$4,953

Avg. Federal Grant

$4,982

Avg. Federal Loan

$140,307,102

Total Aid Awarded

California State Polytechnic University (Cal-Poly) Pomona Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$140.307M

Financial Aid Official Website

www.cpp.edu/financial-aid/

Notably, 78% of the students at California State Polytechnic University-Pomona get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $51,750,041. One can visit CSPUP's financial aid page at http://www.cpp.edu/financial-aid/ for more information. At CSPUP, the total percentage of applicants who receive the Federal Grant stands at 45%. On the other hand, 70% of the candidates get the Student Grant, 40% receive the Institution Grant, and 45% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,068, the State Grant receivers and Institution Grant beneficiaries get $2,662 and $5,612, respectively. And, for the Pell Grant awardees, the average aid amount is $4,958. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At California State Polytechnic University-Pomona, the percentage of candidates who opt to avail of student loans is around 33%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

65%

Institution Grant Aid

35%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,953

State Grant Aid

$2,620

Institution Grant Aid

$5,249

Pell Grant

$4,870

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,792

$30,001 - $48,000

$10,677

$48,001 - $75,000

$7,599

$75,001 - $110,000

$4,114

Over $110,000

$903

Student Loans for California State Polytechnic University (Cal-Poly) Pomona

Average Loan Amount Average Loan Amount received per year.

$6,046/Year

Students Taking Out Loans

32%

Loan Default Rate

2.9%

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