by our College Data Analytics TeamMost 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 total price of attendance at Sierra College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Sierra College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out just how much financial aid will be open 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 Sierra College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Sierra College, 81% of entering full-time freshmen got some type of financial assistance approximately 1298 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $5,006 |
| Institutional grants & scholarships | 6% | $324 |
| Federal Pell grants | 35% | $5,847 |
| State/local grants | 80% | $2,428 |
| Federal student loans | 1% | $5,645 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Sierra College, roughly 49% of the undergraduate population received grant aid that averaged $4,648 (covering around 8594 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 49% | $4,648 |
| Federal Pell grants | 22% | $4,786 |
| Federal student loans | 2% | $6,926 |
For on-campus title-IV students, average grant aid came to $9,757.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,254 |
| $30,001 – $75,000 | $5,089 |
| Over $75,000 | $8,678 |
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 | $7,245 |
| Off-campus title-IV students | $4,462 |
For a customized cost estimate, visit Sierra College’s online cost calculator: misweb.cccco.edu/npc/271/npcalc.htm.
The median student at Sierra College graduates with $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Sierra College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,600 |
| 25th percentile | $4,300 |
| 75th percentile | $15,750 |
| 90th percentile (highest-debt students) | $27,000 |
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 | $9,500 |
| Middle income | $9,500 |
| High income | $5,378 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $7,854 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $10,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Sierra College.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Sierra College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8520 |
| Total Stafford loan amount | $119,590,440 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.