4,105 students (69% of total 5,909 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at California State University-Monterey Bay (CSUMB). The average amount of the aid awarded is $11,887.
For the first-time, full-time beginning students (freshmen), 76% of total 929 enrolled students have received any kind of financial aid and its average amount of aid received is $12,185.
At California State University-Monterey Bay, 4,105 undergraduate students (69% of total 5,909 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $11,887.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 4,105 | 69% | $48,798,021 | $11,887 |
| Pell Grants | 2,551 | 43% | $13,662,086 | $5,356 |
| Federal Student Loan | 1,683 | 28% | $8,464,973 | $5,030 |
710 beginning undergraduate students (76% of total 929 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at California State University-Monterey Bay. The average amount of aid received is $12,185.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 710 | 76% | - | - |
| Grants or Scholarships | 655 | 71% | $7,981,339 | $12,185 |
| Federal Grants | 406 | 44% | $2,644,818 | $6,514 |
| Pell Grants | 401 | 43% | $2,354,528 | $5,872 |
| Other Federal Grants | 233 | 25% | $290,290 | $1,246 |
| State/Local Grants | 571 | 61% | $2,654,993 | $4,650 |
| Institutional Grants | 448 | 48% | $2,681,528 | $5,986 |
| Student Loan Aid | 312 | 34% | $1,701,152 | $5,452 |
| Federal Student Loans | 297 | 32% | $1,125,282 | $3,789 |
| Other Student Loans | 35 | 4% | $575,870 | $16,453 |
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 California State University-Monterey Bay.
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 | 521 | 486 | $6,007,216 | $11,530 |
| 0-30,000 | 140 | 140 | $2,290,835 | $16,363 |
| 30,001-48,000 | 112 | 112 | $1,627,381 | $14,530 |
| 48,001-75,000 | 104 | 102 | $1,263,449 | $12,149 |
| 75,001-110,000 | 77 | 74 | $636,935 | $8,272 |
| 110,001 or more | 88 | 58 | $188,616 | $2,143 |
Share your experiences and thoughts about California State University-Monterey Bay. It will be a great help to applicants and prospective students!