by our College Data Analytics TeamThe total cost of attendance at College of Charleston can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Curious about the financial aid opportunities at C of C and what you may be eligible for? Explore the answers here.
$9,193.00 is the typical College of Charleston’s first year financial aid package. 85% of first-year students are awarded financial aid, primarily comprising loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at College of Charleston.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by College of Charleston.
54% of new students (1108 total) were given scholarships at College of Charleston, averaging $8,549.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 55% of first-year students (1129 total) got federal grant aid, averaging $2,516.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 6.70% | $14,795.00 |
| Income 30k-48k | 5.33% | $13,337.00 |
| Income 48k-75k | 5.77% | $9,403.00 |
| Income 75k-110k | 5.28% | $6,577.00 |
| Income 110k + | 7.82% | $6,148.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
85% of the 2046 undergraduates at College of Charleston receive some sort of grant aid. This is a total of about 1693 students getting an average of $9,193.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.