$6,298

Avg. Federal Grant

$5,501

Avg. Federal Loan

$86,560,739

Total Aid Awarded

Pepperdine University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$86.561M

Financial Aid Official Website

www.pepperdine.edu/admission/financialaid/

Pepperdine University is accredited by the Western Association of School and College-Senior College and University Commission (WSCUC); this is one of the six official educational bodies in the U.S., enabling them to offer a range of financial aid to students who most require it and help them meet their needs with appropriate assistance. Through scholarships, grants, and loans, Pepperdine University is able to achieve this promise by awarding it to those who show academic excellence or are in significant need of financial aid.

Scholarships

Pepperdine University offers a wide variety of scholarship opportunities for students who meet the requirements set by them. They provide both federal and private scholarships, all of which vary between the academic scholarships and financial scholarships. Pepperdine University provides various scholarships to students based on undergraduate and graduate programs.

  • Special Achievement Scholarships: This scholarship is awarded to those students who demonstrate strong talent in the field of art, music, sports, etc. Students must maintain a specific GPA and complete the specified number of units in their major in order to secure this scholarship.

  • Academic Scholarship: There are two types of scholarships which the students may choose from, should they opt for academic scholarships.  In both scholarships, the students must maintain the 3.25 Pepperdine cumulative GPA.

    • Regent Scholarship: They are renewable for as many as 4-year or 8-year semesters in total.

    • Blanche E. Seaver Scholarship

  • Merit Scholarships: This scholarship is awarded to students that qualify at the time of admission. This is only applicable to those who exude overall academic achievement but are ineligible for the Regent Scholarship or Pepperdine Grant. Students also need to maintain a minimum of 2.0 GPA in every semester to continue receiving this scholarship.

  • Church of Christ Scholarship: This is dedicated to students who demonstrate active participation in the Church of Christ congregation. There are two types of scholarship in this program: Christian Leadership Award, and Pepperdine Legacy Partners (PLP) Helen Young Scholarship.

  • Diane and Guilford Glazer Scholarship: This scholarship is granted to those students who show interest in the study of Judaism and the Jew-Christian relationship.

For further details and scholarship list, please visit the university’s scholarship page.

Grants

As long as the students are in great need of financial support, grants will be offered to them. This applies to situations such as special needs students and other such factors. Grants can come from various institutions such as the federal government, state government, or the institute itself. However, the student must remain eligible for grants as ineligibility will render the access to the grant(s) null, at which point the student must repay it. Students receive some of the following grants.

Federal Grants

  • Federal Pell Grant: Federal Pell Grant is provided to students who require critical financial need. This grant is available for students pursuing their first bachelor or undergraduate degree. It includes tuition, fee, room, and board, or other personal expenses.

  • Federal Supplemental Education Opportunity Grant (FSEOG): FSEOG is offered to those who are offered a pell grant. It’s based upon the remaining unmet need of Pell-eligible students. Funds are available to students on a very limited basis and availability of the fund.

  • Federal TEACH Grant Program: Federal teacher education assistance for college and higher education (TEACH) provides grants up to $4,000 per year who show interest to teach in public and private elementary or secondary schools.

State Grants

  • California Grant (Cal Grant): California Grant or Cal Grant is offered by the State of California to California resident students who are U.S citizens or eligible non-citizens. There are two types of Cal Grant: Cal Grant A, which is based on financial need and academic achievement; the range of Cal Grant A is $8,322 to $9,708, and Cal Grant B, which is exclusively based on financial need. This grant provides a stipend for living expenses in the first award year and tuition and fee in the subsequent year along with the stipend.

Institutional Grants

Pepperdine Grant: This grantis based on academic components and is made available from the university resources. Students need to fill the FAFSA application form. The grant is awarded to help make up for the student’s financial deficiency. Maintaining a minimum 2.0 GPA cumulatively as well as putting up satisfactory academic performance are mandatory. It is applicable exclusively to tuition charges.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

20%

State Grant Aid

12%

Institution Grant Aid

91%

Pell Grant

18%

Average Aid Awarded

Federal Grant Aid

$6,298

State Grant Aid

$8,699

Institution Grant Aid

$27,337

Pell Grant

$4,483

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

Family Income

Average Federal Aid Per Year

Under $30,000

$44,000

$30,001 - $48,000

$42,996

$48,001 - $75,000

$39,475

$75,001 - $110,000

$37,986

Over $110,000

$28,130

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 Average Loan Amount received per year.

$7,591/Year

Students Taking Out Loans

48%

Loan Default Rate

1.4%

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.

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