$4,621

Avg. Federal Grant

$5,551

Avg. Federal Loan

$14,289,868

Total Aid Awarded

Cuesta College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$14.290M

Financial Aid Official Website

https://www.cuesta.edu/student/studentservices/finaid/index.html

Notably, 78% of the students at Cuesta College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,712,316. One can visit CC's financial aid page at https://www.cuesta.edu/student/studentservices/finaid/index.html for more information. At CC, the total percentage of applicants who receive the Federal Grant stands at 27%. Meanwhile, 76% of the applicants receive the Student Grant and 42% are awarded the Institution Grant, while 27% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,716, while the same comes to $1,685 for State Grant receivers and $284 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,465. 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 CC, an estimated number of 4% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

59%

Institution Grant Aid

47%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,621

State Grant Aid

$2,075

Institution Grant Aid

$523

Pell Grant

$4,585

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,956

$30,001 - $48,000

$7,650

$48,001 - $75,000

$4,112

$75,001 - $110,000

$2,101

Over $110,000

N/A

Student Loans for Cuesta College

Average Loan Amount Average Loan Amount received per year.

$5,551/Year

Students Taking Out Loans

5%

Loan Default Rate

6.5%

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