by our College Data Analytics TeamMost 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 sum total of attendance at University of the Pacific can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Pacific deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at University of the Pacific.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at University of the Pacific, 98% of first-time, full-time freshmen received some form of financial aid roughly 754 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $41,111 |
| Institutional grants & scholarships | 98% | $35,054 |
| Federal Pell grants | 36% | $5,949 |
| State/local grants | 39% | $8,727 |
| Federal student loans | 42% | $5,192 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 95% of undergraduates were awarded an average grant or scholarship of $38,433 (among about 3127 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $38,433 |
| Federal Pell grants | 36% | $5,740 |
| Federal student loans | 40% | $6,592 |
For students living on campus and receiving title-IV aid, grants averaged $46,068.
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 | $17,588 |
| $30,001 – $75,000 | $18,936 |
| Over $75,000 | $34,194 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,447 |
| Off-campus title-IV students | $25,926 |
For a customized cost estimate, visit Pacific’s official net price calculator: pacific.clearcostcalculator.com/student/default/netpricecalculator/survey.
A typical borrower at Pacific leaves with $17,653 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,653 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Pacific.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,219 |
| 75th percentile | $30,281 |
| 90th percentile (highest-debt students) | $40,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $18,000 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,500 |
| Continuing-generation students | $15,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,250 |
| Independent students | $25,000 |
A handful of calculated indicators summarize the debt outlook at Pacific.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Pacific:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22653 |
| Total Stafford loan amount | $1,023,575,398 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 74 |
| Total GI Bill amount | $2,113,942 |
| Average GI Bill amount per recipient | $28,567 |
References
More about our data sources and methodologies.