by our College Data Analytics TeamMost students are not billed 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 price tag of going to CET, Salinas can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial assistance options will CET, Salinas offer, and what will you qualify for? Read on for more information. Keep reading to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from CET, Salinas.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at CET, Salinas, 89% of first-year full-time students received aid of some kind roughly 106 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $15,877 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 54% | $6,024 |
| State/local grants | 6% | $8,486 |
| Federal student loans | 10% | $6,122 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At CET, Salinas, some 58% of the undergraduate population received grant aid that averaged $15,719 (across roughly 179 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $15,719 |
| Federal Pell grants | 41% | $6,219 |
| Federal student loans | 9% | $6,684 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $17,385.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,197 |
| $30,001 – $75,000 | $6,291 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,924 |
| Off-campus title-IV students | $6,804 |
To project your own net price, use CET, Salinas’s online cost calculator: cetweb.edu/tuition.
A typical borrower at CET, Salinas leaves with $6,729 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,729 |
| Median federal debt (graduates only) | $7,041 |
| Typical 10-year monthly payment (graduates) | $74.65/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at CET, Salinas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,140 |
| 25th percentile | $4,767 |
| 75th percentile | $8,042 |
| 90th percentile (highest-debt students) | $9,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,777 |
| Middle income | $6,650 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,729 |
| Continuing-generation students | $6,246 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,582 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. CET, Salinas.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at CET, Salinas:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18120 |
| Total Stafford loan amount | $106,917,736 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.