univstats

Monterey Peninsula Financial Aid

Number Received Financial Aid (All Undergraduate) 2,872
Percent Received Financial Aid(All Undergraduate) 42%
Average Aid Amount $3,896
Number Received Financial Aid (Freshmen) 322
Percent Received Financial Aid (Freshmen) 79%

Financial Aid Information at Monterey Peninsula

For the academic year 2021-2022, a total of 2,872 students (42% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $3,896. For freshmen (Full-time, first-time degree-seeking undergraduate students), 322 students (79% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Monterey Peninsula College is $1,188 for California residents and $9,924 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 2,872 students (42% of all students) have received grants or scholarships and the average received aid amount is $3,896. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Monterey Peninsula College for all undergraduate students.
Undergraduate Student Financial Aid at Monterey Peninsula College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,87242%$3,896
Pell Grants1,21618%$3,567
Federal Student Loans501%$6,959

Beginning Students Financial Aid

a total of 322 beginning students (79% of all freshmen) have received any financial aid and 321 students (79% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Monterey Peninsula College.
Beginning Students (Freshmen) Financial Aid at Monterey Peninsula College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid32279%-
Grants or Scholarship from All Sources32079%$4,594
Federal Grants19047%$4,948
Pell Grants14536%$4,436
Other Federal Grants16541%$1,799
State/Local Grants30675%$1,537
Institutional Grants379%$1,615
Student Loans41%$7,424
Federal Student Loans41%$7,424
Other Student Loans00%$0

Students Headcount by Living Status

For academic year 2021-2022, total 310 full-time beginning students have enrolled and attended Monterey Peninsula College. Among them, 0 students have lived on campus and 91 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Monterey Peninsula College
Living Status201920202021
Living On-Campus000
Living Off-Campus with Family249230208
Living Off-Campus without Family19313791

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Monterey Peninsula College
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