$5,257

Avg. Federal Grant

$4,662

Avg. Federal Loan

$239,328,980

Total Aid Awarded

California State University, Northridge Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$239.329M

Financial Aid Official Website

https://www.csun.edu/financialaid/

It is interesting to note that, every year, around 86% of students at CSUN receive some kind of financial aid, while the total amount of assistance/loans provided is $62,424,508. One can visit CSUN's financial aid page at https://www.csun.edu/financialaid/ for more information. Notably, a total of 62% of the applicants to California State University-Northridge receive the Federal Grant every year. On the other hand, 82% of the candidates get the Student Grant, 59% receive the Institution Grant, and 62% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,384, the State Grant receivers and Institution Grant beneficiaries get $2,395 and $5,907, respectively. And, for the Pell Grant awardees, the average aid amount is $4,859. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CSUN, an estimated number of 27% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

76%

Institution Grant Aid

60%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$5,257

State Grant Aid

$2,261

Institution Grant Aid

$5,816

Pell Grant

$5,136

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,103

$30,001 - $48,000

$11,927

$48,001 - $75,000

$7,824

$75,001 - $110,000

$3,578

Over $110,000

$978

Student Loans for California State University, Northridge

Average Loan Amount Average Loan Amount received per year.

$5,008/Year

Students Taking Out Loans

32%

Loan Default Rate

3.7%

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