4,513 students (67% of total 6,692 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 $8,546.

For the first-time, full-time beginning students (freshmen), 77% of total 767 enrolled students have received any kind of financial aid and its average amount of aid received is $8,702.


All Undergraduate Financial Aid

At California State University-Monterey Bay, 4,513 undergraduate students (67% of total 6,692 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,546.

Financial Aid Statistics (All Undergraduate Students) - CSUMB
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship4,51367% $38,567,569$8,546
Pell Grants2,96244% $14,116,445$4,766
Federal Student Loan2,17232% $11,010,481$5,069

Beginning Undergraduate Students (Freshmen) Financial Aid

589 beginning undergraduate students (77% of total 767 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 $8,702.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - CSUMB
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid58977% --
Grants or Scholarships50666%$4,403,202$8,702
Federal Grants29639%$1,768,427$5,974
Pell Grants29238%$1,520,717$5,208
Other Federal Grants26434%$247,710$938
State/Local Grants33444%$884,340$2,648
Institutional Grants30039%$1,750,435$5,835
Student Loan Aid28337%$1,474,367$5,210
Federal Student Loans27035%$1,011,906$3,748
Other Student Loans294%$462,461$15,947

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 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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level450391$3,956,411$8,792
0-30,000134134$1,809,775$13,506
30,001-48,0007373$969,159$13,276
48,001-75,0008079$774,209$9,678
75,001-110,0005350$270,134$5,097
110,001 or more11055$133,134$1,210

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