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.
What financial aid options does Cal Poly Pomona offer, and what will you qualify for? Keep scrolling for answers.
California State Polytechnic University - Pomona average financial aid offer for freshmen students is $7,788.00. About 78% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at California State Polytechnic University - Pomona.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers below apply to scholarships and grants primarily provided by California State Polytechnic University - Pomona.
34% of new students (1234 total) were offered scholarships at California State Polytechnic University - Pomona, averaging $4,975.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 47% of first-year students (1721 total) got federal grant aid, averaging $5,068.00 per person.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.34% | $12,016.00 |
| Income 30k-48k | 12.35% | $9,373.00 |
| Income 48k-75k | 11.34% | $6,407.00 |
| Income 75k-110k | 5.46% | $4,199.00 |
| Income 110k + | 5.57% | $1,160.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
78% of the 3643 undergraduates at California State Polytechnic University - Pomona receive some sort of grant aid. This is a total of about 2573 students getting an average of $7,788.00 per person.
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.