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What is the average financial aid amount at California State University Monterey Bay?

For the academic year 2022-2023, total 589 full-time, first-time students (77% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 4,513 students (67% of all students) received grants or scholarships and the average grant amount is $8,546. In addition, 2,172 students received student loans and the average loan amount is $5,069.

Below tables show the number and amount by source of financial aid at California State University-Monterey Bay.
All Undergraduate Student Financial Aid at California State University-Monterey Bay
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid4,51367%$8,546
Pell Grants2,96244%$4,766
Federal Student Loans2,17232%$5,069
Beginning Students (Freshmen) Financial Aid at California State University-Monterey Bay
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid58977%-
Grants or Scholarship from All Sources50666%$8,702
Federal Grants29639%$5,974
Pell Grants29238%$5,208
Other Federal Grants26434%$938
State/Local Grants33444%$2,648
Institutional Grants30039%$5,835
Student Loans28337%$5,210
Federal Student Loans27035%$3,748
Other Student Loans294%$15,947

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