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 total cost of going to Soka University of America can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Soka University deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Soka University of America.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. 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 Soka University of America, 100% of first-time, full-time freshmen received some form of financial aid (about 126 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $39,373 |
| Institutional grants & scholarships | 100% | $37,892 |
| Federal Pell grants | 21% | $5,347 |
| State/local grants | 7% | $4,126 |
| Federal student loans | 33% | $5,221 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Soka University, roughly 100% of the undergraduate population received grant aid that averaged $39,874 (for some 465 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $39,874 |
| Federal Pell grants | 20% | $5,524 |
| Federal student loans | 37% | $6,144 |
For students living on campus and receiving title-IV aid, grants averaged $36,804.
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 | $12,223 |
| $30,001 – $75,000 | $9,254 |
| Over $75,000 | $27,974 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $18,260 |
| Off-campus title-IV students | $21,446 |
For a personalized estimate based on your family’s financial situation, use Soka University’s official net price calculator: npc.collegeboard.org/app/soka.
The middle student in the debt distribution at Soka University owes $15,250 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,250 |
| Median federal debt (graduates only) | $15,650 |
| Typical 10-year monthly payment (graduates) | $165.92/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown 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 Soka University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,250 |
| 75th percentile | $26,720 |
| 90th percentile (highest-debt students) | $28,128 |
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 | $18,904 |
| Middle income | $14,707 |
| High income | $14,707 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,518 |
| Continuing-generation students | $14,859 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Soka University.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Soka University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 533 |
| Total Stafford loan amount | $8,529,895 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $8,395 |
| Average GI Bill amount per recipient | $8,395 |
References
More about our data sources and methodologies.