by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
What amount of Cerritos College financial assistance will actually be available to you?Get answers to your questions here.
Cerritos College average financial aid offer for freshmen students is $5,375.00. About 90% of first year students receive financial aid, most of which is in the form of loans.
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 Cerritos College.
As well as scholarships, 63% of freshmen (1418 total) received a federal grant, for about $4,876.00 a person.
The stats and the chart following pertain to primarily grants from federal sources, plus some local and state grants.
63% of first-year students at Cerritos College (1418 total) obtained a federal grant, averaging $4,876.00.
Amount of Financial Assistance Per Income Level
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 | 34.96% | $7,976.00 |
| Income 30k-48k | 15.04% | $7,216.00 |
| Income 48k-75k | 10.80% | $4,725.00 |
| Income 75k-110k | 1.59% | $2,834.00 |
| Income 110k + | 0.09% | $1,768.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
2047 Cerritos College undergrads obtain grant aid (this is about 90% of the entire undergraduate student population). The average amount these students receive is $5,375.00.The majority of which come in the form of Pell Grants.
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.