office of Education-School of Career Education.
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.
For freshmen starting at Riverside County Office of Education-School of Career Education, 89% of the incoming full-time class was awarded financial aid roughly 126 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $6,980 |
| Institutional grants & scholarships | 14% | $5,560 |
| Federal Pell grants | 83% | $4,467 |
| State/local grants | 29% | $5,203 |
| Federal student loans | 35% | $4,505 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, roughly 88% of the undergraduate population received grant aid that averaged $7,604 (across roughly 167 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $7,604 |
| Federal Pell grants | 86% | $4,594 |
| Federal student loans | 35% | $4,507 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,922.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,545 |
| $30,001 – $75,000 | $12,948 |
| Over $75,000 | $18,934 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,842 |
| Off-campus title-IV students | $11,857 |
To get a personalized net price estimate, try RCOE SCE’s official net price calculator: riversidesce.org/netprice/npcalc.htm.
Graduating students at RCOE SCE carry a median federal student debt of $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,650 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,155 |
| Independent students | $6,650 |
A handful of calculated indicators summarize the debt outlook at RCOE SCE.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at RCOE SCE:
| Metric | Value |
|---|---|
| Stafford loan recipients | 162 |
| Total Stafford loan amount | $846,678 |
References
More about our data sources and methodologies.