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California Miramar University Paying for Your Degree

100% Freshmen Get Financial Aid
$5,464 Average Grant & Scholarship
58% Undergrads Get Grant Aid

A lot of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at California Miramar University can sound overwhelming, but bear in mind that many students get some type of financial aid.

What financial assistance options will California Miramar University offer, and what will you qualify for? Read on for more information. Scroll down to see how much school funding could be available to you.

Importance of California Miramar University Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from California Miramar University.

Average Freshman Financial Aid at California Miramar University

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

For freshmen starting at California Miramar University, 100% of the incoming full-time class was awarded financial aid around 14 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$6,587
Institutional grants & scholarships71%$1,280
Federal Pell grants86%$6,273
State/local grants0%
Federal student loans100%$6,134

Undergraduate Grant Aid at California Miramar University

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 58% of the undergraduate population received grant aid that averaged $5,464 (covering around 38 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)58%$5,464
Federal Pell grants48%$5,377
Federal student loans48%$6,371

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,587.

Aid by Income Level at California Miramar University

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$9,510
$30,001 – $75,000$8,974
Over $75,000$16,522

Each amount is the average cost remaining once grant aid is subtracted, by income band.

What a Degree Really Costs at California Miramar University

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$12,480
Off-campus title-IV students$11,007

To project your own net price, use California Miramar University’s official net price calculator: www.calmu.edu/net-price-calculator/.

What Students Owe at California Miramar University

The middle student in the debt distribution at California Miramar University owes $12,664 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$12,664
Median federal debt (graduates only)$31,000
Typical 10-year monthly payment (graduates)$328.65/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at California Miramar University.

PercentileCumulative Federal Debt
25th percentile$2,750
75th percentile$5,500

How Debt Outcomes Vary by Student Group at California Miramar University

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$13,825

Calculated Debt-Outcome Indicators

The figure below distills the debt data into a single burden category for California Miramar University.

Federal Stafford Lending at California Miramar University

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at California Miramar University:

MetricValue
Stafford loan recipients272
Total Stafford loan amount$5,378,119

Veteran and Military Aid at California Miramar University

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients21
Total GI Bill amount$116,587
Average GI Bill amount per recipient$5,552

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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