Scholarships, Grants, and Loan Trends at Coe

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,345, which is 96.56 % of all undergraduate students. 1,031 students which is 74.22% of undergraduate students received federal student loans and the average loan amount is $6,959.

For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 76% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Coe College since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,345, which is 96.56 % of all undergraduate students. 1,031 students which is 74.22% of undergraduate students received federal student loans and the average loan amount is $6,959.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,357 (95%)$25,669422 (29%)$4,0161,045 (73%)$7,585
2015-161,371 (97%)$25,893441 (31%)$3,9781,227 (87%)$6,418
2016-171,328 (94%)$29,117415 (30%)$4,2721,009 (72%)$7,504
2017-181,353 (97%)$31,150455 (33%)$4,4141,014 (73%)$7,678
2018-191,370 (96%)$33,111494 (35%)$4,5631,021 (72%)$6,731
2019-201,374 (96%)$34,875491 (34%)$4,5361,039 (73%)$6,712
2020-211,367 (98%)$37,996502 (36%)$4,9991,020 (73%)$6,656
2021-221,349 (98%)$40,121505 (37%)$5,000988 (72%)$6,660
2022-231,233 (98%)$41,320451 (36%)$5,343917 (73%)$6,688
Average1,345 (96.56%)$33,250464 (33.44%)$4,5691,031 (74.22%)$6,959
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 382 (99.78 % of students) received grants or scholarships and its average amount is $35,843. It can cover 65.57% of tuition & fees ($54,666).

In addition, 292 (76.22 % of students) students get helped from the students loans (average amount : $7,843).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15375 (100%)$27,687293 (78%)$8,203
2015-16374 (99%)$29,117295 (78%)$7,759
2016-17371 (99%)$31,543284 (76%)$7,777
2017-18399 (100%)$32,624299 (75%)$7,893
2018-19393 (100%)$35,805301 (77%)$7,843
2019-20379 (100%)$38,272297 (78%)$8,108
2020-21391 (100%)$40,622302 (77%)$7,453
2021-22397 (100%)$43,143292 (74%)$7,544
2022-23363 (100%)$43,772266 (73%)$8,007
Average382 (99.78%)$35,843292 (76.22%)$7,843
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 151 (39.67 % of students) received Pell (federal) grants and its average amount is $4,718.

In addition, 88 students received State/local government grants/scholarships (23.11 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15127 (34%)$4,38857 (15%)$1,13583 (22%)$4,897375 (100%)$24,945
2015-16138 (37%)$4,32269 (18%)$82682 (22%)$5,346374 (99%)$26,197
2016-17144 (39%)$4,32756 (15%)$63092 (25%)$5,770370 (99%)$28,415
2017-18155 (39%)$4,507156 (39%)$33764 (16%)$5,781399 (100%)$29,814
2018-19164 (42%)$4,62471 (18%)$911100 (25%)$5,877392 (100%)$32,297
2019-20143 (38%)$4,596289 (76%)$1,190105 (28%)$6,108379 (100%)$33,938
2020-21163 (42%)$5,126351 (90%)$840110 (28%)$6,078391 (100%)$36,021
2021-22179 (45%)$5,063354 (89%)$1,92074 (19%)$7,142397 (100%)$37,817
2022-23149 (41%)$5,50768 (19%)$61084 (23%)$7,757363 (100%)$39,603
Average151 (39.67%)$4,718163 (42.11%)$93388 (23.11%)$6,084382 (99.78%)$32,116
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 292 (76.22 % of students) get any students loan help and its average loan amount is $292.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15293 (78%)$8,203292 (78%)$7,25268 (18%)$4,202
2015-16295 (78%)$7,759295 (78%)$6,11568 (18%)$7,133
2016-17284 (76%)$7,777283 (76%)$6,09168 (18%)$7,129
2017-18299 (75%)$7,893299 (75%)$6,47864 (16%)$6,612
2018-19301 (77%)$7,843301 (77%)$5,53082 (21%)$8,488
2019-20297 (78%)$8,108297 (78%)$5,79196 (25%)$7,167
2020-21302 (77%)$7,453299 (76%)$5,57977 (20%)$7,568
2021-22292 (74%)$7,544290 (73%)$5,68254 (14%)$10,283
2022-23266 (73%)$8,007265 (73%)$5,72254 (15%)$11,361
Average292 (76.22%)$7,843291 (76.00%)$6,02770 (18.33%)$7,771

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