$5,167

Avg. Federal Grant

$5,329

Avg. Federal Loan

$88,617,771

Total Aid Awarded

University of the Pacific Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$88.618M

Financial Aid Official Website

web.pacific.edu/x17330.xml

Students can avail of scholarships provided by the university, such as ASTA Northern California Chapter - Richard Epping Scholarship, AWA Scholarship Awards, CCNMA Scholarship, and Cal Grant A, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 97% of students at UP receive some kind of financial aid, while the total amount of assistance/loans provided is $12,785,202. One can visit UP's financial aid page at http://web.pacific.edu/x17330.xml for more information. Notably, a total of 35% of the applicants to University of the Pacific receive the Federal Grant every year. In comparison, 96% of the students are awarded the Student Grant, 96% get the Institution Grant, and 35% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,267, the State Grant receivers and Institution Grant beneficiaries get $8,184 and $25,894, respectively. And, for the Pell Grant awardees, the average aid amount is $4,871. 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 $36,724 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $35,500 and $30,963, respectively. On the other hand, the average federal aid stands at $27,460 for those with an annual family income between $75,001 and $110,000, and at $19,442 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At University of the Pacific, the percentage of candidates who opt to avail of student loans is around 54%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

45%

Institution Grant Aid

98%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$5,167

State Grant Aid

$8,451

Institution Grant Aid

$25,566

Pell Grant

$4,750

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$40,697

$30,001 - $48,000

$40,113

$48,001 - $75,000

$36,424

$75,001 - $110,000

$32,853

Over $110,000

$23,782

Student Loans for University of the Pacific

Average Loan Amount Average Loan Amount received per year.

$6,320/Year

Students Taking Out Loans

58%

Loan Default Rate

2.1%

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