What Amount of Financial Aid is Available?
$8,161 is the standard College of San Mateo's freshman financial aid plan. About 56.0% of new students get some money for college, most of which is in the form of scholarships and grants.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren't a true college discount.
Student debt really should be thought of as an "outcome" and not "aid". Read more about student loan debt at College of San Mateo.
How Much Aid Is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)
The stats and the chart below reference predominantly grants from federal sources, and some local and state grants. 21.0% of freshman students at College of San Mateo (180 total) got a federal grant, averaging $5,469. In addition to grants, 41.0% of freshman students (361 total) got scholarships by the college, totaling $945 each.
How are scholarships and grants distributed to freshmen at College of San Mateo? See the chart below.
Grants are usually based on need while scholarships are based on merit or ability.
How Financial Need Affects Aid
The chart below demonstrates scholarship and grant distributions by income level for first year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 10.8% | $9,709 |
Income 30k-48k | 5.0% | $8,932 |
Income 48k-75k | 3.4% | $5,154 |
Income 75k-110k | 0.6% | $3,843 |
Income 110k + | 0.2% | $2,757 |
Financial aid from the government in the form of loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
$2,245 is the Standard Amount an Undergrad Receives in Scholarships or Grants
Of the 8,924 undergraduate students at College of San Mateo around 36.0% (3,248 in total) receive some form of grant aid. The typical amount granted was $2,245.
Go to the Tuition and Fees page or the Cost Per Credit Hour page for more information.
Financial Aid Links from College of San Mateo
Financial Aid Department Website | www.collegeofsanmateo.edu/finaid/ |
Net Price Calculator | https://misweb.cccco.edu/npc/372/npcalc.htm |
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