Student Loans for Occidental College Students
About Occidental College
Occidental College is a private liberal arts college located in Los Angeles and it is one of the oldest liberal arts institutions in the region. Notably Occidental College is committed to maintaining a high standard of education, as you will find state-of-the-art classrooms, highly skilled faculty members and various educational resources within its walls.
Occidental College is dedicated to making education affordable and accessible to every student. To study here, students don’t need to come from wealthy backgrounds, as admission at Occidental College is based purely on academic performance. Once you are accepted, all you have to do is demonstrate financial need and apply for Occidental College Financial Aid, as Occidental aid is geared towards helping students obtain funding for education expenses. 79% of students at this college are currently receiving Occidental Financial Aid, as assistance basically consist of loans, scholarships, grants and federal work-study. Low interest rates and flexible repayment options are one of the greatest benefits of federal loans. If students have commendable academic records, then they may be eligible for a number of state scholarship programs and grants. which do not have to be paid back. Notably, the high percentage of students receiving aid shows that the process of receiving aid is simple and convenient. Of course, the first step toward applying for Occidental Financial Aid is filling out a FAFSA application, which is available online at fafsa.ed.gov. After submitting the application, it will take four to six weeks for aid approval and disbursement.
Paying for Occidental with Student Loans
You may still be left with pending expenses even after receiving your Occidental College Financial Aid package; therefore, it is important to find alternative funding sources such as private student loans. These loans may have higher interest rates than federal loans, but they can help you cover all education- related expenses. Simply find a suitable private loan by using our handy loan comparison tool, as this widget will help you compare different loan options so that you may pick the one that best suits your needs. It’s fast, free and easy to use!
Can you tell me about the grants offered by Occidental financial aid?
Students at Occidental College can receive aid from federal, state, and institutional resources. Students can apply for Federal Pell Grant and FSEOG, as both grants are intended for undergraduate students who demonstrate financial need. Applicants may obtain anywhere from $500 to $4,000 each year through FSEOG. Institutional grants range from $2,000 to $6,000 and can be renewed for three years. Lastly, students may apply for Cal Grants.
Are there any merit scholarship awards available via Occidental College financial aid?
Every year, the Occidental College financial aid office offers a number of merit-based scholarship awards. The merit-based scholarship awards available at Occidental College include the Achievement Award, Honors scholarships, the Upward Bound Achievement Award, Trustee scholarships, President scholarships, Boys & Girls State Leadership scholarships, and the Occidental Leadership Scholarship Award. In order to continue receiving these awards, students must adhere to specific guidelines.
Is there anything I can do to make sure that I get the financial aid at Oxy?
Applying for financial aid and then waiting for a response can be a very stressful experience for any student. However, there are no guarantees regarding sure shot financial assistance from Oxy financial aid, but there are a few things you can do to make this process as smooth and easy as possible. To begin, file all forms and documents before their deadlines. Always sign your forms; most forms require both parent and student signatures. Since email is now everyone’s primary official mode of communication, keep an eye on your emails. Last, call the school if you have any questions.
Pay for Occidental College*
|Total Avg. Cost||$55,691|
|Room & Board||$11,360|
|Financial Aid Information|
|Students Receiving Fin Aid||82%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$6,646|
|%Receiving Other Loans||20%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics