by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from CSM.
College of San Mateo average financial aid offer for freshmen students is $5,306.00. 52% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from College of San Mateo you may end up taking on.
In addition to scholarships, 26% of first years (198 total) were awarded federal grant aid, averaging $5,555.00 each.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
26% of first years at College of San Mateo (198 total) obtained a federal grant, averaging $5,555.00.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.56% | $8,869.00 |
| Income 30k-48k | 6.00% | $8,544.00 |
| Income 48k-75k | 5.61% | $6,336.00 |
| Income 75k-110k | 0.39% | $4,583.00 |
| Income 110k + | 0.26% | $479.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
52% of the 767 undergraduates at College of San Mateo receive some sort of grant aid. This is a total of about 401 students getting an average of $5,306.00 per person.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.