Most 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 Touro University California can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can TUC deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see just how much financial aid could 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Touro University California.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
The best aid is gift aid: grants and scholarships that carry no repayment obligation.
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 0% | — |
| Federal Pell grants | 0% | — |
| Federal student loans | 0% | — |
The middle student in the debt distribution at TUC owes $12,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,500 |
| Median federal debt (graduates only) | $12,500 |
| Typical 10-year monthly payment (graduates) | $132.52/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at TUC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $6,250 |
| 25th percentile | $11,275 |
| 75th percentile | $22,916 |
| 90th percentile (highest-debt students) | $25,000 |
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 | $12,500 |
A handful of calculated indicators summarize the debt outlook at TUC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at TUC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8562 |
| Total Stafford loan amount | $845,494,203 |
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 | 6 |
| Total GI Bill amount | $133,086 |
| Average GI Bill amount per recipient | $22,181 |
References
More about our data sources and methodologies.