$5,111

Avg. Federal Grant

$4,886

Avg. Federal Loan

$66,891,985

Total Aid Awarded

California State University-Bakersfield (CSUB) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$66.892M

Financial Aid Official Website

www.csub.edu/FinAid/

Notably, 90% of the students at California State University-Bakersfield get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $18,616,180. Notably, a total of 68% of the applicants to California State University-Bakersfield receive the Federal Grant every year. On the other hand, 89% of the candidates get the Student Grant, 69% receive the Institution Grant, and 68% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,364, the State Grant receivers and Institution Grant beneficiaries get $2,486 and $5,697, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,844. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 24% of the applicants to California State University-Bakersfield opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

69%

State Grant Aid

75%

Institution Grant Aid

73%

Pell Grant

69%

Average Aid Awarded

Federal Grant Aid

$5,111

State Grant Aid

$2,399

Institution Grant Aid

$5,820

Pell Grant

$5,056

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,852

$30,001 - $48,000

$12,408

$48,001 - $75,000

$9,109

$75,001 - $110,000

$4,924

Over $110,000

$1,938

Student Loans for California State University-Bakersfield (CSUB)

Average Loan Amount Average Loan Amount received per year.

$5,254/Year

Students Taking Out Loans

25%

Loan Default Rate

6.7%

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