by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Discover the financial aid possibilities at Pacific and learn what assistance you might qualify for by continuing to read.
$30,151.00 is the typical Pacific University’s first year financial aid package. Financial aid is provided to about 99% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Pacific University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Pacific University.
97% of new students (402 total) were offered scholarships at Pacific University, averaging $28,392.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 28% of freshmen (117 total) received a federal grant, for about $5,250.00 a person.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.02% | $40,770.00 |
| Income 30k-48k | 8.17% | $40,657.00 |
| Income 48k-75k | 12.74% | $34,046.00 |
| Income 75k-110k | 18.75% | $30,123.00 |
| Income 110k + | 41.35% | $23,892.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
404 Pacific undergrads obtain grant aid (this is about 99% of the entire undergraduate student population). The average amount these students receive is $30,151.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.