Financial Aid Official Website
https://www.caluniversity.edu/types-of-federal-financial-aid-federal-direct-loan-program/
A significant number of students at CIU receive some kind of financial aid, and the total amount of assistance/loans provided is more than $168,922 in a year. On the other hand, the average aid received by the Pell Grant awardees is $1,816. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.