by our College Data Analytics TeamThe majority of students will not be asked to pay 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 total cost of going to San Joaquin Valley College-Santa Maria can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can San Joaquin Valley College-Santa Maria deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at San Joaquin Valley College-Santa Maria.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at San Joaquin Valley College-Santa Maria, 98% of entering full-time freshmen got some type of financial assistance roughly 55 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $5,597 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 86% | $5,231 |
| State/local grants | 0% | — |
| Federal student loans | 93% | $7,670 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at San Joaquin Valley College-Santa Maria, some 62% of undergraduate students received gift aid averaging $4,820 (among about 138 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,820 |
| Federal Pell grants | 62% | $4,457 |
| Federal student loans | 72% | $6,999 |
Title-IV recipients living on campus saw average grant aid of $2,917.
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 | $19,891 |
| $30,001 – $75,000 | $20,797 |
| Over $75,000 | $25,709 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,983 |
| Off-campus title-IV students | $22,599 |
For a customized cost estimate, visit San Joaquin Valley College-Santa Maria’s net price tool: www.sjvc.edu/net-price-calculator.
The middle student in the debt distribution at San Joaquin Valley College-Santa Maria owes $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 |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at San Joaquin Valley College-Santa Maria.
| 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.
Median Debt by Income Bracket
| 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 |
These indicators are derived from the underlying debt data and summarize the overall picture at San Joaquin Valley College-Santa Maria.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at San Joaquin Valley College-Santa Maria:
| 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.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $46,139 |
| Average GI Bill amount per recipient | $23,070 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.