How Charter Oak State's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Charter Oak State College since 2011.

For that period, the average number of students who received grants aid/scholarships is 714, which is 43.64 % of all undergraduate students. 619 students which is 38.09% of undergraduate students received federal student loans and the average loan amount is $8,042.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	565 (25%)	$2,665	469 (21%)	$2,648	551 (25%)	$8,573
2012-13	563 (34%)	$2,914	427 (26%)	$2,894	554 (34%)	$8,692
2013-14	617 (39%)	$3,338	455 (29%)	$2,993	566 (36%)	$8,644
2014-15	932 (48%)	$3,304	581 (30%)	$3,065	744 (39%)	$7,751
2015-16	802 (46%)	$3,137	540 (31%)	$3,046	668 (39%)	$8,306
2016-17	660 (43%)	$3,340	480 (31%)	$3,069	659 (43%)	$8,573
2017-18	613 (43%)	$3,811	468 (33%)	$3,523	582 (41%)	$7,518
2018-19	675 (44%)	$4,130	512 (33%)	$3,553	604 (39%)	$7,338
2019-20	760 (49%)	$4,384	560 (36%)	$3,651	633 (41%)	$7,864
2020-21	804 (52%)	$4,467	569 (37%)	$3,775	639 (42%)	$7,677
2021-22	868 (57%)	$4,320	568 (37%)	$3,465	607 (40%)	$7,526
Average	714 (43.64%)	$3,619	512 (31.27%)	$3,244	619 (38.09%)	$8,042

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

For the last 12 years, on average, 2 (71.40 % of students) received grants or scholarships and its average amount is $5,691. It can cover 66.91% of tuition & fees ($8,506) based on out-of-state rate.

In addition, 2 (75.80 % of students) students get helped from the students loans (average amount : $8,544).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	-	-	-	-
2012-13	-	-	-	-
2013-14	-	-	-	-
2014-15	-	-	-	-
2015-16	-	-	-	-
2016-17	1 (100%)	$3,702	1 (100%)	$10,500
2017-18	-	-	-	-
2018-19	3 (100%)	$6,629	2 (67%)	$8,809
2019-20	4 (57%)	$4,200	2 (29%)	$7,761
2020-21	3 (50%)	$5,731	5 (83%)	$6,148
2021-22	1 (50%)	$8,195	2 (100%)	$9,500
Average	2 (71.40%)	$5,691	2 (75.80%)	$8,544

^*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 12 years, on average, 2 (71.40 % of students) received Pell (federal) grants and its average amount is $4,762.

In addition, 1 students received State/local government grants/scholarships (50.00 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	-	-	-	-	-	-	-	-
2012-13	-	-	-	-	-	-	-	-
2013-14	-	-	-	-	-	-	-	-
2014-15	-	-	-	-	-	-	-	-
2015-16	-	-	-	-	-	-	-	-
2016-17	1 (100%)	$3,065	-	-	1 (100%)	$637	-	-
2017-18	-	-	-	-	-	-	-	-
2018-19	3 (100%)	$5,587	2 (67%)	$375	1 (33%)	$2,374	-	-
2019-20	4 (57%)	$4,100	-	-	-	-	1 (14%)	$400
2020-21	3 (50%)	$4,564	2 (33%)	$250	1 (17%)	$3,000	-	-
2021-22	1 (50%)	$6,495	-	-	1 (50%)	$1,700	-	-
Average	2 (71.40%)	$4,762	2 (50.00%)	$313	1 (50.00%)	$1,928	1 (14.00%)	$400

^*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 12 years, on average, 2 (75.80 % of students) get any students loan help and its average loan amount is $2.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	-	-	-	-	-	-
2012-13	-	-	-	-	-	-
2013-14	-	-	-	-	-	-
2014-15	-	-	-	-	-	-
2015-16	-	-	-	-	-	-
2016-17	1 (100%)	$10,500	1 (100%)	$10,500	-	-
2017-18	-	-	-	-	-	-
2018-19	2 (67%)	$8,809	2 (67%)	$8,809	-	-
2019-20	2 (29%)	$7,761	2 (29%)	$6,845	1 (14%)	$1,832
2020-21	5 (83%)	$6,148	5 (83%)	$6,148	-	-
2021-22	2 (100%)	$9,500	2 (100%)	$9,500	-	-
Average	2 (75.80%)	$8,544	2 (75.80%)	$8,360	1 (14.00%)	$1,832

Scholarships, Grants, and Loan Trends at Charter Oak State

All Undergraduate Students Financial Aid Over Time

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

Compare Charter Oak State in a Variety of Ways