OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Occidental College Financial Aid and Scholarships 2022

Occidental College, which is located in Los Angeles, CA is a private university. Occidental College occupies a total area of about 120 acres. Occidental College was founded in the year 1887. Occidental College believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Occidens Proximus Orienti (Latin) and its official colors are orange and black. Taking into account all the courses offered at Occid

Occidental College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$49.657M

Financial Aid Official Website

https://www.oxy.edu/admission-aid/financial-aid

Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. It is interesting to note that, every year, around 75% of students at OC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,053,790. One can visit OC's financial aid page at https://www.oxy.edu/admission-aid/financial-aid for more information. The total percentage of candidates applying to Occidental College who receive the Federal Grant is 20%. In comparison, 72% of the students are awarded the Student Grant, 72% get the Institution Grant, and 20% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,787, and the same stands at $9,084 for State Grant awardees and $35,529 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,697. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $54,869 on average in a year. The average aid amount stands at $53,883 for an annual family income between $30,001 and $48,000. This amount comes to $49,533 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $39,858. And, for those with a family income of more than $110,000, the amount stands at $27,072. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At OC, an estimated number of 48% of the applicants choose to go for student loans.

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