Welcome Newly Admitted Students!
Congratulations on your admission to Cal Poly Pomona! We know you may have many questions about financing your educational expenses. Our staff is dedicated to partnering with you in planning how best to finance your education, and we look forward to working with you. We encourage you to explore some important information regarding financial aid at Cal Poly Pomona on the website pages below.
Financial Aid information for Fall 2020 admits will be sent via email the week of April 10th. This will allow you ample time to review your awards prior to Cal Poly Pomona’s June 1st Enrollment Deposit deadline.
As a new Cal Poly Pomona student, you have a variety of things you need to know prior to starting classes! We encourage you to explore some important information regarding financial aid at Cal Poly Pomona below and on the rest of our site.
When considering the cost of college, it’s important to look at the value of the education you will get. Cal Poly Pomona consistently ranks as one of the top 100 best values in public colleges, according to Kiplinger’s Personal Finance magazine. A CPP education has consistently been recognized as one of the “Best College Values” in the nation. There are many factors to weigh when choosing a college – with cost being one of the many considerations.
Many things can influence the costs of attending college. At Cal Poly Pomona, students are given a Cost of Attendance, which reflects the estimated expenses for the fall and spring semesters. This information is based on the academic program of the student and their housing plans as indicated on their financial aid application.
The cost of college can include a variety of items, including some you might not expect. By understanding college costs, you can explore options for how to lower your costs. You should work with your family to develop a budget to better understand the impact of college costs. This process can ensure you are financially prepared for the investment that is a college degree.
Review the Costs of Attendance Information under the Aid By Career section of our website.
Your eligibility for financial aid can be determined after we receive the results of your FAFSA or CA DREAM Application and after you have been admitted to Cal Poly Pomona.
A Preliminary Aid Package is provided to all newly admitted students. These preliminary aid packages are for informational and planning purposes only; the awards cannot be accepted as they do not reflect an official, or finalized, aid package. You will be notified by email when you have a package to review. Financial Aid Packages can be viewed on MyCPP / Bronco Direct.
Your financial aid package is designed to help make your Cal Poly Pomona education more affordable, and will be based on Federal, California State, and Cal Poly Pomona institutional guidelines. We consider your eligibility for grants, loans, and part-time employment. Detailed information on each type of aid or item that might be offered can be found under the Aid By Career section of our website.
Students admitted for the Fall semester will begin receiving finalized aid package notifications by mid-May; students admitted for the Spring semester will begin receiving their financial aid package notifications in mid-November. Your finalized aid package may be different than your preliminary package - based on a final review of eligibility, the receipt of outside aid such as scholarships and veteran’s education benefits, or due to funding changes at the federal & state level.
Be sure to respond to any document requests we make in order to finalize your award offer. If you do not respond by the specified deadline, you may lose your opportunity to receive certain funds. Additionally, your aid may not be available when fees are due.
After viewing your financial aid package, be sure to review your College Financing Plan on BroncoDirect. The College Financing Plan provides you with a personalized overview of your projected costs and financial aid package at Cal Poly Pomona. You can print the College Financing Plan and use it as a tool in evaluating your resources and planning how to meet your college expenses.
If you are receiving additional funding from other sources, such as scholarships from non-Cal Poly Pomona sources, we are required by the Federal and California State Student Aid Regulations to consider these resources when determining your aid. If all sources of funding do not show on your aid package offer, you must notify our office in writing of the amount and source of the scholarship or funding source.
Your financial aid application (FAFSA or CA Dream Application) is based on income and resources from a prior tax year. We realize that students and families may have extraordinary circumstances and that financial situations can change – and that these changes may not be reflected on your aid application.
These changes to income or resources could significantly impact your ability to meet your educational costs. We are here to assist you and can guide you through the process of submitting an Income Appeal to have your situation (and possibly financial aid) re-evaluated.
