2015 SONS Freshmen - Part 4: Affordability

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 current academic 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) 743
53%
My parents' sources of funding (e.g., loans, wages, income, savings) 1139
81%
Contributions from grandparents or other family 230
16%
Other
[Contact OPA for more information]
60
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 80 3 40 27 15 18 6 6 20
37% 1% 19% 13% 7% 8% 3% 3% 9%
My savings and income 140 159 203 122 41 13 8 4 12
20% 23% 29% 17% 6% 2% 1% 1% 2%
Grants or scholarships that I do not repay 89 81 80 109 71 71 61 73 87
12% 11% 11% 15% 10% 10% 8% 10% 12%

Parents' 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 420 453 8 21 32 20 18 20 43
41% 44% 1% 2% 3% 2% 2% 2% 4%
Savings and income 406 23 53 42 42 42 34 47 416
37% 2% 5% 4% 4% 4% 3% 4% 38%

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 75 112 2 5 0 2 0 1 1
38% 57% 1% 3% 0% 1% 0% 1% 1%
Savings and income 80 3 40 27 15 18 6 6 20
37% 1% 19% 13% 7% 8% 3% 3% 9%

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 832 61%
1-5 hours 87 6%
6-10 hours 83 6%
11-15 hours 67 5%
16-25 hours 98 7%
26-35 hours 69 5%
More than 35 120 9%

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

I do not plan to work this semester 942 70%
1-5 hours 90 7%
6-10 hours 175 13%
11-15 hours 103 8%
16-25 hours 25 2%
26-35 hours 10 1%
More than 35 10 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?

 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 498 479 46 68 113 41 24 15 34
38% 36% 4% 5% 9% 3% 2% 1% 3%
Your parents 557 561 23 31 26 27 22 11 39
43% 43% 2% 2% 2% 2% 2% 1% 3%
Your grandparents or other family 331 869 11 6 0 1 2 0 1
27% 71% 1% 1% 0% 0% 0% 0% 0%

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

Don't know 204 15%
$100 to $199 457 34%
$200 to $299 321 24%
$300 to $399 184 14%
$400 to $499 87 6%
$500 to $599 53 4%
$600 to $699 15 1%
$700 to $799 12 1%
$800 to $899 7 1%
$900 to $999 4 0%
$1,000 or more 8 1%

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

Not Applicable; I was not offered subsidized loans 600 45%
Yes, I accepted subsidized loans that I was offered 287 21%
No, I did not accept subsidized loans that I was offered 303 23%
I do not know if I have accepted a subsidized loan 152 11%

6a. Please share with us why you did not accept the subsidized loans.

[Contact OPA for more information]

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

No 979 74%
Yes (please explain)
[Contact OPA for more information]
349 26%

8. 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 experiences as a new Berkeley student?

[Contact OPA for more information]

9. Where would you like to get updated information about the campus? (Please select up to five):

UC Berkeley Home Page - www.berkeley.edu 215
15%
Berkeley email - Bmail 921
66%
myBerkeley App 392
28%
Campus news portal - UC Berkeley NewsCenter 59
4%
The Berkeley Blog 43
3%
Independent student newspaper - Daily Californian 136
10%
Monthly publication of the Cal Alumni Association - California magazine 18
1%
Newsletter for parents of UC Berkeley undergraduates - Letter Home 58
4%
Campus radio station (90.7 FM) - KALX 17
1%
IT-related news for the campus community - iNews headlines 12
1%
Student run magazine - Caliber Magazine 23
2%
Department or Division Websites 46
3%
Residence Halls 520
37%
Facebook 537
38%
Twitter 82
6%
YouTube 87
6%
Text message 270
19%
bSpace 150
11%
Info: In-person - fellow student 273
19%
Info: In-person - advisor 180
13%
Info: In-person - faculty 158
11%
Info: In-person - staff 121
9%
Other social media, please specify:
[Contact OPA for more information]
9
1%
Other, please specify:
[Contact OPA for more information]
9
1%