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.