In order to have a Special Circumstance Appeal reviewed, you must be admitted. You can find appeal forms available on our Forms page starting mid-May.
While your estimated cost of attendance may be intimidating at first look, the average student at Cal Poly Pomona often pays considerably less than the published amounts. There are numerous forms of financial aid that can offset costs and make college more affordable. Consider applying for Cal Poly Pomona scholarships or scholarships from an external organization. You can find more information on how to apply for scholarships on our Scholarships page.
Federal work-study and federal loans are considered to be “Self-Help” aid, and can be used to help cover your net costs. Additionally, you may choose to use savings or other family resources to cover any remaining gap. Federal Work-Study is a federal program that helps student earn financial funding through part-time work at the university. Earnings are not automatically credited to your student account; instead a paycheck is issued and can be used for personal expenses, books and supplies.
If your scholarships, grants, income and savings won’t cover all of your costs, you may want to consider taking out a loan. Students who attempt to juggle full-time work and full-time studies may have difficulty completing their academic programs. Not working, or working a moderate amount, and using your student loan can help you keep your focus on your studies and education goals. Loans will help pay for your tuition bill right away. The Federal Direct Loans offered to you come with low interest rates and favorable repayment options. Review more information about loans on the Aid By Career section of our website. If you think you need less money than what was offered, you can always accept a lesser amount.
Other Payment Options
In addition to financial aid, there are several other options available for making payments towards your tuition and fees. Cal Poly Pomona offers a payment plan for those who would like to spread their fees over multiple payments, and there are also a limited number of short-term loans to assist students with registration fees or purchasing books. Contact Student Accounting & Cashiering Services for more information.
Student financial aid is not the only question students may have about money while in college. Financial literacy covers many things: budgeting, use of credit cards, insurance, tips on money management, and much more. Cal Poly Pomona is excited to announce that we have partnered with iGrad to provide a comprehensive online financial literacy tool, available to all Cal Poly Pomona students, faculty, and staff.
iGrad begins with asking you to create a profile. Once your profile is created, you will have access to a personalized dashboard containing resources that will enable you to improve your money management, career, and student loan knowledge and skills. With recommended video tips, quick financial lessons, budgeting tools and more, you will be well equipped to ensure your successful financial well-being in college and beyond.
Getting Started with iGrad is Easy...
If you have a Bronco ID, to begin using iGrad you can:
Log into iGrad using Single Sign-on
- Enter your BroncoName & Password
- Next, click ‘Login’
- Once you log in, you’ll be prompted to take the Financial Wellness Checkup. Your responses will help in creating your personalized content.
Don’t have a Bronco ID? Visit cpp.igrad.com and sign up for a free account using your email address. Once you log in to your account, you’ll be prompted to take the Financial Wellness Checkup. Your responses will help in creating your personalized content.
Log on to iGrad now!
Applying for Financial Aid
For more in depth information regarding the financial aid process for DREAM Act students at Cal Poly Pomona, please visit our DREAM Act webpage. The summary to be considered for California State and Cal Poly Pomona Financial Aid, is below:
- Complete the California Dream Application. To be considered for priority financial aid please make sure you file the application by March 2 (i.e., for the 2020 – 2021 year, the priority deadline was March 2, 2020).
- Complete the Cal Grant GPA Verification (must be received by CSAC no later than March 2)
- Once admitted to Cal Poly Pomona, complete and submit the online California Non-Resident Tuition Exemption Request (AB540) to Admissions in order to begin a review of your eligibility under AB 540.
- Students who received their Social Security Number through Deferred Action for Childhood Arrival (DACA); should complete a CA Dream Application to be considered for financial aid.
If you missed the DREAM Application Deadline, your financial aid options will be limited (as most CA State and Cal Poly Pomona aid programs require filing by the Priority Filing deadline). You may wish to still complete the DREAM Application, as some scholarships, including the DREAM.US scholarship, require you to complete the DREAM application to be considered.