by our College Data Analytics TeamMost students will not be asked to pay 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 total cost of going to Charter Oak State College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Charter Oak State College offer you, and what will you qualify for? Keep scrolling for more information. Read on to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Charter Oak State College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Charter Oak State College, 50% of the incoming full-time class was awarded financial aid around 1 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $7,395 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 50% | $7,395 |
| State/local grants | 0% | — |
| Federal student loans | 50% | $9,500 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Charter Oak State College, around 61% of undergrads got grants or scholarships worth on average $5,593 (across roughly 1023 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $5,593 |
| Federal Pell grants | 44% | $4,440 |
| Federal student loans | 45% | $8,178 |
For on-campus title-IV students, average grant aid came to $7,395.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,663 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,815 |
| Off-campus title-IV students | $15,663 |
To project your own net price, use Charter Oak State College’s net price tool: www.charteroak.edu/netcost.
The middle student in the debt distribution at Charter Oak State College owes $12,422 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,422 |
| Median federal debt (graduates only) | $18,683 |
| Typical 10-year monthly payment (graduates) | $198.07/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Charter Oak State College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $23,306 |
| 90th percentile (highest-debt students) | $31,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,724 |
| Middle income | $12,500 |
| High income | $13,626 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,465 |
| Continuing-generation students | $12,041 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,800 |
| Independent students | $12,646 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Charter Oak State College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Charter Oak State College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4520 |
| Total Stafford loan amount | $75,377,570 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 46 |
| Total GI Bill amount | $284,347 |
| Average GI Bill amount per recipient | $6,181 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 24 |
| Total DoD amount | $53,125 |
| Average DoD amount per recipient | $2,214 |
References
More about our data sources and methodologies.