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.
Interested in understanding the financial aid resources available at Cal Maritime and your eligibility? Find the answers you seek below.
$7,392.00 is the typical California State University Maritime Academy’s first year financial aid package. Financial aid is provided to about 67% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
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 State University Maritime Academy.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by California State University Maritime Academy.
35% of new students (67 total) were given scholarships at California State University Maritime Academy, averaging $4,565.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 21% of first-year students (39 total) got a federal grant, for about $4,848.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 8.42% | $14,675.00 |
| Income 30k-48k | 5.79% | $10,101.00 |
| Income 48k-75k | 8.95% | $9,264.00 |
| Income 75k-110k | 5.79% | $4,480.00 |
| Income 110k + | 10.00% | $1,595.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 190 undergraduate students at California State University Maritime Academy around 67% (93 total) receive some form of grant aid. The typical amount awarded was $7,392.00.
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.