$6,720

Avg. Federal Grant

$9,500

Avg. Federal Loan

$1,874,559

Total Aid Awarded

Cox College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$1.875M

Financial Aid Official Website

https://coxcollege.edu/financial-aid/

Among them are scholarship programs such as Cox College Access Missouri Financial Assistance Program, Cox College Bright Flight Program, Jesse Wrench Scholarship, and Missouri Higher Education Academic Scholarship (Bright Flight). Interestingly, almost all of the students at CC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,678,506 in a year. More information regarding the financial assistance schemes can be accessed on CC’s official financial aid page at https://coxcollege.edu/financial-aid/. Meanwhile, 100% of the applicants receive the Student Grant, while 100% are awarded the Institution Grant. And, for the Pell Grant awardees, the average aid amount is $3,604. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $3,358 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $5,815 and $6,715, respectively. 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. Candidates are also required to repay these loans within a given period. At CC, an estimated number of 100% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

100%

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$6,720

State Grant Aid

$2,000

Institution Grant Aid

N/A

Pell Grant

$5,920

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,720

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Cox College

Average Loan Amount Average Loan Amount received per year.

$9,500/Year

Students Taking Out Loans

100%

Loan Default Rate

6%

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