Scholarships, Grants, and Loan Trends at CSUMB

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,386, which is 67.44 % of all undergraduate students. 2,636 students which is 40.67% of undergraduate students received federal student loans and the average loan amount is $5,092.
For full-time, first-time beginning students (freshmen), 72.89% of students received grants or scholarships and 46% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at California State University-Monterey Bay since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,386, which is 67.44 % of all undergraduate students. 2,636 students which is 40.67% of undergraduate students received federal student loans and the average loan amount is $5,092.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,131 (59%)$7,9722,587 (49%)$4,4482,531 (48%)$4,998
2014-154,279 (69%)$6,9603,012 (48%)$4,4982,890 (46%)$5,120
2015-164,433 (67%)$8,0273,198 (48%)$4,5073,048 (46%)$5,061
2016-174,668 (69%)$8,2823,338 (49%)$4,4993,028 (45%)$5,199
2017-184,681 (69%)$8,6263,373 (50%)$4,5722,838 (42%)$5,212
2018-194,621 (69%)$8,6923,269 (49%)$4,6132,698 (40%)$5,143
2019-204,687 (69%)$8,7253,159 (47%)$4,6332,675 (39%)$5,115
2020-214,460 (69%)$8,8802,948 (45%)$4,7441,843 (28%)$4,910
2021-224,513 (67%)$8,5462,962 (44%)$4,7662,172 (32%)$5,069
Average4,386 (67.44%)$8,3013,094 (47.67%)$4,5872,636 (40.67%)$5,092

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 696 (72.89 % of students) received grants or scholarships and its average amount is $9,136. It can cover 47.30% of tuition & fees ($19,317) based on out-of-state rate.
In addition, 444 (45.89 % of students) students get helped from the students loans (average amount : $4,708).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14551 (64%)$10,461446 (52%)$4,595
2014-15980 (76%)$8,355731 (56%)$4,669
2015-16773 (74%)$8,623543 (52%)$4,532
2016-17645 (81%)$9,397407 (51%)$4,541
2017-18718 (78%)$8,983458 (50%)$4,658
2018-19730 (74%)$9,429442 (45%)$4,983
2019-20770 (74%)$9,179469 (45%)$5,070
2020-21593 (69%)$9,097214 (25%)$4,114
2021-22506 (66%)$8,702283 (37%)$5,210
Average696 (72.89%)$9,136444 (45.89%)$4,708
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 458 (48.11 % of students) received Pell (federal) grants and its average amount is $4,868.
In addition, 512 students received State/local government grants/scholarships (53.33 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14453 (53%)$4,769216 (25%)$429365 (42%)$2,690442 (51%)$5,721
2014-15642 (50%)$4,716333 (26%)$623759 (59%)$2,134595 (46%)$5,602
2015-16512 (49%)$4,787300 (29%)$782578 (55%)$2,454477 (45%)$5,370
2016-17452 (57%)$4,691264 (33%)$920461 (58%)$2,548451 (56%)$5,595
2017-18445 (48%)$4,851276 (30%)$864535 (58%)$2,575462 (50%)$5,789
2018-19472 (48%)$4,867278 (28%)$1,059601 (61%)$2,736464 (47%)$5,705
2019-20483 (47%)$4,975282 (27%)$1,090551 (53%)$2,813524 (51%)$5,358
2020-21370 (43%)$4,945218 (25%)$759424 (50%)$2,770397 (46%)$5,603
2021-22292 (38%)$5,208264 (34%)$938334 (44%)$2,648300 (39%)$5,835
Average458 (48.11%)$4,868270 (28.56%)$829512 (53.33%)$2,596457 (47.89%)$5,620
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 444 (45.89 % of students) get any students loan help and its average loan amount is $444.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14446 (52%)$4,595440 (51%)$4,12122 (3%)$10,732
2014-15731 (56%)$4,669716 (55%)$4,06841 (3%)$12,212
2015-16543 (52%)$4,532536 (51%)$3,85037 (4%)$10,738
2016-17407 (51%)$4,541400 (50%)$3,96326 (3%)$10,112
2017-18458 (50%)$4,658443 (48%)$3,97332 (3%)$11,671
2018-19442 (45%)$4,983426 (43%)$3,81545 (5%)$12,829
2019-20469 (45%)$5,070458 (44%)$3,92343 (4%)$13,511
2020-21214 (25%)$4,114211 (25%)$3,37914 (2%)$11,953
2021-22283 (37%)$5,210270 (35%)$3,74829 (4%)$15,947
Average444 (45.89%)$4,708433 (44.67%)$3,87132 (3.44%)$12,189
Most Searched California Colleges (last 30 days)
Related Articles and Ads