$4,855

Avg. Federal Grant

$5,215

Avg. Federal Loan

$150,405,100

Total Aid Awarded

San Jose State University (SJSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$150.405M

Financial Aid Official Website

www.sjsu.edu/faso/

Students can avail of scholarships provided by the university, such as ASTA Northern California Chapter - Richard Epping Scholarship, AWA Scholarship Awards, CCNMA Scholarship, and Cal Grant A, if they find educational expenses to be on the higher side. As many as 73% of the students at SJSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $45,067,619 in a year. The total percentage of candidates applying to San Jose State University who receive the Federal Grant is 41%. Meanwhile, 68% of the applicants receive the Student Grant and 41% are awarded the Institution Grant, while 41% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,118, the State Grant receivers and Institution Grant beneficiaries get $2,749 and $6,403, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,595. 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. 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. Every year, around 34% of the applicants to San Jose State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

60%

Institution Grant Aid

41%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,855

State Grant Aid

$2,584

Institution Grant Aid

$6,526

Pell Grant

$4,813

San Jose State University offers various types of financial aid. We exhibit a detailed structure of financial aid by distributing the data into percentages and average financial aid. We made it easy for students to understand what is the best available financial assistance in university.

  • 62% of student receive any kind of aid, whereas total aid awarded was $150,405,100

  • Approximately 43% of the students were able to get federal aid with an average of $4,855.

 

  • 43% of the students also get the Pell Grant, which amounts to an average of $4,813.

  • Approximately, 60% of students receive the state grant with an average of $2,584.

  • 41% of students at the UNLV receive institutional grants, which are valued at an average of $6,526.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,481

$30,001 - $48,000

$12,058

$48,001 - $75,000

$7,824

$75,001 - $110,000

$3,889

Over $110,000

$969

The breakdown is done as federal aids rely upon the income of the student or their family. It is isolated into 5 distinctive family pay types to help decide the normal measure of federal aid you may get. Contingent upon the level of pay a family’s income falls under, the financial aid provided to the student may either pay more or less than the general normal expenses. You should have a fair amount of idea on how much aid you can expect to get depending on the income bracket you fall under.

  • The average financial assistance provided to students who have a family income of under $30,000 is around $13,481.

  • The students who have a family income in a range between $30,001 to $48,000 they are provided  the average financial aid of $12,058

  • The average financial aid of $7,284 is offered to students who have an income range of $48,001 to $75,000.

 

  • The students and families who have an annual income that falls between $75,001 to $110,000 receive an average federal aid of $3,889

  • Students whose family income is $110,000 or above receive an average of $969.

 

Student Loans for San Jose State University (SJSU)

Average Loan Amount Average Loan Amount received per year.

$5,810/Year

Students Taking Out Loans

38%

Loan Default Rate

3.5%