$4,552

Avg. Federal Grant

$5,421

Avg. Federal Loan

$13,357,008

Total Aid Awarded

Central Oregon Community College (COCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$13.357M

Financial Aid Official Website

www.cocc.edu/departments/financial-aid/default.aspx

Such schemes include 'Better A Life' Scholarship, 'Why Not?' Scholarship, Anna F. Jones Scholarship, and Ben Walker/Mikael Nickolauson Thurston High School Memorial Scholarship. It is interesting to note that, every year, around 79% of students at COCC receive some kind of financial aid, while the total amount of assistance/loans provided is $7,891,249. Notably, a total of 40% of the applicants to Central Oregon Community College receive the Federal Grant every year. Meanwhile, 73% of the applicants receive the Student Grant and 12% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,579, while the same comes to $2,959 for State Grant receivers and $2,189 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,151. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 36% of the applicants to Central Oregon Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

56%

Institution Grant Aid

11%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,552

State Grant Aid

$2,706

Institution Grant Aid

$2,454

Pell Grant

$4,469

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,000

$30,001 - $48,000

$6,997

$48,001 - $75,000

$4,945

$75,001 - $110,000

$2,581

Over $110,000

$643

Student Loans for Central Oregon Community College (COCC)

Average Loan Amount Average Loan Amount received per year.

$5,630/Year

Students Taking Out Loans

40%

Loan Default Rate

16.6%

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#N/A

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