$4,879

Avg. Federal Grant

$4,989

Avg. Federal Loan

$39,779,614

Total Aid Awarded

Sonoma State University (SSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$39.780M

Financial Aid Official Website

www.sonoma.edu/finaid/

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. It is interesting to note that, every year, around 71% of students at SSU receive some kind of financial aid, while the total amount of assistance/loans provided is $19,270,975. One can visit SSU's financial aid page at http://www.sonoma.edu/finaid/ for more information. Notably, a total of 35% of the applicants to Sonoma State University receive the Federal Grant every year. Meanwhile, 63% of the applicants receive the Student Grant and 38% are awarded the Institution Grant, while 35% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,843, and the same stands at $2,431 for State Grant awardees and $5,506 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,552. 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. 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 SSU, an estimated number of 41% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

53%

Institution Grant Aid

39%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,879

State Grant Aid

$2,530

Institution Grant Aid

$5,504

Pell Grant

$4,716

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,366

$30,001 - $48,000

$11,966

$48,001 - $75,000

$7,318

$75,001 - $110,000

$4,174

Over $110,000

$752

Student Loans for Sonoma State University (SSU)

Average Loan Amount Average Loan Amount received per year.

$5,574/Year

Students Taking Out Loans

44%

Loan Default Rate

3.5%

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