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GRANT:

Federal Pell Grant

SUMMARY:

Federal Pell Grant provides undergraduate students with financial assistance to attend post-secondary educational institutions. The amount of the Federal Pell Grant is determined solely by financial resources of a student's family and the cost of the institution. The Pell grant requires the FAFSA to be filed. All students requesting financial aid are expected to apply each year.

 

GRANT:

Federal Supplemental Educational Opportunity Grant (SEOG)

ANNUAL VALUE:

Up to $4,000 per year

4-YEAR VALUE:

Up to $16,000

SUMMARY:

Federal Supplemental Educational Opportunity Grants (SEOG) are available to a limited number of undergraduate students from low income families. Financially eligible students who are enrolled on at least a half-time basis may receive awards up to $4,000 per year. This award also requires the student to file the FAFSA each year.

 

LOAN:

Federal Perkins Loan

ANNUAL VALUE:

Up to $3,000 per year

TOTAL:

Up to $15,000

SUMMARY:

The Federal Perkins Loan are low interest (5%) loans for students with exceptional financial need. These loans are made through the Coker College Financial Aid Office using federal government funds. They do not require a separate loan application. Students may borrow up to $3,000.00 per year, up to a total of $15,000. Repayment of the loan begins nine months after the student ceases at least half-time enrollment. The Perkins loan requires the FAFSA to be applied for each year.

 

LOAN:

Federal Stafford Loans

ANNUAL VALUE:

Up to $3,500 in the first year;
$4,500, the second;
$5,500, the third year;
and $5,500 in the fourth year

4-YEAR VALUE:

Up to $19,000

SUMMARY:

Federal Stafford Loans are available to students enrolled on at least a half-time basis who demonstrate satisfactory progress toward their degree. Students may borrow up to $3,500 in the first year; $4,500, the second; $5,500, the third year; and $5,500 in the fourth year. Repayment on the principal and interest of Federal Stafford Loans must begin six months from the time that a student ceases to be enrolled on at least a half-time basis. Students who do not qualify for interest benefits will be encouraged, but not required, to make periodic interest payments while in school. Stafford loans require the FAFSA to be applied for each year.

 

LOAN:

Federal Parent Loans Unsubsidized (PLUS)

SUMMARY:

Federal Parent Loans Unsubsidized (PLUS) are available for those who need additional loan funds after all other awards have been applied. Such loans are only limited by a student's cost of attendance, but do require a credit check. These loans are taken in the name of the parent but the funds must be spent on educational expenses. If a parent tries for but does not qualify for a PLUS loan, then the student can be eligible for Additional Unsubsidized Stafford Loans.

 

LOAN:

Additional Unsubsidized Stafford Loans

ANNUAL VALUE:

Up to $6,000 in the first year;
$6,000 in the second year;
$7,000 in the third year;
and $7,000 in the fourth year

4-YEAR VALUE:

Up to $26,000

SUMMARY:

Additional Unsubsidized Stafford Loans are available to students whose parents have tried for but are not eligible for the PLUS loan. Students may borrow up to $6,000 in the first year; $6,000 in the second year; $7,000 in the third year; and $7,000 in the fourth year. Repayment on the principal and interest of Federal Stafford Loans must begin six months from the time that a student ceases to be enrolled on at least a half-time basis. Students who do not qualify for interest benefits will be encouraged, but not required, to make periodic interest payments while in school. Stafford loans require the FAFSA to be applied for each year.

 

WORK STUDY:

The Federal College Work-Study Program (CWSP)

SUMMARY:

The Federal College Work-Study Program (CWSP) provides part-time jobs to defray college expenses. A federally subsidized assistance program, CWSP uses financial need as the prime consideration for participation. A student may work up to 20 hours per week at the federal minimum wage rate. This also requires the FAFSA to be applied for each year.

 

Other Financial Options

Aid from Private Sources Installment Payment Plan provides a method of paying yearly educational expenses in scheduled payments over a period of 10 months. There is an annual enrollment fee. Information is mailed directly to students each summer. For more information you may go to this web site: www.TuitionPay.com

Aid for Handicapped Students Vocational rehabilitation offices provide educational benefits and other services for handicapped persons. Anyone interested in these services should contact his or her local vocational rehabilitation office.

Apogee Search Essay Scholarship This scholarship is awarded to the student who gives the best-written projection of Google's influence in the search engine marketing industry within the next 5 years. Application details are located at the Apogee website www.Apogee-Search.com/scholarship.

Army Emergency Relief Scholarship For spouses of active duty Army soldiers and the widows and widowers of soldiers who have died while on active duty. This scholarship is to assist spouses in furthering their education. To apply go to www.aerhq.org.

Veterans' Benefits The Veterans Administration recognizes Coker College as an eligible institution to provide education to qualified veterans. Veterans and veterans' dependents should contact the Veterans Administration (1-800-827-1000) for information and forms. You may also go on-line to apply at: www.gibillexpress.com. Veterans enrolled in the Coker Military Programs should contact: Angela White at 843-383-8055 or awhite@coker.edu

  • Coker has contributed tremendously to my communication and leadership skills during my three years here. Knowing the skills I know now from what I learned here at Coker; I am a firm believer that anything is possible!
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