by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What financial aid options does CSUB offer, and what will you qualify for? Keep scrolling for answers.
$10,613.00 is the typical California State University - Bakersfield’s first year financial aid package. 91% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from California State University - Bakersfield you could end up dealing with.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
65% of new students (1000 total) were offered scholarships at California State University - Bakersfield, averaging $5,764.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 67% of first years (1039 total) were awarded federal grant aid, averaging $5,422.00 each.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 32.75% | $13,423.00 |
| Income 30k-48k | 20.06% | $12,615.00 |
| Income 48k-75k | 13.46% | $9,559.00 |
| Income 75k-110k | 5.05% | $5,220.00 |
| Income 110k + | 3.24% | $1,360.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
91% of the 1545 undergraduates at California State University - Bakersfield receive some sort of grant aid. This is a total of about 1363 students getting an average of $10,613.00 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.