Financial Aid ~ Financial Need
You must have financial need to qualify for most forms of financial aid at CSUMB. Need is defined as the cost of education at CSUMB minus expected family contribution. The Unsubsidized Stafford and parent loans are the only exceptions.
The cost of attending CSUMB for 2008-2009 are listed below. These costs are based on average student expenses for the nine-month academic year.
Living with Parents | Living on Campus | Living off Campus | |
Fees* | $3,000 | $3,000 | $3,000 |
Books/Supplies | $1,386 | $1,386 | $1,386 |
Room/Board | $3,474 | $9,152 | $10,710 |
Misc./Personal | $2,718 | $2,520 | $2,592 |
Transportation | $1,242 | $1,152 | $1,206 |
Total | $11,820 | $17,210 | $18,894 |
*Students who are not California residents pay an additional $339 per credit in tuition charges (up to a maximum of $10,170). Credential student fees are $3,350. Postbaccalaureate student fees are $3,530. All fees are subject to change and approval by the state legislature. All fees are subject to change and approval by the state legislature. There is a proposal to increase state fees up to 10 percent for 2008-2009 at all California State Universities.
The cost of education can be increased to reflect the cost of purchasing a computer. This is a one time only allowance.
The cost of education may be adjusted to reflect expenses for approved programs for studying abroad. Check with the Financial Aid Office before enrolling.
Summer Session and Winter Session enrollment periods have separate registration costs. Your costs of education may be adjusted if you choose to enroll for these sessions.
If your award offer includes a student loan, the costs of education may be adjusted to reflect the average expense of origination fees charged under the program guidelines.
You must notify the Campus Service Center in writing if your living arrangements change since the completion of your FAFSA. Changes to your living arrangements may cause changes in your costs of education.
Note: If you indicate that you will be living on campus, your housing contract will be verified each semester prior to releasing financial aid. Thus, you must inform the Campus Service Center of your accurate housing status.
If you have additional costs (e.g. childcare or medical expenses not covered by insurance) and feel you need an adjustment in your award to reflect these expenses, you should contact the Campus Service Center.
Your student/parent contribution is based on a family contribution formula mandated by federal and state regulations. The income and asset information provided on your FAFSA and verified in the review process is used in this computation. If you feel that you have unusual circumstances that affect your family's ability to contribute, you should contact the Campus Service Center.