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About CAL Poly Pomona Tuition
California State Polytechnic University Pomona tuition is $5,742 per year for in-state residents. This is 22% cheaper than the national average public four year tuition of $7,357. The cost is 77% cheaper than the average California tuition of $24,481 for 4 year colleges.
Tuition ranks 6th in California amongst 4 year colleges for affordability and is the 139th most expensive 4 year college in the state. If attending from out-of-state, the tuition is $17,622 which represents a 207% premium.
The school charges an additional fees of $1,654 in addition to tuition bringing the total effective in-state tuition to $7,396.
Housing Costs
On campus room and board is provided by the school at a cost of $16,742 per academic year. Students electing to live off campus elsewhere in Pomona should budget at least this amount.
Books and Supplies
The estimated annual cost for books and supplies is $1,800.
Other Living Expenses
If living on-campus, students should budget for $2,604 in additional living expenses. Off-campus students should budget for $3,004 in other miscellaneous living expenses.
Total Costs
The total tuition and living expense budget for in-state California residents to go to California State Polytechnic University-Pomona is $28,542 for the 2019/2020 academic year. Out-of-state students who don’t have California residence can expect a one year cost of $40,422.
Citation: Price data from the U.S. Department of Education’s 2020 IPEDS survey response for California State Polytechnic University Pomona and represent reported costs for the 2019-2020 academic year.
Will you get in?
Find out which students are getting accepted at California State Polytechnic University-Pomona, which are not, and how your GPA, SAT, or ACT scores compare.
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WHAT IT REALLY COSTS
Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $28,542 published price if scholarship or grant aid is made available to you.
Net Price
The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported California State Polytechnic University-Pomona net price for in-state students is $12,843* for the 2018/2019 academic year. This net price includes housing and meal expenses.
Pell Grants and other Grant Aid
70% of California State Polytechnic University Pomona students received grant aid in 2018/2019. The average total aid amount was $8,870. 45 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2018/2019 was $4,989. To apply for a Pell Grant to attend California State Polytechnic University Pomona, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).
Financial Aid Summary
Average Annual Net Price $12,843*
Percent of Students Receiving Grant Aid 70%
Average Total Grant Aid $8,870
Percent of Students Receiving Pell Grants 45%
Average Amount of Pell Grant Aid $4,989
Average Net Price for In-State Students by Family Income
The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2018/2019 academic year.
Family Income Avg. Net Price
$0 to $30,000 $8,596
$30,001 to $48,000 $9,630
$48,001 to $75,000 $14,012
$75,001 to $110,000 $17,944
$110,000+ $20,896
Average Financial Aid Mix – $28,542 In-State Total Cost
CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $28,542. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.
34%
19%
46%
Grants and Scholarships
34% – $8,870
Money granted to you by the U.S. Department of Education, California State Polytechnic University Pomona or other organizations. These are not loans and do not need to be repaid.
Federal Loans
19% – $5,044
Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.
Out of Pocket
46% – $12,024
Covered by family savings, work or private student loans which you will have to repay.
*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education’s Academic Year 2018/2019 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school’s net price calculator for further understanding of your potential net price.
Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.
Is it Worth the Cost?
To make a comparative assessment if California State Polytechnic University-Pomona is worth the price, measures of it’s relative value for tuition dollar can be examined. We’ve calculated an academic national percentile rating of 54/100 for California State Polytechnic University Pomona. Considering an average net price paid of $6,789, this leads to an overall value ranking of 52/100. This places the school 490th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.
Tuition Comparison to Similar Public Colleges in the Region
School Cost vs. California State Polytechnic University Pomona
California State University Long Beach 0% less expensive
University of Nevada Las Vegas 29.8% more expensive
University of California Merced 99.3% more expensive
San Jose State University 0% less expensive
University of Nevada Reno 21.7% more expensive
Cost of a Degree
When considering ability to pay for college, the annual cost is often discussed but it’s the “all in” multi-year degree cost which matters in the end. Let’s take a look at what it could really cost for four years at California State Polytechnic University Pomona.
Estimated 4 Year Cost at Published Tuition
At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor’s degree at California State Polytechnic University-Pomona is $114,168 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you’re in school. It also assumes you receive no grant or scholarship aid and pay the full list price.
A potentially more accurate but less conservative estimate of a degree cost can be made by using the school’s annual $6,789 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $27,156**
If you end up on the “five year plan” and need an additional year to graduate, your five year cost could be as high as $142,710 or $33,945 using an average net price.
**Based on a 4 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education’s 2018/2019 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school’s net price calculator for further understanding of your potential net price.
OTHER COSTS
STUDENT LOANS AND DEBT
The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 32% of California State Polytechnic University Pomona students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,044.
Example Loan Payments and Costs
How much are student loan payments for California State Polytechnic University Pomona? Obviously this varies based on a number of factors – offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We’ve modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.
The following are the costs for a loan if you borrowed $27,156, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $31,091.78. This could be your effective total out of pocket cost of an education at California State Polytechnic University Pomona.
Note that this calculation assumes you don’t pay full list price tuition, are part of the reported 70% of students at this school who receive financial aid and you are paying an average annual net price of $6,789. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our California State Polytechnic University Pomona student loan calculator below to change loan assumptions and recalculate.
Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.
Example Payments
Monthly Loan Payment $259.10
Amount Borrowed $27,156.00
Interest Rate 2.75%
Term 10 years
Number of Monthly Payments 120
Total Interest Cost $3,935.78
Sum of All Payments over 10 years $31,091.78
Affording Student Loan Payments and Post Graduation Salary
Cal Poly Pomona is an above-average public university located in Pomona, California in the Los Angeles Area. It is a large institution with an enrollment of 21,824 undergraduate students. Admissions is fairly competitive as the Cal Poly Pomona acceptance rate is 55%. Popular majors include Business, Hospitality and Tourism Management, and Liberal Arts and Humanities. Graduating 69% of students, Cal Poly Pomona alumni go on to earn a starting salary of $39,900.
Can I afford to attend California State Polytechnic University-Pomona? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider.
In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you’re considering attending California State Polytechnic University Pomona, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.
Using the 10% of salary threshold, an annual income of $31,091.78 would be needed to afford a $259.10 monthly payment in the example $27,156.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.
ESTIMATED FUTURE COST AND EXPECTED TUITION INCREASE
What will it cost to send your child to California State Polytechnic University Pomona in the future? In the past four years, this school’s published in-state tuition and fee total rose from $5,472 to $5,742. This amounts to an average annual price increase of 1%.
Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc’s estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 4 year cost of $114,168.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for California State Polytechnic University Pomona.
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