by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at California Institute of Medical Science can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financing options does California Institute of Medical Science offer you, and what will you qualify for? Keep scrolling for more information. Keep going to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from California Institute of Medical Science.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At California Institute of Medical Science, some 67% of undergrads got grants or scholarships worth on average $6,193 (covering around 47 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $6,193 |
| Federal Pell grants | 60% | $4,090 |
| Federal student loans | 31% | $3,721 |
The median student at California Institute of Medical Science graduates with $5,388 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,388 |
| Median federal debt (graduates only) | $6,670 |
| Typical 10-year monthly payment (graduates) | $70.71/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The figure below distills the debt data into a single burden category for California Institute of Medical Science.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at California Institute of Medical Science:
| Metric | Value |
|---|---|
| Stafford loan recipients | 115 |
| Total Stafford loan amount | $594,525 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $13,500 |
| Average GI Bill amount per recipient | $13,500 |
References
More about our data sources and methodologies.