by our College Data Analytics TeamThe majority of students are not billed 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 San Joaquin Valley College-Hesperia can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can San Joaquin Valley College-Hesperia deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from San Joaquin Valley College-Hesperia.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at San Joaquin Valley College-Hesperia, 95% of first-year full-time students received aid of some kind approximately 310 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $5,494 |
| Institutional grants & scholarships | 0% | $1,000 |
| Federal Pell grants | 84% | $5,298 |
| State/local grants | 1% | $4,184 |
| Federal student loans | 89% | $7,853 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At San Joaquin Valley College-Hesperia, around 75% of undergrads got grants or scholarships worth on average $4,466 (for some 552 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,466 |
| Federal Pell grants | 75% | $4,317 |
| Federal student loans | 80% | $6,175 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,384.
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 | $23,400 |
| $30,001 – $75,000 | $23,636 |
| Over $75,000 | $27,062 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $25,496 |
| Off-campus title-IV students | $23,634 |
For a personalized estimate based on your family’s financial situation, use San Joaquin Valley College-Hesperia’s online cost calculator: www.sjvc.edu/net-price-calculator.
The median student at San Joaquin Valley College-Hesperia graduates with $9,773 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,773 |
| Median federal debt (graduates only) | $10,674 |
| Typical 10-year monthly payment (graduates) | $113.16/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at San Joaquin Valley College-Hesperia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,920 |
| 25th percentile | $9,474 |
| 75th percentile | $19,977 |
| 90th percentile (highest-debt students) | $20,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,118 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,699 |
| Continuing-generation students | $10,574 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $10,550 |
A handful of calculated indicators summarize the debt outlook at San Joaquin Valley College-Hesperia.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at San Joaquin Valley College-Hesperia:
| Metric | Value |
|---|---|
| Stafford loan recipients | 66770 |
| Total Stafford loan amount | $888,709,612 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 46 |
| Total GI Bill amount | $561,319 |
| Average GI Bill amount per recipient | $12,203 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.