A lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to South Coast College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can South Coast College offer you, and what will you qualify for? Keep reading for more information. Keep going to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from South Coast College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At South Coast College, 75% of entering full-time freshmen got some type of financial assistance (about 3 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $7,345 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 25% | $4,845 |
| State/local grants | 0% | — |
| Federal student loans | 75% | $6,863 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 56% of undergraduates were awarded an average grant or scholarship of $5,935 (across approximately 136 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $5,935 |
| Federal Pell grants | 56% | $5,960 |
| Federal student loans | 93% | $7,807 |
On-campus students receiving title-IV aid were awarded grants averaging $2,448.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,390 |
| Over $75,000 | $25,025 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $16,534 |
| Off-campus title-IV students | $22,480 |
To project your own net price, use South Coast College’s online cost calculator: www.southcoastcollege.edu/netcalc/.
The median student at South Coast College graduates with $17,346 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,346 |
| Median federal debt (graduates only) | $20,938 |
| Typical 10-year monthly payment (graduates) | $221.98/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at South Coast College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,707 |
| 75th percentile | $34,835 |
| 90th percentile (highest-debt students) | $51,311 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,703 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,625 |
| Continuing-generation students | $36,649 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,704 |
| Independent students | $17,062 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. South Coast College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at South Coast College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2383 |
| Total Stafford loan amount | $62,640,435 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $9,756 |
| Average GI Bill amount per recipient | $1,951 |
References
More about our data sources and methodologies.