by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to College of San Mateo can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will CSM deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from College of San Mateo.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at College of San Mateo, 80% of first-time, full-time freshmen received some form of financial aid approximately 554 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,386 |
| Institutional grants & scholarships | 77% | $1,146 |
| Federal Pell grants | 27% | $6,152 |
| State/local grants | 45% | $2,109 |
| Federal student loans | 0% | — |
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 this school, roughly 58% of undergraduate students received gift aid averaging $2,349 (for some 5347 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 58% | $2,349 |
| Federal Pell grants | 11% | $5,103 |
| Federal student loans | 1% | $6,494 |
On-campus students receiving title-IV aid were awarded grants averaging $10,301.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $328 |
| $30,001 – $75,000 | $2,155 |
| Over $75,000 | $6,932 |
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 | $536 |
| Off-campus title-IV students | $1,504 |
To project your own net price, use CSM’s official net price calculator: misweb.cccco.edu/npc/372/npcalc.htm.
The median federal debt load at CSM comes to $6,875 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,875 |
| Median federal debt (graduates only) | $14,695 |
| Typical 10-year monthly payment (graduates) | $155.79/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 four reference points below map the debt distribution at CSM.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $9,625 |
| 90th percentile (highest-debt students) | $14,475 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,407 |
| Middle income | $4,875 |
| High income | $6,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,125 |
| Continuing-generation students | $6,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,375 |
A handful of calculated indicators summarize the debt outlook at CSM.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at CSM:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1145 |
| Total Stafford loan amount | $8,769,910 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.