In 2021, tuition for full-time students at California Polytechnic State University, San Luis Obispo was $10,194 a year for in-state students and $11,880 a year for out-of-state students.
On average, colleges raise tuition about 3% each year.
If this information makes going to college seem daunting, remember, the "sticker price" of tuition doesn't give you all the info you need to know how much you will actually have to pay for college. Many students pay way less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college until you're done with college.
California Polytechnic State University, San Luis Obispo is a public, state institution, so it offers a reduced tuition rate of $10,194 for students who qualify as state residents and attend full-time.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency..
Choosing a college where you qualify for the reduced tuition offered to state residentscan save students a lot of money on the cost of tuition, as well as loans and interest owed. Take the time to check your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently reside in.
Cal Poly SLO has the same tuition for international students as for those from out of state.
International students are not eligible for loans or grants from the U.S. government, but may qualify for private or school-specific aid and scholarships.
Tuition is not the only cost of attending college;there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Cal Poly SLO.
Housing and campus dining at Cal Poly SLO costs $15,745 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining halls.
Meal-plan costs may vary depending on how many meals are included in the plan you choose.
The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs. Full-time undergrads at Cal Poly SLO pay $6,030 in fees every year they are enrolled.
Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer resources for students with financial need to find ways to lower or eliminate these costs.
The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school?. Is on-campus parking free, or will you need to budget for parking? Is the campus walkable? Do you own a car, or will you need to use public transportation? All of these questions can drastically impact your estimated cost of transportation. At Cal Poly SLO, freshman are allowed to park on campus.
A school's location can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area could be pricey, but cities may offer more trains, busses or low-cost flight options to actually get to school. California Polytechnic State University, San Luis Obispois located in a suburban setting in California.
When you're planning for college, be sure to take into account the cost of things like entertainment, clothes, furnishings and toiletries.
Now, let’s go over all of the costs we've covered, to get a better idea of the actual cost of attending Cal Poly SLO.
|2021 Total Tuition and Expenses|
|Room and Board||$15,745|
|Total Estimated Costs|
Tuition and fees may vary depending on program, course level, location, and more.
Cal Poly SLO’s tuition and fees change based on: Academic program for both full and part-time students Course load for both full and part-time students
In 2021, 9,136 of the 21,447 undergrads enrolled received financial aid. Cal Poly SLO meets 49% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $10,344 a year. Around 39% of Cal Poly SLO undergrads take out student loans to cover any remaining costs. Cal Poly SLO graduates who have student loans graduate with an average of $22,933 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Cal Poly SLO-Specific Loans||$11,542|
|Most Common Loans for Cal Poly SLO Students|
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Cal Poly SLO financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2021, Cal Poly SLO awarded 8,667 need-based scholarships to students, giving away total of $73 million to help students with financial need cover the cost of school. An additional $6.72 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Cal Poly SLO students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Cal Poly SLO was $10,344 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Cal Poly SLO seem more manageable.
|Estimated Net Cost for Full-Time Students|
|Net In-state, Off-campus||$15,577|
What will attending Cal Poly SLO really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Cal Poly SLO's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Cal Poly SLO does not have guaranteed tuition.
A Prepaid Tuition Plan is not available for Cal Poly SLO students.
Cal Poly SLO offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Cal Poly SLO has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
Choose one of the options below to find out more about about Cal Poly SLO:
Connect with other students, parents, and admissions professionals to learn more about about Cal Poly SLO in the College Confidential forums