2,872 students (42% of total 6,822 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Monterey Peninsula College. The average amount of the aid awarded is $3,896.

For the first-time, full-time beginning students (freshmen), 79% of total 407 enrolled students have received any kind of financial aid and its average amount of aid received is $4,594.

All Undergraduate Financial Aid

At Monterey Peninsula College, 2,872 undergraduate students (42% of total 6,822 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $3,896.

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 Scholarship2,87242% $11,189,605$3,896
Pell Grants1,21618% $4,337,746$3,567
Federal Student Loan501% $347,943$6,959

Beginning Undergraduate Students (Freshmen) Financial Aid

322 beginning undergraduate students (79% of total 407 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 $4,594.

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 Aid32279% --
Grants or Scholarships32079%$1,470,201$4,594
Federal Grants19047%$940,076$4,948
Pell Grants14536%$643,204$4,436
Other Federal Grants16541%$296,872$1,799
State/Local Grants30675%$470,375$1,537
Institutional Grants379%$59,750$1,615
Student Loan Aid41%$29,696$7,424
Federal Student Loans41%$29,696$7,424
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 2021-2022 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 level145145$956,372$6,596
0-30,0006363$481,544$7,644
30,001-48,0004141$275,669$6,724
48,001-75,0003030$162,766$5,426
75,001-110,00099$33,682$3,742
110,001 or more22$2,711$1,356

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