2017 SONS Transfers - Part 4: Affordability

Affordability

Your expenses may vary from the official estimate, but Berkeley estimates the total cost for California residents living in University housing at about $34,400 for the academic year. How are you paying for your current academic year expenses (e.g., registration fees, housing, meals, transportation, books)? Please check all that apply.

Selected
My personal sources of funding (e.g. loans, wages, income, savings, grants & scholarships) 877
62%
My parents' sources of funding (e.g., loans, wages, income, savings) 740
52%
Contributions from grandparents or other family 149
10%
Other
[Contact OPA for more information]
85
6%

How are you paying for your current academic year expenses?

- My personal sources of funding (e.g. loans, income, savings, grants & scholarships)

 An amount that I don't know$0 (Zero)$1 to $1,999$2,000 to $4,999$5,000 to $9,999$10,000 to $14,999$15,000 to $19,999$20,000 to $24,999$25,000 or more
Loans to me that I must repay 118 343 27 112 122 45 18 17 28
- 48% 4% 16% 17% 6% 3% 2% 4%
My savings and income 118 119 247 161 101 52 12 7 20
- 17% 34% 22% 14% 7% 2% 1% 3%
Grants or scholarships that I do not repay 122 97 48 70 59 73 68 142 168
- 13% 7% 10% 8% 10% 9% 20% 23%

- Parents' sources of funding (e.g. loans, income, savings)

 An amount that I don't know$0 (Zero)$1 to $1,999$2,000 to $4,999$5,000 to $9,999$10,000 to $14,999$15,000 to $19,999$20,000 to $24,999$25,000 or more
Loans from various sources 283 276 12 22 20 15 6 9 30
- 71% 3% 6% 5% 4% 2% 2% 8%
Savings and income 156 23 50 62 60 47 29 21 156
- 5% 11% 14% 13% 11% 7% 5% 35%

- Grandparents' or other family members' personal sources of funding (e.g. loans, income, savings)

 An amount that I don't know$0 (Zero)$1 to $1,999$2,000 to $4,999$5,000 to $9,999$10,000 to $14,999$15,000 to $19,999$20,000 to $24,999$25,000 or more
Loans from various sources 45 73 4 1 1 3 1 0 5
- 83% 5% 1% 1% 3% 1% 0% 6%
Savings and income 54 9 33 10 15 6 3 5 9
- 10% 37% 11% 17% 7% 3% 6% 10%

If you worked for pay this past summer, how many hours per week did you usually work?

ResponseNumberPercent
I did not work any hours this summer 550 42%
1-5 hours 38 3%
6-10 hours 85 7%
11-15 hours 102 8%
16-25 hours 178 14%
26-35 hours 149 11%
More than 35 203 16%

About how many hours per week are you expecting to work (paid employment) this semester?

ResponseNumberPercent
I do not plan to work this semester 713 55%
1-5 hours 76 6%
6-10 hours 166 13%
11-15 hours 162 12%
16-25 hours 125 10%
26-35 hours 40 3%
More than 35 24 2%

By the time you graduate from UC Berkeley, what is the estimated total amount of loans that you, your parents, and other family will have to repay?

 An amount that I don't knowNoneLess than $5,000$5,000 to 14,999$15,000 to 29,999$30,000 to 49,999$50,000 to 74,999$75,000 to $99,999$100,000 or more
You 369 434 89 177 113 57 20 9 16
- 47% 10% 19% 12% 6% 2% 1% 2%
Your parents 376 682 26 31 30 20 12 5 17
- 83% 3% 4% 4% 2% 2% 1% 2%
Your grandparents or other family 289 844 6 9 7 5 3 2 1
- 96% 1% 1% 1% 1% 0% 0% 0%

How much do you plan to spend on books for this term?

ResponseNumberPercent
$100 to $199 353 35%
$200 to $299 291 29%
$300 to $399 160 16%
$400 to $499 76 8%
$500 to $599 60 6%
$600 to $699 33 3%
$700 to $799 13 1%
$800 to $899 14 1%
$900 to $999 1 0%
$1,000 or more 18 2%
Don't know 282 -

If you were offered subsidized loans through the Financial Aid office, did you accept them?

ResponseNumberPercent
Yes, I accepted subsidized loans that I was offered 329 46%
No, I did not accept subsidized loans that I was offered 391 54%
I do not know if I have accepted a subsidized loan 142 -
Not Applicable; I was not offered subsidized loans 431 -

Please share with us why you did not accept the subsidized loans.

[Contact OPA for more information]

As you start this term, has there been an expense that greatly exceeded your anticipated budget amount?

ResponseNumberPercent
No 771 60%
Yes (please explain)
[Contact OPA for more information]
509 40%

Before finishing, the unstructured questions on this page provide an opportunity for you to record experiences not already covered and/or expand on earlier responses.

What has gone surprisingly well, much better than expected?

[Contact OPA for more information]

What has not gone well? What has caused you problems, anxiety or disappointment?

[Contact OPA for more information]

Is there anything else that you would like to tell us about your experiences as a new Berkeley student?

[Contact OPA for more information]

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