$5,340

Avg. Federal Grant

$5,498

Avg. Federal Loan

$255,413,658

Total Aid Awarded

University of California-Santa Barbara Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$255.414M

Financial Aid Official Website

www.finaid.ucsb.edu/

As many as 63% of the students at UCSB get some sort of financial aid, and the total amount of assistance/loans provided is more than $39,275,997 in a year. One can visit UCSB's financial aid page at http://www.finaid.ucsb.edu/ for more information. The total percentage of candidates applying to University of California-Santa Barbara who receive the Federal Grant is 33%. In comparison, 57% of the students are awarded the Student Grant, 52% get the Institution Grant, and 33% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,180, while the same comes to $11,438 for State Grant receivers and $9,569 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,861. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $24,950 in a year. The average aid amount stands at $23,604 for an annual family income between $30,001 and $48,000. This amount comes to $20,045 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $12,993. And, for those with a family income of more than $110,000, the amount stands at $3,776. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 University of California-Santa Barbara, the percentage of candidates who opt to avail of student loans is around 36%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

41%

Institution Grant Aid

50%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$5,340

State Grant Aid

$11,456

Institution Grant Aid

$8,889

Pell Grant

$4,918

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$25,254

$30,001 - $48,000

$24,227

$48,001 - $75,000

$21,003

$75,001 - $110,000

$14,891

Over $110,000

$4,551

Student Loans for University of California-Santa Barbara

Average Loan Amount Average Loan Amount received per year.

$6,168/Year

Students Taking Out Loans

37%

Loan Default Rate

2.3%

Other Colleges In California

There is a private university in Claremont, CA called Pomona College. The university covers an area of 140 acres. The foundation of Pomona College was laid down in the year 1887. Pomona College is recognised by its official colors, blue and gold. Taking into account all the courses offered at Po

Claremont, California 4 years Private Not-For-Profit

The University of San Diego is accredited by WASC Senior College and University Commission (WSCUC) and has a Carnegie class

San Diego, California 4 years Private Not-For-Profit

The CBU Online was designed for the working professionals which provides the facility to learn at their own pace and time The university also provides hybrid programs that give the students the opportunity to blend online and face-to-face learning.

CBU offers market-driven degree pro

Riverside, California 4 years Private Not-For-Profit

Other Colleges In Santa Barbara

#N/A

Santa Barbara, California 4 years Private Not-For-Profit

#N/A

Santa Barbara, California 4 years Private Not-For-Profit


Online Education at SBCC

SBCC online courses offer an excellent opportunity for students to pursue their educational goals at a convenient time and location. The college is focused on providing students with interactive programs that work best for a busy lifestyle or working cla

Santa Barbara, California 2 years Public

Other Public Colleges


Online Education at SOSU

The 100% online programs offered by the university allows a variety of opportunities so students can earn a degree that fits their life

Durant, Oklahoma 4 years Public


Online Education at CSUEB

The online programs of the university are available 24/7 so that students can access their courses at any time of the day or week. The online classes are similar to traditional classes. The classes also have weekly due dates, ongoing assignmen

Hayward, California 4 years Public

There is a public university in Minot, North Dakota called Minot State University. Minot State University is home to an ethnically diverse student body. At MSU around 69% are white, 10% are Non-resident alien, and 8% belong to Hispanic ethnicity. Further, around 76% of the students are 24 and under.

Minot, North Dakota 4 years Public