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What are the typical ranges of awarded amounts given to students interested in going to college?

It is not uncommon for different types of grants, work-study programs, loans, and scholarships to be combined to create financial aid packages for students in need. Although each individual college funding program is managed differently, they are all typically limited to a maximum amount of money that can be awarded per student, per year. The amount and type of financial aid that your child may receive can depend on the following items:

  • Financial need
  • Choice of school (University of California, California State University, Independent Colleges, Community College, or Vocational School)
  • Grade Point Average (GPA)
  • Year in school (Freshman, Sophomore, Junior, or Senior)
  • Status as a full- or part-time student
  • Amount of other financial assistance you will receive
  • Amount of money available from the college

The following chart provides you with a summary of the individual financial aid programs, plus the associated award ranges or maximum amounts that are given out yearly:

Aid Type

College Funding Programs

Yearly Award Ranges and Award Maximums for Award Year 2000-2001

Grants

Federal Pell Grant

$400-$3,750

Federal Supplemental Educational Opportunity Grant

$100-$4,000

Cal Grant A Entitlement and Competitive Awards

  • Nothing paid at Community Colleges
  • $1,428 (California State University)
  • $3,429 (University of California)
  • $9,708 (Independent Colleges)

  • Cal Grant B Entitlement and Competitive Awards

    Tuition:

  • Nothing paid freshman year
  • Nothing paid at Community Colleges
  • $1,428 (California State University)
  • $3,429 (University of California)
  • $9,708 (Independent Colleges)

    Living Allowance (Access):

  • $1,551 paid all four years at all schools including Community Colleges

  • Cal Grant C (for vocational coursework)

  • $2,592 paid at any California school except Community Colleges

    Books and Supplies:

  • Up to $576 at all schools including Community Colleges

  • Work Study

    Federal Work Study

    Contact the Financial Aid Office

    State Work Study

    Contact the Financial Aid Office

    Loans

    Federal Stafford Loans

  • $2,625 (First-year student)
  • $3,500 (Completed first year)
  • $5,500 (Completed two years)

  • Federal Perkins Loan

    $4,000

    Scholarships

     

    Varies




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