Types of Financial Aid
One of the most affordable public universities in the state, Cal State Monterey Bay becomes even more accessible thanks to generous federal, state, and institutional financial aid programs.
64% of Cal State Monterey Bay undergraduate students receive enough financial aid to cover full tuition.
A college education is one of the most important investments you can make in yourself. We also know that figuring out how to pay for school can feel overwhelming. At Cal State Monterey Bay, we’re here to guide you and your family along every step in the process.
This includes walking you through the many financial aid programs available that can help put a CSUMB education within reach.
Types of Financial Aid at CSUMB
Grants
Grants are need-based financial aid awards that don’t need to be repaid. These include the Federal Pell Grant, California State Grant, and the State University Grant.
/0x2:8192x5463/prod01/channel_2/media/csumb/phase-1b-site-launch/20240222_chhs_field_practice_bda_009.jpg)
Scholarships
CSUMB awards more than $14 million in scholarships annually. Like grants, these awards do not need to be repaid. Scholarships include need- and merit-based awards, including options for specific areas of study. Our office also keeps an updated list of external scholarships.
Student Loans
Federal student loans can help cover the cost of tuition. They are available in a variety of amounts and terms. Our team is committed to helping you and your family understand borrowing requirements and how to responsibly manage loans.
Student Employment
The Federal Work-Study program provides student employment opportunities on campus or with local organizations. Typically, students may work up to 20 hours per week, and income earned can be used toward educational and living expenses.
Graduate Assistantships
Students pursuing master’s degrees at Cal State Monterey Bay may be eligible for funding opportunities, including teaching associate and research assistant positions.
Western Undergraduate Exchange (WUE)
Admitted students from eligible states and territories in the American West and Pacific Islands may qualify for an out-of-state tuition discount.
Funding for School. Training for the Future.
Read the Full StoryStudent employment through the Federal Work-Study program not only helps cover college expenses. It also builds transferable career skills.
/filters:quality(75)/420x0:1500x1080/prod01/channel_2/media/csumb/phase-1b-site-launch/Molly-Leach----Student-workers.jpg)
"I wanted to have an on-campus job when I came to college. I really wanted to support myself and have something to do in my spare time."
“Campus jobs demonstrate to potential employers that you have gained practical work experience while balancing academic responsibilities.”
/170x0:7256x4952/prod01/channel_2/media/csumb/phase-1b-site-launch/20240427_atd_bda_025-1.jpg)
Questions About Financial Aid?
Our knowledgeable team is here to answer questions about our financial aid programs, how to file the FAFSA, and other related topics. Contact us or set up a one-on-one meeting today.
Request Info