What You Should Know About California State University - Monterey Bay Financial Aid
The amount of financial aid, grants, scholarshipsvary person to person. Make use of the information below to better know how much tuition assistance you'll obtain from California State University - Monterey Bay according to income and merit.
What Percentage of Undergrads Get Financial Aid?
California State University - Monterey Bay's typical financial aid offer for new first year students is $13,024. About 76.0% of first year students get some financial aid, the majority of which is in the form of scholarships and grants.
Financial aid helps reduce the cost, or the full retail price of the institution. However, know that the only real college discount are scholarships & grants.
A college loan is not a genuine college discount, but rather an additional cost consideration. See how much student loan debt from California State University - Monterey Bay you may end up taking on.
Amount of California State University - Monterey Bay Scholarships & Grants
The following numbers apply to grants and scholarships mainly supplied by the college itself.
46.0% of incoming freshmen (595 total) were offered scholarships at California State University - Monterey Bay, averaging $5,602 per person. This ranks in the middle 20th percentile of all schools in the country.In addition to scholarships, 50.0% of first year students (645 total) got a federal grant, averaging $5,016 per person.
How are grants and scholarships allocated to freshman at California State University - Monterey Bay? View the graph below.
Grants are usually based on need while scholarships are based on merit or ability.
How Income Level Affects Aid
The chart below demonstrates grant and scholarship distributions by income for freshman students receiving any sort of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||11.0%||$547|
Financial assistance from the government through loans, grants, and work study is known as Title IV aid. Get more info on Title IV here..
$6,960 is the Typical Sum an Undergraduate Gets in Scholarships or Grants
69.0% of the 6,231 undergraduate students at California State University - Monterey Bay qualify for some sort of grant aid. This is a total of approximately 4,279 students benefiting from about $6,960 each.
California State University - Monterey Bay Financial Aid Info
|Financial Aid Department Website||csumb.edu/financialaid|
|Net Price Calculator||www.csumentor.edu/finaid/pais/|