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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $6,587 |
| Institutional grants & scholarships | 71% | $1,280 |
| Federal Pell grants | 86% | $6,273 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $6,134 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $5,464 |
| Federal Pell grants | 48% | $5,377 |
| Federal student loans | 48% | $6,371 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,587.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average 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.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average 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/.
The middle student in the debt distribution at California Miramar University owes $12,664 of federal borrowing.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,750 |
| 75th percentile | $5,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,825 |
The figure below distills the debt data into a single burden category for 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 272 |
| Total Stafford loan amount | $5,378,119 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 21 |
| Total GI Bill amount | $116,587 |
| Average GI Bill amount per recipient | $5,552 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.