$4,816

Avg. Federal Grant

$6,478

Avg. Federal Loan

$42,146,123

Total Aid Awarded

Coe College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$42.146M

Financial Aid Official Website

https://www.coe.edu/admission/financial-aid-scholarships

Among them are scholarship programs such as All Iowa Opportunity Foster Care Grant, August & Edna Zahatko Scholarship, Bill & Hilda Macomber Alta Kahl Scholarship, and Carnegie Dartlet $10,000 Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,872,300. One can visit CC's financial aid page at https://www.coe.edu/admission/financial-aid-scholarships for more information. Notably, a total of 42% of the applicants to Coe College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 42% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,019, the State Grant receivers and Institution Grant beneficiaries get $5,877 and $32,297, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,563. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $36,877 per year. The average aid amount stands at $36,226 for an annual family income between $30,001 and $48,000. This amount comes to $34,648 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $31,925, while candidates with more than $110,000 of family income receive an average federal aid of $27,244. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CC, an estimated number of 77% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

16%

Institution Grant Aid

100%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$4,816

State Grant Aid

$5,781

Institution Grant Aid

$29,814

Pell Grant

$4,507

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$38,583

$30,001 - $48,000

$39,377

$48,001 - $75,000

$36,987

$75,001 - $110,000

$32,860

Over $110,000

$29,189

Student Loans for Coe College

Average Loan Amount Average Loan Amount received per year.

$7,893/Year

Students Taking Out Loans

75%

Loan Default Rate

2.2%

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