$4,120

Avg. Federal Grant

$6,782

Avg. Federal Loan

$2,974,843

Total Aid Awarded

Coyne College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$2.975M

Financial Aid Official Website

N/A

Notably, 84% of the students at Coyne College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,196,514. Notably, a total of 76% of the applicants to Coyne College receive the Federal Grant every year. On the other hand, 78% of the candidates get the Student Grant, 7% receive the Institution Grant, and 76% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $2,890. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Coyne College, the percentage of candidates who opt to avail of student loans is around 71%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

82%

State Grant Aid

N/A

Institution Grant Aid

9%

Pell Grant

82%

Average Aid Awarded

Federal Grant Aid

$4,120

State Grant Aid

N/A

Institution Grant Aid

$1,457

Pell Grant

$4,120

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,963

$30,001 - $48,000

$3,790

$48,001 - $75,000

$2,147

$75,001 - $110,000

$1,453

Over $110,000

$167

Student Loans for Coyne College

Average Loan Amount Average Loan Amount received per year.

$6,782/Year

Students Taking Out Loans

78%

Loan Default Rate

16.4%

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