3,216 students (44% of total 7,351 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Monterey Peninsula College (Monterey Peninsula). The average amount of the aid awarded is $3,802.
For the first-time, full-time beginning students (freshmen), 85% of total 539 enrolled students have received any kind of financial aid and its average amount of aid received is $5,088.
At Monterey Peninsula College, 3,216 undergraduate students (44% of total 7,351 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $3,802.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 3,216 | 44% | $12,227,371 | $3,802 |
| Pell Grants | 1,387 | 19% | $5,864,539 | $4,228 |
| Federal Student Loan | 85 | 1% | $597,559 | $7,030 |
459 beginning undergraduate students (85% of total 539 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Monterey Peninsula College. The average amount of aid received is $5,088.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 459 | 85% | - | - |
| Grants or Scholarships | 456 | 85% | $2,320,327 | $5,088 |
| Federal Grants | 244 | 45% | $1,347,281 | $5,522 |
| Pell Grants | 243 | 45% | $1,287,122 | $5,297 |
| Other Federal Grants | 101 | 19% | $60,159 | $596 |
| State/Local Grants | 450 | 83% | $896,352 | $1,992 |
| Institutional Grants | 68 | 13% | $76,694 | $1,128 |
| Student Loan Aid | 8 | 1% | $49,986 | $6,248 |
| Federal Student Loans | 8 | 1% | $49,986 | $6,248 |
| Other Student Loans | - | - | - | - |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Monterey Peninsula College.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 210 | 210 | $1,783,982 | $8,495 |
| 0-30,000 | 104 | 104 | $1,014,173 | $9,752 |
| 30,001-48,000 | 58 | 58 | $491,475 | $8,474 |
| 48,001-75,000 | 35 | 35 | $237,015 | $6,772 |
| 75,001-110,000 | 10 | 10 | $32,426 | $3,243 |
| 110,001 or more | 3 | 3 | $8,893 | $2,964 |
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