California State University, Long Beach (CSULB) Financial Aid and Scholarships
Students Receiving Aid
71%
Total Aid Amount
$191.217M
Financial Aid Official Website
www.csulb.edu/depts/enrollment/financial_aid/types_aid.html
As many as 81% of the students at CSULB get some sort of financial aid, and the total amount of assistance/loans provided is more than $58,282,386 in a year. One can visit CSULB's financial aid page at http://www.csulb.edu/depts/enrollment/financial_aid/types_aid.html for more information. Notably, a total of 51% of the applicants to California State University-Long Beach receive the Federal Grant every year. Meanwhile, 75% of the applicants receive the Student Grant and 45% are awarded the Institution Grant, while 51% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,087, and the same stands at $2,629 for State Grant awardees and $5,765 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,679. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 31% of the applicants to California State University-Long Beach opt for student loans.
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