Scholarships, Grants, and Loan Trends at Coba Academy

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 75, which is 66.00 % of all undergraduate students. 71 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $6,816.
For full-time, first-time beginning students (freshmen), 79.33% of students received grants or scholarships and 80% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Coba Academy since 2013.
For that period, the average number of students who received grants aid/scholarships is 75, which is 66.00 % of all undergraduate students. 71 students which is 62.78% of undergraduate students received federal student loans and the average loan amount is $6,816.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1439 (60%)$3,85839 (60%)$3,85839 (60%)$7,226
2014-1541 (75%)$3,46941 (75%)$3,46938 (69%)$7,046
2015-1644 (68%)$4,64244 (68%)$4,64240 (62%)$7,733
2016-1756 (64%)$4,14556 (64%)$4,06559 (68%)$6,678
2017-1869 (60%)$4,48869 (60%)$4,27871 (62%)$6,869
2018-1992 (72%)$4,36192 (72%)$4,31383 (65%)$6,670
2019-2097 (71%)$4,45187 (64%)$4,02384 (62%)$6,252
2020-21113 (67%)$4,582113 (67%)$4,524101 (60%)$6,736
2021-22127 (57%)$4,672126 (57%)$4,483127 (57%)$6,135
Average75 (66.00%)$4,29674 (65.22%)$4,18471 (62.78%)$6,816

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

For the last 10 years, on average, 35 (79.33 % of students) received grants or scholarships and its average amount is $4,680. It can cover 44.57% of tuition & fees ($10,500).
In addition, 35 (80.11 % of students) students get helped from the students loans (average amount : $7,184).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-149 (56%)$4,17112 (75%)$8,344
2014-1511 (92%)$3,58710 (83%)$9,014
2015-1612 (100%)$5,45212 (100%)$7,417
2016-1720 (74%)$4,62823 (85%)$6,740
2017-1831 (65%)$4,85931 (65%)$6,559
2018-1955 (89%)$4,69650 (81%)$7,087
2019-2056 (85%)$4,65951 (77%)$6,480
2020-2180 (89%)$4,97374 (82%)$6,842
2021-2242 (64%)$5,09748 (73%)$6,173
Average35 (79.33%)$4,68035 (80.11%)$7,184
*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, 34 (78.00 % of students) received Pell (federal) grants and its average amount is $4,545.
In addition, 1 students received State/local government grants/scholarships (2.00 % 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
2013-149 (56%)$4,171------
2014-1511 (92%)$3,587------
2015-1612 (100%)$5,452------
2016-1720 (74%)$4,5403 (11%)$588----
2017-1831 (65%)$4,4409 (19%)$7781 (2%)$6,000--
2018-1955 (89%)$4,6395 (8%)$620----
2019-2048 (73%)$4,18139 (59%)$1,545----
2020-2180 (89%)$4,90313 (14%)$431----
2021-2242 (64%)$4,9897 (11%)$643----
Average34 (78.00%)$4,54513 (20.33%)$7681 (2.00%)$6,000--
*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, 35 (80.11 % of students) get any students loan help and its average loan amount is $35.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1412 (75%)$8,34412 (75%)$8,344--
2014-1510 (83%)$9,01410 (83%)$9,014--
2015-1612 (100%)$7,41712 (100%)$7,417--
2016-1723 (85%)$6,74023 (85%)$6,740--
2017-1831 (65%)$6,55931 (65%)$6,559--
2018-1950 (81%)$7,08750 (81%)$7,087--
2019-2051 (77%)$6,48051 (77%)$6,480--
2020-2174 (82%)$6,84274 (82%)$6,842--
2021-2248 (73%)$6,17348 (73%)$6,173--
Average35 (80.11%)$7,18435 (80.11%)$7,184--
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