2011 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 $32,600 for the academic year. How are you paying for your freshman year 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) 589 48%
My parents' sources of funding (e.g., loans, wages, income, savings) 1004 82%
Contributions from grandparents or other family 164 13%
Other 59 5%

My 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 to me that I must repay 84 196 25 105 87 21 7 6 9
16% 36% 5% 19% 16% 4% 1% 1% 2%
My savings and income 85 157 175 86 26 7 2 5 10
15% 28% 32% 16% 5% 1% 0% 1% 2%
Grants or scholarships that I do not repay 49 53 64 79 80 35 62 74 67
9% 9% 11% 14% 14% 6% 11% 13% 12%

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 355 373 5 32 31 16 19 19 32
40% 42% 1% 4% 4% 2% 2% 2% 4%
Savings and income 368 14 36 41 38 46 49 43 345
38% 1% 4% 4% 4% 5% 5% 4% 35%

Grandparents' or other family members' 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 from various sources 50 81 0 3 1 0 2 0 1
36% 59% 0% 2% 1% 0% 1% 0% 1%
Savings and income 60 3 26 16 8 10 6 7 22
38% 2% 16% 10% 5% 6% 4% 4% 14%

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 724 60%
1-5 hrs 87 7%
6-10 hrs 93 8%
11-15 hrs 78 6%
16-25 89 7%
26-35 60 5%
More than 35 81 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 767 63%
1-5 hrs 108 9%
6-10 hrs 191 16%
11-15 hrs 112 9%
16-25 23 2%
26-35 5 0%
More than 35 7 1%

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 - $74,999$75,000 - $99,999$100,000 or more
You 625 85 157 131 73 37 18 34
54% 7% 14% 11% 6% 3% 2% 3%
Your parents 685 90 84 67 57 53 27 57
61% 8% 8% 6% 5% 5% 2% 5%
Your grandparents or other family 1018 21 7 7 5 2 1 1
96% 2% 1% 1% 0% 0% 0% 0%

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

Don't know 134 11%
$100 to $199 194 16%
$200 to $299 272 22%
$300 to $399 323 27%
$400 to $499 142 12%
$500 to $599 85 7%
$600 to $699 46 4%
$700 to $799 18 1%
$800 to $899 2 0%
$900 to $999 0 0%
$1,000 or more 1 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 there is a 1,000 character limit.)

(N = 791)    [Contact OPA for more information]

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 freshman at Berkeley? (Please be as brief as reasonably possible because there is a 1,000 character limit.)

 (N = 484)    [Contact OPA for more information]

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