They have $9.6 million in merit aid.
They gave it to 497 undergraduates in 2013-14. That is 14% of students got something (avg $19.3k) in merit aid.
They could fund 152 full ride full rides, or 4% of undergraduates ($63k in 2013-14 for tuition/books/fees/room/board/other. Price is higher I think for 2015-16).
Instead, they spread it out to 497 students.
You get the idea.
I spoke to admit officer this week. They are very evasive about what they do, and what chances someone may have for full scholarships. Unless you get past their “front line” phone staff, you probably wont learn much.
My son is 1600/2330 SAT w 3.9 GPA at rigorous high school with good extras and a successful athlete. After scouring their website, and then calling, I still have no idea what he’d qualify for at Pepperdine, other than he’d likely get some partial scholarship. Not likey to allow attendance though…