California State University-San Marcos (CSUSM) Financial Aid and Scholarships
Students Receiving Aid
62%
Total Aid Amount
$78.063M
Financial Aid Official Website
www.csusm.edu/finaid/
As many as 81% of the students at CSUSM get some sort of financial aid, and the total amount of assistance/loans provided is more than $31,086,966 in a year. For additional information about financial assistance schemes, one can head over to CSUSM’s financial aid page at http://www.csusm.edu/finaid/. At CSUSM, the total percentage of applicants who receive the Federal Grant stands at 50%. In comparison, 70% of the students are awarded the Student Grant, 43% get the Institution Grant, and 49% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,095, and the same stands at $2,427 for State Grant awardees and $5,477 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,570. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At California State University-San Marcos, the percentage of candidates who opt to avail of student loans is around 36%.
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