by our College Data Analytics TeamMany students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Central Oregon Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financing options does COCC offer, and what will you qualify for? Keep scrolling for more information. Scroll down to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Central Oregon Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Central Oregon Community College, 84% of new full-time first-years were awarded at least some aid (about 405 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $8,309 |
| Institutional grants & scholarships | 17% | $4,352 |
| Federal Pell grants | 44% | $5,391 |
| State/local grants | 73% | $4,611 |
| Federal student loans | 26% | $4,577 |
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 COCC, around 45% of undergraduates were awarded grant or scholarship aid averaging $7,972 (covering around 1838 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $7,972 |
| Federal Pell grants | 29% | $4,949 |
| Federal student loans | 22% | $5,801 |
For on-campus title-IV students, average grant aid came to $7,487.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,381 |
| $30,001 – $75,000 | $11,241 |
| Over $75,000 | $13,990 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,266 |
| Off-campus title-IV students | $10,765 |
To get a personalized net price estimate, try COCC’s official net price calculator: www.cocc.edu/departments/financial-aid/forms-resources-policies/resources/net-price-calculator.aspx.
The median federal debt load at COCC comes to $8,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at COCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,833 |
| 25th percentile | $3,500 |
| 75th percentile | $20,061 |
| 90th percentile (highest-debt students) | $31,322 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $7,305 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,617 |
| Continuing-generation students | $6,933 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $10,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at COCC.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at COCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18218 |
| Total Stafford loan amount | $268,656,300 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 291 |
| Total GI Bill amount | $4,281,323 |
| Average GI Bill amount per recipient | $14,712 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $7,070 |
| Average DoD amount per recipient | $1,178 |
References
More about our data sources and methodologies.