by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Curious about the financial aid opportunities at California College of the Arts and what you may be eligible for? Explore the answers here.
California College of the Arts average financial aid offer for freshmen students is $25,775.00. A significant 77% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at California College of the Arts.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers apply to scholarships and grants largely offered by the school itself.
77% of incoming freshmen (192 total) were given scholarships at California College of the Arts, averaging $23,545.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 23% of freshman students (56 total) obtained federal grant aid, averaging $5,529.00 a piece.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.50% | $39,426.00 |
| Income 30k-48k | 5.65% | $44,717.00 |
| Income 48k-75k | 4.44% | $37,482.00 |
| Income 75k-110k | 6.45% | $33,462.00 |
| Income 110k + | 8.47% | $25,552.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 248 undergraduate students at California College of the Arts around 77% (192 total) receive some form of grant aid. The typical amount awarded was $25,775.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.