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Central Oklahoma College Financial Aid & Debt Outcomes

98% Freshmen Get Financial Aid
$4,247 Average Grant & Scholarship
71% Undergrads Get Grant Aid

A lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Central Oklahoma College can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financing solutions does Central Oklahoma College provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see just how much financial aid could be open to you.

Why You Should Understand Central Oklahoma College Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Central Oklahoma College.

Average Freshman Financial Aid at Central Oklahoma College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At Central Oklahoma College, 98% of first-year full-time students received aid of some kind around 113 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$4,826
Institutional grants & scholarships3%$1,470
Federal Pell grants89%$4,685
State/local grants2%$1,480
Federal student loans89%$5,737

Scholarships and Grants at Central Oklahoma College

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, around 71% of undergraduates were awarded grant or scholarship aid averaging $4,247 (for some 587 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)71%$4,247
Federal Pell grants68%$4,123
Federal student loans74%$5,377

Student Debt Levels at Central Oklahoma College

A typical borrower at Central Oklahoma College leaves with $6,254 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$6,254
Median federal debt (graduates only)$7,883
Typical 10-year monthly payment (graduates)$83.57/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Full Range of Student Debt

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Central Oklahoma College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,644
25th percentile$2,750
75th percentile$7,811
90th percentile (highest-debt students)$9,470

How Debt Outcomes Vary by Student Group at Central Oklahoma College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$6,243
Middle income$7,356
High income$4,584

By First-Generation Status

CohortMedian federal debt
First-generation students$6,252
Continuing-generation students$6,291

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$4,584
Independent students$6,938

Summary Debt Indicators

The figure below distills the debt data into a single burden category for Central Oklahoma College.

Federal Loan Volume at Central Oklahoma College

Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Central Oklahoma College:

MetricValue
Stafford loan recipients2655
Total Stafford loan amount$18,239,794

Aid for Military-Affiliated Students at Central Oklahoma College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

GI Bill volume

MetricValue
GI Bill recipients23
Total GI Bill amount$174,981
Average GI Bill amount per recipient$7,608

Central Oklahoma College Financial Aid Resources

References

More about our data sources and methodologies.

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