by our College Data Analytics TeamThe total cost of attendance at Santa Barbara Business College - Ventura can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Discover the financial aid possibilities at Santa Barbara Business College - Ventura and learn what assistance you might qualify for by continuing to read.
$9,267.00 is the typical Santa Barbara Business College - Ventura’s first year financial aid package. About 96% of first year students receive financial aid, most of which is in the form of loans.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Santa Barbara Business College - Ventura.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers apply to scholarships and grants largely offered by the school itself.
24% of incoming freshmen (12 total) were given scholarships at Santa Barbara Business College - Ventura, averaging $6,481.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 86% of freshman students (42 total) obtained federal grant aid, averaging $6,537.00 a piece.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 36.73% | $12,840.00 |
| Income 30k-48k | 14.29% | $10,183.00 |
| Income 48k-75k | 16.33% | $9,089.00 |
| Income 75k-110k | 6.12% | $830.00 |
| Income 110k + | 14.29% | $1,181.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
96% of the 49 undergraduates at Santa Barbara Business College - Ventura receive some sort of grant aid. This is a total of about 43 students getting an average of $9,267.00 per person.The bulk of which are Pell Grants.
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.