$5,165

Avg. Federal Grant

$4,766

Avg. Federal Loan

$92,361,320

Total Aid Awarded

California State University, Chico (CSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$92.361M

Financial Aid Official Website

www.csuchico.edu/fa/

Notably, 76% of the students at California State University-Chico get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $41,593,615. For additional information about financial assistance schemes, one can head over to CSUC’s financial aid page at http://www.csuchico.edu/fa/. The total percentage of candidates applying to California State University-Chico who receive the Federal Grant is 44%. Meanwhile, 67% of the applicants receive the Student Grant and 39% are awarded the Institution Grant, while 43% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,133, and the same stands at $2,652 for State Grant awardees and $5,601 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,811. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At CSUC, an estimated number of 46% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

61%

Institution Grant Aid

40%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$5,165

State Grant Aid

$2,529

Institution Grant Aid

$5,686

Pell Grant

$4,989

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants, with institutional grants having the highest contribution of 40% with an average aid amount being $5686.

Pell grants have a percentage of 44% with an average aid amount of $4989 which is higher than the State grant aid average of $2529.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,541

$30,001 - $48,000

$12,228

$48,001 - $75,000

$8,088

$75,001 - $110,000

$4,123

Over $110,000

$713

As shown in the table lower the family income higher is the amount of aid one can expect to receive. Those students who have a family income under $30,000 can expect to receive an aid amount of $13541 while those with family income over $110,000 can expect to receive an aid amount of $713. This helps students who are coming from low-income homes to pay for their degree.

Student Loans for California State University, Chico (CSU)

Average Loan Amount Average Loan Amount received per year.

$5,436/Year

Students Taking Out Loans

47%

Loan Default Rate

5.1%