by our College Data Analytics TeamThe majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at San Joaquin Valley College-Rancho Mirage can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can San Joaquin Valley College-Rancho Mirage offer, and what will you qualify for? Keep reading for more information. Read on to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from San Joaquin Valley College-Rancho Mirage.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
At San Joaquin Valley College-Rancho Mirage, 96% of new full-time first-years were awarded at least some aid some 124 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,434 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 81% | $5,035 |
| State/local grants | 2% | $7,000 |
| Federal student loans | 88% | $8,013 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 59% of the undergraduate population received grant aid that averaged $5,047 (across roughly 251 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $5,047 |
| Federal Pell grants | 59% | $4,770 |
| Federal student loans | 66% | $7,763 |
For students living on campus and receiving title-IV aid, grants averaged $4,631.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,091 |
| $30,001 – $75,000 | $23,564 |
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 | $28,158 |
| Off-campus title-IV students | $27,243 |
For a customized cost estimate, visit San Joaquin Valley College-Rancho Mirage’s online cost calculator: www.sjvc.edu/net-price-calculator.
Graduating students at San Joaquin Valley College-Rancho Mirage carry a median federal student debt of $9,773 in federal 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.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at San Joaquin Valley College-Rancho Mirage.
| 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| 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 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $10,550 |
These indicators are derived from the underlying debt data and summarize the overall picture at San Joaquin Valley College-Rancho Mirage.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at San Joaquin Valley College-Rancho Mirage:
| 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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 26 |
| Total GI Bill amount | $377,150 |
| Average GI Bill amount per recipient | $14,506 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.