For the academic year 2022-2023, total 322 full-time, first-time students (79% 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 2,872 students (42% of all students) received grants or scholarships and the average grant amount is $3,896. In addition, 50 students received student loans and the average loan amount is $6,959.
Below tables show the number and amount by source of financial aid at Monterey Peninsula College.
For all undergraduate students, total 2,872 students (42% of all students) received grants or scholarships and the average grant amount is $3,896. In addition, 50 students received student loans and the average loan amount is $6,959.
Below tables show the number and amount by source of financial aid at Monterey Peninsula College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,872 | 42% | $3,896 |
| Pell Grants | 1,216 | 18% | $3,567 |
| Federal Student Loans | 50 | 1% | $6,959 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 322 | 79% | - |
| Grants or Scholarship from All Sources | 320 | 79% | $4,594 |
| Federal Grants | 190 | 47% | $4,948 |
| Pell Grants | 145 | 36% | $4,436 |
| Other Federal Grants | 165 | 41% | $1,799 |
| State/Local Grants | 306 | 75% | $1,537 |
| Institutional Grants | 37 | 9% | $1,615 |
| Student Loans | 4 | 1% | $7,424 |
| Federal Student Loans | 4 | 1% | $7,424 |
| Other Student Loans | 0 | 0% | $0 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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