2010 SONS Freshmen: Results and Summary: Part 4

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 $31,000 for the academic year. How are you paying for your first year at Berkeley expenses (e.g., registration fees, housing, meals, transportation, books)? Please check all that apply.

My personal sources of funding (e.g. loans, wages, income, savings, grants & scholarships) 1104 49%
My parents' sources of funding (e.g., loans, wages, income, savings) 1814 80%
Contributions from grandparents or other family 253 11%
Other 99 4%

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 184 278 51 212 209 50 9 15 16
18% 27% 5% 21% 20% 5% 1% 1% 2%
My savings and income 206 260 303 163 54 20 4 4 9
20% 25% 30% 16% 5% 2% 0% 0% 1%
Grants or scholarships that I do not repay 124 80 124 154 108 111 111 154 97
12% 8% 12% 14% 10% 10% 10% 14% 9%

Parents' sources of funding (e.g. loans, income, savings, grants and 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 from various sources 690 583 25 55 64 40 35 31 53
44% 37% 2% 3% 4% 3% 2% 2% 3%
Savings and income 716 36 68 94 77 87 79 88 504
41% 2% 4% 5% 4% 5% 5% 5% 29%

Grandparents' or other family members' personal sources of funding (e.g. loans, income, savings, grants and 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 from various sources 81 102 4 1 2 2 2 2 1
41% 52% 2% 1% 1% 1% 1% 1% 1%
Savings and income 86 2 41 20 22 26 7 5 31
36% 1% 17% 8% 9% 11% 3% 2% 13%

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

I did not work any hours this summer 1338 60%
1-5 hrs 171 8%
6-10 hrs 161 7%
11-15 hrs 106 5%
16-25 173 8%
26-35 116 5%
More than 35 153 7%

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

I do not plan to work this semester 1430 64%
1-5 hrs 202 9%
6-10 hrs 350 16%
11-15 hrs 172 8%
16-25 46 2%
26-35 7 0%
More than 35 13 1%

ESTIMATED TOTAL LOANS AT GRADUATION

4. By the time you graduate from Cal, what is the estimated total amount of loans for all college-level attendance 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 - $74,999$75,000 - $99,999$100,000 or more
You 1011 187 299 291 165 81 30 46
48% 9% 14% 14% 8% 4% 1% 2%
Your parents 1210 139 170 147 118 93 45 84
60% 7% 8% 7% 6% 5% 2% 4%
Your grandparents or other family 1832 38 15 8 3 3 4 2
96% 2% 1% 0% 0% 0% 0% 0%

5. How much did you spend on books for this term?

Don't know 203 9%
$100 to $199 251 11%
$200 to $299 549 25%
$300 to $399 624 28%
$400 to $499 299 13%
$500 to $599 176 8%
$600 to $699 67 3%
$700 to $799 34 2%
$800 to $899 8 0%
$900 to $999 10 0%
$1,000 or more 4 0%

6. As you start this term, has there been an expense that greatly exceeded your anticipated budget amount?  (Please be as brief as reasonably possible because answers may not exceed 1,000 characters in length.)

[Contact OPA for more information] (N=1493)

7. 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 Berkeley student? (Please be as brief as reasonably possible because answers may not exceed 1,000 characters in length.) 

  [Contact OPA for more information] (N=853)

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