N/A

Avg. Federal Grant

N/A

Avg. Federal Loan

$2,335,949

Total Aid Awarded

Charter Oak State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$2.336M

Financial Aid Official Website

https://www.charteroak.edu/current/sfa/contact-financial-aid.php

It is interesting to note that almost every student at COSC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,432,266. One can visit COSC's financial aid page at https://www.charteroak.edu/current/sfa/contact-financial-aid.php for more information. The total percentage of candidates applying to Charter Oak State College who receive the Federal Grant is 100%. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,553. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At COSC, an estimated number of 67% of the applicants choose to go for student loans.

Student Loans for Charter Oak State College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

7.5%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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