Avg. Federal Grant
Avg. Federal Loan
Total Aid Awarded
Financial Aid Breakdown
Pepperdine University offers a quality financial aid structure; about an estimate of 79% of students receive financial aid, which is a great indication of their financial aid performance.
Almost 20% of students receive an average of US$6,298 in the form of Federal Grants.
18% of grant recipients receive the Pell Grant at an average of US$4,483.
The average Institutional Grant Aid average comes up to US$27,337 among 91% of students who receive it.
12% of the students receive an average of US$8,679 in the form of State Grants.
Federal Aid based on Family Income
This is in the form of federal aids depending on the income of the student or the student’s family. It’s segregated in five different income types to help determine the appropriate average amount of federal aid you may receive with respect to your family’s income. The average federal aid in Pepperdine University is calculated according to the family income of the student. Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs.
The federal aid for the family income ranging between $0-$48,000 is high, with the families receiving about $44,000 (under $30,000), and $42,996 (between $30,000 - $48,000). $39,475 is considered the median average, with the income bracket being $48,000 - $75,000. The families who have income over $110,000 received average aid of $28,130.
Student Loans for Pepperdine University
Average Loan Amount
Student loans, unlike other financial aid options, are part of self-help aids, which means that the students are required to repay the amount offered to them by the lenders. It also comes with an interest, most of the times. Due to the implications of these factors, students are required to be more careful with taking student loans, even though loans come from federal, institutional, and private sourses, it's advisable to prefer federal and institutional loans. Here are a few options that students of pepperdine University have:
- Federal Direct Subsidized/unsubsidized loans
- Federal Direct PLUS Loans
- Pepperdine University Restricted Loans
- Elkins Loan
- Seaver Associate Loan
- Seaver Institutional Loan
- Seaver Student Loan
- Alternate Loans(private loans)
To know more about these loans, click here.