Pacific College Financial Aid and Scholarships
Students Receiving Aid
26%
Total Aid Amount
$530.273K
Financial Aid Official Website
www.pacific-college.edu/financial-aid
Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. Notably, 72% of the students at Pacific College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,994,822. More information regarding the financial assistance schemes can be accessed on PC’s official financial aid page at http://www.lifepacific.edu/cost-aid. The total percentage of candidates applying to Pacific College who receive the Federal Grant is 49%. In comparison, 49% of the students get the Student Grant, and 47% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,663. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $8,381 on average in a year. The average aid amount stands at $6,503 for an annual family income between $30,001 and $48,000. This amount comes to $6,061 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 $3,568. And, for those with a family income of more than $110,000, the amount stands at $531. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Pacific College, the percentage of candidates who opt to avail of student loans is around 68%.
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