Financial Aid

Overview

What is financial aid?

Financial aid is monetary assistance intended to help you finance your education when personal and family resources are not adequate to meet the total educational costs. 

Many students and families rely on student financial aid to help pay for the overall cost of attending college. Financial aid can come from COTC, federal and state government, and private sources, and includes:

  • Scholarships: ​A scholarship does not have to be paid back and is awarded based on merit and/or financial need.
  • COTC Promise Programs: A free college tuition program for eligible Licking, Coshocton and Knox County residents.
  • Grants: A grant does not have to be paid back and is awarded based on merit and/or financial need.
  • Loans: Loans ​must be paid back within a specified period of time. 
  • Federal Work-Study: ​FWS is a need-based program that allows students to earn money while working at the college. 

LEARN ABOUT TYPES OF AID

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Apply for Financial Aid

Free Application for Federal Student Aid (FAFSA)

COTC uses the FAFSA form to determine how much financial aid you’re eligible to receive, which could include grants, scholarships, work-study and loans. We encourage all students to complete the FAFSA. In most cases, you are eligible for some type of federal financial aid regardless of income. You must complete a FAFSA each academic you plan to enroll in classes.

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Financial Aid Eligibility

Financial Aid is offered to students to assist them with funds needed to pay educational costs. A financial aid offer may consist of grants, loans, employment and scholarships. Some financial aid is merit-based based on academic achievement. Other aid is need-based meant to help when family and personal resources are unable to cover your total educational costs.

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Verification

Verification is a federal process used to confirm that the information reported on your FAFSA is accurate before financial aid can be finalized. If you are selected for verification, Student Financial Services will notify you by COTC email of any documents or information required to complete the process.

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Financial Aid Forms

Find forms required for verification, appeals and other situations related to paying for college.