by our College Data Analytics TeamMany students attending California State University - Channel Islands can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What amount of CSUCI financial assistance will actually be available to you?Get answers to your questions here.
California State University - Channel Islands average financial aid offer for freshmen students is $9,601.00. About 81% of first year students receive financial aid, most of which is in the form of 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.
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 - Channel Islands 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 numbers below apply to scholarships and grants primarily provided by California State University - Channel Islands.
50% of incoming freshmen (436 total) were awarded scholarships at California State University - Channel Islands, averaging $5,441.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 54% of freshmen (474 total) received a federal grant, for about $5,285.00 a 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 | 27.41% | $13,139.00 |
| Income 30k-48k | 15.60% | $12,025.00 |
| Income 48k-75k | 10.55% | $8,999.00 |
| Income 75k-110k | 4.36% | $4,023.00 |
| Income 110k + | 3.56% | $1,034.00 |
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.
660 CSUCI undergrads obtain grant aid (this is about 81% of the entire undergraduate student population). The average amount these students receive is $9,601.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
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