Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 748, which is 46.78 % of all undergraduate students. 634 students which is 40.00% of undergraduate students received federal student loans and the average loan amount is $7,911.

For full-time, first-time beginning students (freshmen), 71.40% of students received grants or scholarships and 76% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Charter Oak State College since 2013.

For that period, the average number of students who received grants aid/scholarships is 748, which is 46.78 % of all undergraduate students. 634 students which is 40.00% of undergraduate students received federal student loans and the average loan amount is $7,911.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14617 (39%)$3,338455 (29%)$2,993566 (36%)$8,644
2014-15932 (48%)$3,304581 (30%)$3,065744 (39%)$7,751
2015-16802 (46%)$3,137540 (31%)$3,046668 (39%)$8,306
2016-17660 (43%)$3,340480 (31%)$3,069659 (43%)$8,573
2017-18613 (43%)$3,811468 (33%)$3,523582 (41%)$7,518
2018-19675 (44%)$4,130512 (33%)$3,553604 (39%)$7,338
2019-20760 (49%)$4,384560 (36%)$3,651633 (41%)$7,864
2020-21804 (52%)$4,467569 (37%)$3,775639 (42%)$7,677
2021-22868 (57%)$4,320568 (37%)$3,465607 (40%)$7,526
Average748 (46.78%)$3,803526 (33.00%)$3,349634 (40.00%)$7,911
*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, 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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14----
2014-15----
2015-16----
2016-171 (100%)$3,7021 (100%)$10,500
2017-18----
2018-193 (100%)$6,6292 (67%)$8,809
2019-204 (57%)$4,2002 (29%)$7,761
2020-213 (50%)$5,7315 (83%)$6,148
2021-221 (50%)$8,1952 (100%)$9,500
Average2 (71.40%)$5,6912 (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 10 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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14--------
2014-15--------
2015-16--------
2016-171 (100%)$3,065--1 (100%)$637--
2017-18--------
2018-193 (100%)$5,5872 (67%)$3751 (33%)$2,374--
2019-204 (57%)$4,100----1 (14%)$400
2020-213 (50%)$4,5642 (33%)$2501 (17%)$3,000--
2021-221 (50%)$6,495--1 (50%)$1,700--
Average2 (71.40%)$4,7622 (50.00%)$3131 (50.00%)$1,9281 (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 10 years, on average, 2 (75.80 % of students) get any students loan help and its average loan amount is $2.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14------
2014-15------
2015-16------
2016-171 (100%)$10,5001 (100%)$10,500--
2017-18------
2018-192 (67%)$8,8092 (67%)$8,809--
2019-202 (29%)$7,7612 (29%)$6,8451 (14%)$1,832
2020-215 (83%)$6,1485 (83%)$6,148--
2021-222 (100%)$9,5002 (100%)$9,500--
Average2 (75.80%)$8,5442 (75.80%)$8,3601 (14.00%)$1,832

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