by our College Data Analytics TeamMany students attending California State University - Chico 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.
Discover the financial aid possibilities at Chico State and learn what assistance you might qualify for by continuing to read.
$8,907.00 is the typical California State University - Chico’s first year financial aid package. A significant 74% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
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 University - Chico.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
40% of first-year students (1027 total) were offered scholarships at California State University - Chico, averaging $5,750.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 42% of first-year students (1059 total) got a federal grant, for about $5,230.00 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 | 19.69% | $13,319.00 |
| Income 30k-48k | 11.30% | $12,033.00 |
| Income 48k-75k | 10.56% | $8,335.00 |
| Income 75k-110k | 6.93% | $4,365.00 |
| Income 110k + | 4.77% | $853.00 |
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.
1643 Chico State undergrads obtain grant aid (this is about 74% of the entire undergraduate student population). The average amount these students receive is $8,907.00.
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.