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 tell you 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 $6,606. About 83.0% of new students obtain some kind of financial aid, most of which is in the form of scholarships and grants.
Financial aid contains loans, grans, and scholarships. However, college loans have to be paid off, thus they aren't a real college discount.
Student debt should be considered to be an added expense rather than as "aid" or a "discount". Read more about student loan debt at Cox College.
Amount of Cox College Scholarships & Grants
These grants and scholarships consist mainly federally provided grants, and some state and local awards. 33.0% of first years at Cox College (2 total) were awarded a federal grant, averaging $3,265. In addition to grants, 33.0% of first years (2 total) were awarded scholarships by the college, totaling $721 per student.
See the typical amount of scholarships and grants first years get by looking at the graph below.
Scholarships are given based on special ability or merit, while grants are need based.
Amount of Financial Aid Per Family Income
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 | 33.3% | $4,487 |
| Income 30k-48k | 0.0% | N/A |
| Income 48k-75k | 33.3% | $1,374 |
| Income 75k-110k | 16.7% | $1,500 |
| Income 110k + | 0.0% | N/A |
Title IV aid includes grants, loans, or work study granted from the federal government generally determined by financial need. Learn more here.
$4,075 is the Standard Total an Undergrad Will Get in Scholarships or Grants
Of the 742 undergraduate students at Cox College around 60.0% (445 in total) get some form of grant aid. The typical quantity granted was $4,075. The most of which are in the form of Pell Grants.
Financial Aid Links from Cox College
| Financial Aid Department Website | coxcollege.edu/index.php/financial-aid/ |
| Net Price Calculator | coxcollege.edu/index.php/net-price-calculator/ |
