by our College Data Analytics TeamMany students attending University of the Pacific can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Uncover the various financial aid options provided by Pacific and determine which ones you may be eligible for by continuing your exploration.
$32,773.00 is the typical University of the Pacific’s first year financial aid package. Approximately 96% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at University of the Pacific.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The following numbers pertain to assistance that is supplied by University of the Pacific.
96% of first-year students (774 total) were offered scholarships at University of the Pacific, averaging $27,201.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 38% of first years (304 total) were awarded federal grant aid, averaging $5,461.00 each.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.09% | $41,992.00 |
| Income 30k-48k | 9.78% | $41,622.00 |
| Income 48k-75k | 13.61% | $39,241.00 |
| Income 75k-110k | 8.91% | $34,961.00 |
| Income 110k + | 15.10% | $25,364.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
774 Pacific undergrads obtain grant aid (this is about 96% of the entire undergraduate student population). The average amount these students receive is $32,773.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
