$4,834

Avg. Federal Grant

N/A

Avg. Federal Loan

$29,464,729

Total Aid Awarded

College of the Desert (COD) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$29.465M

Financial Aid Official Website

collegeofthedesert.edu/students/fa/Pages/default.aspx

As many as 93% of the students at CD receive some kind of financial aid, shows the latest data. For additional information about financial assistance schemes, one can head over to CD’s financial aid page at http://collegeofthedesert.edu/students/fa/Pages/default.aspx. Notably, a total of 59% of the applicants to College of the Desert receive the Federal Grant every year. On the other hand, 93% of the candidates get the Student Grant, 25% receive the Institution Grant, and 59% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,990, the State Grant receivers and Institution Grant beneficiaries get $2,279 and $465, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,800. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

84%

Institution Grant Aid

21%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,834

State Grant Aid

$2,290

Institution Grant Aid

$452

Pell Grant

$4,768

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,748

$30,001 - $48,000

$7,687

$48,001 - $75,000

$4,725

$75,001 - $110,000

$2,656

Over $110,000

N/A

Student Loans for College of the Desert (COD)

Average Loan Amount Average Loan Amount received per year.

$11,000/Year

Students Taking Out Loans

N/A

Loan Default Rate

20.4%

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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