2008 SONS Freshmen: Results and Summary: Part 5

Affordability

1. Your expenses may vary from the official estimate, but Berkeley estimates the total cost for California residents living in University housing at about $25,600 for the academic year.

How are you paying for your freshman year expenses, including registration fees, housing, meals, transportation, and books? Please check all that apply.

393  (16.4%)   My personal sources of funding (e.g. loans, income, savings, grants & scholarships)

201  (8.4%)   Loans to me that I must repay

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
40  (20.1%) 1  (0.5%) 26  (13.1%) 67  (33.7%) 42  (21.1%) 9  (4.5%) 6  (3.0%) 8  (4.0%)

150  (6.2%)   My savings and income

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
25  (15.5%) 4  (2.5%) 66  (41.0%) 36  (22.4%) 25  (15.5%) 2  (1.2%) 2  (1.2%) 1  (0.6%)

330  (13.7%)   Grants or scholarships to me that I will not repay

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
37  (11.4%) 1  (0.3%) 61  (18.8%) 51  (15.7%) 69  (21.3%) 32  (9.9%) 30  (9.3%) 43  (13.3%)

613  (25.5%)  My parents' sources of funding (e.g., loans, income, savings)

130  (5.4%)   Parents' loans that they will repay

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
63  (47.7%)   3  (2.3%) 14  (10.6%) 13  (9.8%) 15  (11.4%) 9  (6.8%) 15  (11.4%)

551  (22.9%)   Parents' savings and income

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
247  (45.5%) 1  (0.2%) 27  (5.0%) 29  (5.3%) 30  (5.5%) 24  (4.4%) 30  (5.5%) 155  (28.5%)

76  (3.2%)   Contributions from grandparents or other family

1  (0.0%)   Loans taken by my grandparents or other family members

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
1  (50.0%) 1  (50.0%)            

73  (3.0%)   Grandparents' or other family members' savings and income

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
26  (35.6%)   22  (30.1%) 8  (11.0%) 7  (9.6%) 3  (4.1%)   7  (9.6%)

27  (1.1%)   Other

19  (0.8%)   Other sources – loans

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
4  (22.2%)   2  (11.1%) 4  (22.2%) 3  (16.7%) 1  (5.6%) 1  (5.6%) 3  (16.7%)

11  (0.5%)   Other sources – savings and income

A significant amount that I don't know$0 (Zero out)$2,000 or less$2,001 to $5,000$5,001 to $10,000$10,001 to $15,000$15,001 to $20,000Over $20,000
4  (44.4%) 2  (22.2%) 1  (11.1%) 1  (11.1%)     1  (11.1%)  

2. If you worked for pay in the summer of 2008, how many hours per week did you usually work?

440  (57.1%)   I did not work any hours this summer
45  (5.8%)   1-5
54  (7.0%)   6-10
45  (5.8%)   11-15
76  (9.9%)   16-25
46  (6.0%)   26-35
64  (8.3%)   More than 35

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

520  (67.4%)   None
71  (9.2%)   1-5
105  (13.6%)   6-10
54  (7.0%)   11-15
13  (1.7%)   16-20
9  (1.2%)   21 or more

4. By the time you graduate from Cal, what is the estimated total amount of loans that you and your parents will have to repay?

 NoneLess than $5,000$5,000-14,999$15,000-29,999$30,000-49,999$50,000 or more
You 399  (53.9%)   62  (8.4%)   110  (14.9%)   103  (13.9%)   28  (3.8%)   38  (5.1%)  
Your parents 443  (61.6%)   49  (6.8%)   85  (11.8%)   58  (8.1%)   32  (4.5%)   52  (7.2%)  

5.  How much did books cost you for this term?

  6  (0.8%)   $1,000 or more
  1  (0.1%)   $900 to $999
  14  (1.8%)   $800 to $899
  30  (3.9%)   $700 to $799
  44  (5.6%)   $600 to $699
  102  (13.1%)   $500 to $599
  132  (16.9%)   $400 to $499
  191  (24.5%)   $300 to $399
  159  (20.4%)   $200 to $299
  68  (8.7%)   $100 to $199
  32  (4.1%)   Don't know
  [1624 missing]     (Select one)
 

6.  Has there been an expense that greatly exceeded your anticipated budget amount?

[Contact OPA for more information]

7. This question is about the incentive offered to participate in the survey. You are part of the 50% of students with a 1 in 750 chance of winning $500. If you had a choice, which offer would you prefer?

382  (31.5%)   A 1 in 750 chance of winning $500
421  (34.8%)   A 1 in 75 chance of winning $50
397  (32.8%)   I have no preference
11  (0.9%)   I prefer that prizes not be offered

8. This question is about the incentive offered to participate in the survey. You are part of the 50% of students with a 1 in 75 chance of winning $50. If you had a choice, which offer would you prefer?

149  (13.1%)   A 1 in 750 chance of winning $500
640  (56.4%)   A 1 in 75 chance of winning $50
329  (29.0%)   I have no preference
17  (1.5%)   I prefer that prizes not be offered

9.  Thanks for taking the time to share information about yourself with us. Is there anything else that you would like to tell us about your impending experience as a freshman at Berkeley? 

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