College of DuPage Financial Aid and Scholarships
Students Receiving Aid
25%
Total Aid Amount
$33.383M
Financial Aid Official Website
www.cod.edu/tuition/index.aspx
Such schemes include AMVETS Post #100 Scholarship, August & Edna Zahatko Scholarship, Grant Program for Descendants of Police, Fire, or Correctional Officers, and Illinois Incentive for Access. Notably, 58% of the students at College of DuPage get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,611,418. One can visit CD's financial aid page at http://www.cod.edu/tuition/index.aspx for more information. Notably, a total of 42% of the applicants to College of DuPage receive the Federal Grant every year. On the other hand, 46% of the candidates get the Student Grant, 8% receive the Institution Grant, and 42% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,853, the State Grant receivers and Institution Grant beneficiaries get $2,139 and $3,589, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,119. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At CD, an estimated number of 19% of the applicants choose to go for student loans.
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