Five Facts About CSU Financial Aid
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Five Facts About CSU Financial Aid



Five Facts About CSU Financial Aid

by Elizabeth Chapin

The California State University’s low tuition and robust financial aid programs make a CSU education one of the nation’s best bargains. In fact, significant state and institutional grant aid allows more than half of CSU undergraduates to graduate debt-free.

The CSU’s financial aid programs have ensured continued and growing enrollment of a diverse student body from low and middle income backgrounds. More than half of CSU undergraduates receive Federal Pell Grants, which provide need-based aid to low-income undergraduates.

The images below show how financial aid supports student success and provide details about the CSU’s financial aid policies. For more information, visit CSU financial aid.

In 2014-15, more than $4 billion in financial aid was distributed to over 365,000 students, 80 percent of the CSU’s total student population.

In 2014-15, three out of four of the CSU’s undergraduate financial aid recipients had their tuition fees fully covered. In general, undergraduates who qualify for financial aid will not have to pay the university’s systemwide tuition fees if their family’s total income is less than $70,000.

CSU students receive more than half of their financial aid in the form of grants, scholarships and waivers, which do not require repayment. Eliminating the need for students to take out loans enables more CSU students to graduate debt-free.

More than half of CSU students who earn bachelor’s degrees graduate without any loan debt, compared to the statewide average of 45 percent and the national average of 31 percent.

The average loan debt of CSU bachelor’s graduates is $14,388 - nearly one-third less than the statewide average and half the national average.