Coe College continues a long tradition of attempting to meet the assessed need of academically qualified students whose family resources are inadequate. In fact, over 99% of current students receive some form of financial assistance. Aid may include scholarships, state or federal grants, loans or on-campus jobs.
Completion of the Free Application for Federal Student Aid (FAFSA) is required for students to receive any need-based Coe College, state or federal funds. Families must submit the FAFSA annually. Priority consideration for financial aid funds will be given to students who file their FAFSA by March 1.
A significant change to the FAFSA filing process will allow applicants to submit their 2018-2019 FAFSA as early as October 1, 2017.
The 18-19 FAFSA will collect income information from the tax/calendar year one year earlier than has been used in the past. Thus for the 2018-2019 FAFSA, students and families will provide income information from the calendar year 2016 and not from the calendar year 2016. Because of this, applicants can submit the application sooner, and almost all tax return filers will be able to transfer their tax information electronically directly into their FAFSA by using the IRS Data Retrieval Tool (DRT).
Parents are encouraged to review the Financial Aid Handbook and contact the financial aid office with any questions. However, it is important for parents to understand that once their son or daughter is registered for classes, most records created and maintained by the financial aid office will be considered education records and disclosure of such records will be dictated by the Family Educational Rights and Privacy Act (FERPA). Under FERPA, the access rights that parents had in the elementary and secondary school setting are transferred to the student. Consequentially, the student must provide his or her consent before financial aid staff can discuss with parents information related to a student’s financial aid. Students may set FERPA permissions in my.coe.edu from the Student tab (Grant Parent Access link). A complete description of FERPA is available in the Coe College catalog.