Understanding Coker University Tuition, Fees, and Financial Aid

Coker University, a small, private institution located in Hartsville, South Carolina, founded in 1908, offers undergraduate degrees in 36 majors. Planning for college expenses is an important part of the college application process. Coker University provides quality education and exceptional value. An investment in your future will yield lifelong returns. Knowing what a school costs is Step #1 in managing college costs.

Tuition and Fees Breakdown

The annual tuition and fees at Coker University average around $34,249. With a tuition cost of $33,217, it is considered average but leans toward the higher end when compared to many other universities. Mandatory fees amount to approximately $1,032. Coker University's tuition is $33,416. Compared with the national average cost of tuition of $47,097, Coker University is cheaper. These figures include both tuition and fees, also referred to as the sticker price.

Housing and Meal Plans

Breaking down housing expenses, the room charge is about $5,370 annually, indicating relatively affordable on-campus living accommodations. The board (meal) charge stands near $5,952.

All students living in campus housing are required to purchase a Board Plan. On-campus students may choose either a 21-meal plan, which provides access to all meals served in the Linville Dining Hall each week, plus $125 in CobraCash per semester, or a 14-meal plan, which provides access to any 14 meals each week, plus $250 in CobraCash per semester. Students living in the Residential Village may choose either of the meal plans above or, for a reduced rate, may opt for a 7-meal plan, which provides access to any seven meals each week, plus $125 in CobraCash per semester. Private occupancy rooms are only available when final enrollment (by gender and class rank, as well as total enrollment) does not require the use of all possible housing spaces.

Additional Costs

Other costs to consider include books and supplies, estimated at $3,000 per year, and personal expenses, which average around $1,632 per year.

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Payment and Refund Policies

Tuition and fees must be paid in full, or their payment satisfactorily arranged, at least 10 business days prior to the start of classes. Registrations are not complete until all tuition and fees are paid in full. Enrollments for students whose financial arrangements are not complete may be canceled and access to University facilities (e.g. residence hall rooms, dining facility, and/or library) may be terminated. Students will not receive diplomas or transcripts of their academic records until their accounts have been paid in full. Students entering late are charged tuition, room and other fees for a full semester. There will be a $30.00 charge for any check written to Coker University and returned by the bank.

Refund Policy Details

The refund policy applies to all students enrolled at Coker University. There will be no refunds given for online consortia courses past the teaching institution’s drop/add date. Please note: this date may be different from Coker’s drop/add date. If a student has moved into the residence hall but withdraws within the first ten (10) days, the room charges will be refunded 75%. If a student enrolled in the board plan withdraws within the first ten (10) days, the board plan charges will be refunded on a prorated basis for the days not used. Refundable on a pro-rata basis up to the last day of drop/add. When a student is suspended or expelled for disciplinary reasons, the University will make no refund of tuition or fees.

Understanding Refunds and Financial Aid

The exact amount paid for any refund will be determined by the amount of tuition and other refundable costs/fees, less any amount owed for nonrefundable charges such as room and board. Withdrawing students should consult with the Financial Aid and Student Accounts to fully understand the amount of the refund they might receive or the amount they may owe the University. Students should be aware that the University does not credit a withdrawing student’s account with 100% of institutionally-funded financial aid (i.e. Coker athletic, need-based, and merit scholarships) but will apportion the institutional aid at the same percentage as the tuition refund.

Financial Aid Opportunities

Yes! Everyone is eligible to apply for aid at Coker University, and 95% of Coker undergraduate students qualify for some form of financial assistance. No. You will need to be accepted as a degree-seeking student before we can award you any financial aid. One of our financial aid counselors will be happy to give you helpful insights into the financial aid process based on your individual situation. The FAFSA is the most important tool used to award aid. The Office of Student Financial Services will use the FAFSA to award federal and state aid for which you are eligible. However, there are other independent sources-community organizations, churches, and private organizations-that award financial aid to students. Every student should complete their FAFSA as soon as possible. The FAFSA is available at FAFSA.ed.gov beginning October 1 of every year.

Types of Aid Available

Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.

Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation. Some students receive enough in scholarship money to cover their tuition and living expenses.

Need-based self-help aid includes federal loans and work-study. Merit-based aid, also called non-need-based aid, is awarded for a specific talent or athletic or academic achievement.

Work-Study Programs

Coker University offers a range of work-study opportunities designed to help students finance their education while gaining valuable experience. On-campus employment is available in various departments, allowing students to work in roles that complement their academic interests and schedules. In addition to traditional on-campus jobs, Coker University facilitates internships that can count toward work-study eligibility. The university extends work-study eligibility to qualified international students as well, enabling them to engage in campus employment. Regarding compensation, the average hourly wage for work-study students typically reflects federal and state guidelines, ensuring fair remuneration for student workers.

Begin your job search by checking whether your college has in-person or online job boards. Working while in school can help lessen the burden of your student loans. Schools offer work-study programs to those who qualify and campus jobs to students looking to earn money in their free time. Some institutions match students with work-study positions, while others require them apply to the positions, like they would for any other job.

Understanding Net Price

The "Cost of Attendance" is the total amount of money the average student has to pay, WITHOUT any financial aid, to attend a particular school. Think of it as a school’s sticker price. The Net Price is the total cost minus the total aid given. In other words, this is the price you have to pay to the school out of pocket. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. Use the college’s Net Price calculator for the most accurate estimate of your net price.

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Student Loan Information

How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate. At Coker University, the median federal loan debt among borrowers who completed their undergraduate degree is $26,000. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $276.

It’s very common for college grads in the US to graduate with some debt, but high percentages of students taking on loans at a particular school is a big red flag. High numbers of students with loans is a red flag, and Coker University is above average. At Coker University, 84% of all students take out federal loans. At Coker University, the average annual federal loan amount is $6621. At Coker University, 2% of students take out private loans. The average private loan amount at Coker University is $13297. The percentage of students getting federal loans is greater than those getting private loans, which is a good sign.

Financial Aid Dates and Application

The FAFSA is available at FAFSA.ed.gov beginning October 1 of every year.

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