Coker College Financial Aid and Scholarships
Students Receiving Aid
95%
Total Aid Amount
$16.935M
Financial Aid Official Website
https://coker.edu/admissions-aid
Interestingly, almost all of the students at CU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,972,070 in a year. The total percentage of candidates applying to Coker University who receive the Federal Grant is 60%. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 50% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,790, and the same stands at $6,871 for State Grant awardees and $18,660 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,300. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At CU, an estimated number of 74% of the applicants choose to go for student loans.