Scholarships, Grants, and Loan Trends at UCSB

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 13,607, which is 62.33 % of all undergraduate students. 6,862 students which is 31.78% of undergraduate students received federal student loans and the average loan amount is $5,600.
For full-time, first-time beginning students (freshmen), 57.44% of students received grants or scholarships and 34% 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 University of California-Santa Barbara since 2013.
For that period, the average number of students who received grants aid/scholarships is 13,607, which is 62.33 % of all undergraduate students. 6,862 students which is 31.78% of undergraduate students received federal student loans and the average loan amount is $5,600.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1411,684 (60%)$16,9587,370 (38%)$4,5398,191 (42%)$5,912
2014-1513,277 (66%)$16,4597,702 (38%)$4,6348,146 (40%)$5,760
2015-1612,994 (63%)$17,3567,939 (39%)$4,6607,997 (39%)$5,787
2016-1713,370 (62%)$17,3947,846 (36%)$4,6507,809 (36%)$5,777
2017-1813,861 (62%)$18,4278,224 (37%)$4,7587,659 (35%)$5,794
2018-1914,323 (62%)$18,5618,242 (36%)$4,8617,250 (31%)$5,417
2019-2014,691 (63%)$18,5907,748 (33%)$4,9266,544 (28%)$5,426
2020-2114,275 (62%)$18,3417,423 (32%)$5,5733,897 (17%)$5,394
2021-2213,985 (61%)$19,6546,959 (30%)$5,5154,263 (18%)$5,136
Average13,607 (62.33%)$17,9717,717 (35.44%)$4,9026,862 (31.78%)$5,600

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

For the last 10 years, on average, 2,748 (57.44 % of students) received grants or scholarships and its average amount is $19,632. It can cover 42.92% of tuition & fees ($45,742) based on out-of-state rate.
In addition, 1,590 (33.56 % of students) students get helped from the students loans (average amount : $6,251).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,640 (57%)$19,4551,970 (43%)$6,193
2014-153,140 (66%)$19,1222,018 (43%)$5,691
2015-162,841 (64%)$20,7741,810 (41%)$5,195
2016-172,843 (57%)$19,5581,828 (37%)$6,053
2017-182,505 (55%)$19,6781,688 (37%)$6,168
2018-192,908 (57%)$20,2531,813 (36%)$6,118
2019-202,708 (55%)$19,3501,473 (30%)$6,363
2020-212,562 (53%)$18,107581 (12%)$7,024
2021-222,586 (53%)$20,3891,128 (23%)$7,453
Average2,748 (57.44%)$19,6321,590 (33.56%)$6,251
*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, 1,556 (32.67 % of students) received Pell (federal) grants and its average amount is $5,056.
In addition, 1,982 students received State/local government grants/scholarships (41.56 % 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
2013-141,640 (36%)$4,7085 (0%)$1,7881,785 (39%)$11,8362,617 (57%)$8,600
2014-151,810 (38%)$4,73935 (1%)$1,8862,314 (49%)$10,2722,852 (60%)$9,688
2015-161,732 (39%)$4,7976 (0%)$2,3872,079 (47%)$11,1772,654 (60%)$10,346
2016-171,656 (33%)$4,798283 (6%)$1,4702,143 (43%)$11,0422,565 (52%)$9,193
2017-181,443 (32%)$4,918411 (9%)$1,5321,860 (41%)$11,4562,279 (50%)$8,889
2018-191,677 (33%)$5,09740 (1%)$4,1182,184 (43%)$11,4382,634 (52%)$9,569
2019-201,422 (29%)$5,0902,322 (47%)$1,3871,893 (38%)$11,2292,284 (46%)$9,056
2020-211,338 (28%)$5,7242,199 (46%)$1,2741,877 (39%)$10,8132,034 (42%)$7,687
2021-221,282 (26%)$5,6302,326 (48%)$2,1311,707 (35%)$11,0532,133 (44%)$10,165
Average1,556 (32.67%)$5,056847 (22.57%)$1,9971,982 (41.56%)$11,1462,450 (51.44%)$9,244
*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, 1,590 (33.56 % of students) get any students loan help and its average loan amount is $1,590.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,970 (43%)$6,1931,942 (42%)$5,49981 (2%)$18,796
2014-152,018 (43%)$5,6911,958 (41%)$5,187110 (2%)$12,072
2015-161,810 (41%)$5,1951,775 (40%)$5,14146 (1%)$6,044
2016-171,828 (37%)$6,0531,767 (36%)$5,378120 (2%)$13,018
2017-181,688 (37%)$6,1681,629 (36%)$5,498112 (2%)$12,993
2018-191,813 (36%)$6,1181,717 (34%)$4,624650 (13%)$4,848
2019-201,473 (30%)$6,3631,407 (29%)$4,603429 (9%)$6,752
2020-21581 (12%)$7,024543 (11%)$4,576148 (3%)$10,788
2021-221,128 (23%)$7,4531,062 (22%)$4,417613 (13%)$6,063
Average1,590 (33.56%)$6,2511,533 (32.33%)$4,991257 (5.22%)$10,153
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