The Importance of Understanding Financial Aid for You
Your financial aid, which includes scholarships and grants, will depend upon your financial need. The knowledge provided here will show what you will likely receive from Cox College determined by income and any other factor you may need to consider.
How Many Undergrads Receive Financial Aid?
Cox College's normal financial aid plan for newly arriving first year students is $10,002. About 57.0% of new students obtain some kind of financial aid, the majority of which is scholarships and grants.
Financial aid contains loans, grants, and scholarships. However, loans need to be paid off, thus they aren't a real college discount.
Concerned about the loans that may be part of your financial aid plan? Look at the average amount of debt per student at Cox College.
How Much Is Available in Scholarships & Grants?
The numbers below refer to scholarships and grants primarily offered by Cox College.
14.0% of incoming freshmen (1 total) were given scholarships at Cox College, averaging $3,742 per person. This ranks in the bottom 40th percentile of all schools in the nation.
In addition to scholarships, 29.0% of first year students (2 total) got federal grant aid, averaging $3,971 a person.
See the typical amount of scholarships and grants first years get by checking out the graph below.
Scholarships are given based on special ability or merit, while grants are need based.
How Income Level Affects Aid
The next table displays grant and scholarship distributions by family income for freshmen getting any type of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.6% | $5,684 |
| Income 30k-48k | 14.3% | $3,203 |
| Income 48k-75k | 14.3% | $0 |
| Income 75k-110k | 14.3% | $0 |
| Income 110k + | 14.3% | $0 |
Education funding by the government by means of loans, grants, and work-study is referred to as Title IV aid. Get more info on Title IV here..
The Average Undergraduate Who Gets a Grant or Scholarship Will Get $3,686
88.0% of the 775 undergrads at Cox College obtain some type of grant aid. This is a total around 679 students getting about $3,686 per person.
Financial Aid Links from Cox College
| Financial Aid Department Website | coxcollege.edu/financial-aid/ |
| Net Price Calculator | coxcollege.edu/index.php/net-price-calculator/ |
