The cost of in-state tuition at California State University-Monterey Bay rose by 1.5% for the 2022-23 academic year, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
California residents paid $7,323 to attend the public four-year university this year, which is $105 higher than the $7,218 charged during the 2021-22 academic year.
Non-resident students faced tuition fees that were 162.2% higher than those for residents in 2022-23, amounting to $19,203. This represents a 0.5% increase from $19,098 in the previous year.
Approximately 96% of the undergraduate student body at the university are California residents, while about 2% come from other U.S. states and another 2% are international students.
Data indicates that 79% of full-time undergraduates who enrolled in 2022-23 at California State University-Monterey Bay received some form of financial aid. A total of 647 students were awarded grants or scholarships totaling $6.8 million, and 314 students borrowed over $1.7 million in student loans.
Across all undergraduate students, 4,353 received grants or scholarships amounting to $45.5 million. Additionally, 1,965 students obtained $9.7 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the California State University-Monterey Bay in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 392 | 44% | $2.4 million | $6,076 |
| State / local grant or scholarship | 575 | 65% | $2 million | $3,462 |
| Institutional grants or scholarships | 431 | 48% | $2.4 million | $5,588 |
| Grant or scholarship aid total | 647 | 73% | $6.8 million | $10,480 |
| Federal student loans | 302 | 34% | $1.1 million | $3,716 |
| Other student loans | 33 | 4% | $572,431 | $17,346 |
| Student loan aid | 314 | 35% | $1.7 million | $5,397 |
| Total student aid | 701 | 79% | $8.5 million | $12,090 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
