by our College Data Analytics TeamA large number of 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 San Joaquin Valley College-Modesto can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will San Joaquin Valley College-Modesto provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at San Joaquin Valley College-Modesto.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 San Joaquin Valley College-Modesto, 94% of new full-time first-years were awarded at least some aid roughly 392 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,598 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 76% | $5,417 |
| State/local grants | 0% | $3,900 |
| Federal student loans | 85% | $7,901 |
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-Modesto, some 61% of undergrads got grants or scholarships worth on average $4,672 (among about 596 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $4,672 |
| Federal Pell grants | 59% | $4,505 |
| Federal student loans | 65% | $6,719 |
Title-IV recipients living on campus saw average grant aid of $4,297.
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 | $23,589 |
| $30,001 – $75,000 | $24,952 |
| Over $75,000 | $27,221 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $26,706 |
| Off-campus title-IV students | $24,617 |
To project your own net price, use San Joaquin Valley College-Modesto’s online cost calculator: www.sjvc.edu/net-price-calculator.
The median federal debt load at San Joaquin Valley College-Modesto comes to $9,773 of federal student loans.
| 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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at San Joaquin Valley College-Modesto.
| 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 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,118 |
| Middle income | $9,500 |
| High income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,699 |
| Continuing-generation students | $10,574 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $10,550 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. San Joaquin Valley College-Modesto.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at San Joaquin Valley College-Modesto:
| Metric | Value |
|---|---|
| Stafford loan recipients | 66770 |
| Total Stafford loan amount | $888,709,612 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 41 |
| Total GI Bill amount | $576,459 |
| Average GI Bill amount per recipient | $14,060 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.