$5,339

Avg. Federal Grant

$6,144

Avg. Federal Loan

$16,935,089

Total Aid Awarded

Coker College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

58%

Institution Grant Aid

97%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$5,339

State Grant Aid

$5,704

Institution Grant Aid

$15,327

Pell Grant

$4,887

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$24,095

$30,001 - $48,000

$24,344

$48,001 - $75,000

$22,930

$75,001 - $110,000

$17,244

Over $110,000

$16,398

Student Loans for Coker College

Average Loan Amount Average Loan Amount received per year.

$7,024/Year

Students Taking Out Loans

78%

Loan Default Rate

12.8%

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