[Last update: December 11, 2025]

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.

All Undergraduate Financial Aid

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.

Financial Aid Statistics (All Undergraduate Students) - Monterey Peninsula
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3,21644% $12,227,371$3,802
Pell Grants1,38719% $5,864,539$4,228
Federal Student Loan851% $597,559$7,030

Beginning Undergraduate Students (Freshmen) Financial Aid

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.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Monterey Peninsula
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid45985% --
Grants or Scholarships45685%$2,320,327$5,088
Federal Grants24445%$1,347,281$5,522
Pell Grants24345%$1,287,122$5,297
Other Federal Grants10119%$60,159$596
State/Local Grants45083%$896,352$1,992
Institutional Grants6813%$76,694$1,128
Student Loan Aid81%$49,986$6,248
Federal Student Loans81%$49,986$6,248
Other Student Loans----

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level210210$1,783,982$8,495
0-30,000104104$1,014,173$9,752
30,001-48,0005858$491,475$8,474
48,001-75,0003535$237,015$6,772
75,001-110,0001010$32,426$3,243
110,001 or more33$8,893$2,964

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