College of Charleston Financial Aid and Scholarships
Students Receiving Aid
58%
Total Aid Amount
$54.589M
Financial Aid Official Website
finaid.cofc.edu/
Among them are scholarship programs such as Avery Scholarship, C.G. Fuller Foundation Scholarship, College of Charleston - National Merit Scholarship, and Emmett Robinson Scholarship. It is interesting to note that, every year, around 83% of students at CC receive some kind of financial aid, while the total amount of assistance/loans provided is $27,836,092. The total percentage of candidates applying to College of Charleston who receive the Federal Grant is 24%. Meanwhile, 76% of the applicants receive the Student Grant and 55% are awarded the Institution Grant, while 23% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,052, the State Grant receivers and Institution Grant beneficiaries get $5,314 and $7,899, respectively. And, for the Pell Grant awardees, the average aid amount is $4,527. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At College of Charleston, the percentage of candidates who opt to avail of student loans is around 46%.
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