Understanding Your Financial Aid Award Information

Many factors go in to determining your financial aid award. Each award is based on funding sources and information from the Free Application for Federal Student Aid (FAFSA®) application. Your awards are initially based on full time enrollment during fall, winter and spring term. These awards are estimates and may be changed after final federal and state appropriation levels are confirmed.

Please note: If you would like summer term aid, do not accept your awards at this time until you see summer term financial aid available. This adjustment may take up to 72 hours after you have registered for summer term.

How Need is Determined

  • Cost of Attendance (COA)
    The COA is the estimated cost for you to go to school at COCC. This is expressed in an annual amount that includes all levels of attendance for the terms a student is attending. The initial COA estimate assumes fall, winter and spring term attendance, which is later revised based on actual attendance.
  • Expected Family Contribution (EFC)
    The EFC is an estimated measurement of you and your family's financial ability to help pay for college. The EFC is calculated from the information you reported on the FAFSA. It is not the amount you may be required to pay COCC.
  • Need
    Need is the calculated amount after your EFC is subtracted from your COA. Your awards help meet your need but, they may not cover your need in its entirety. Please contact the Financial Aid Office with questions regarding your remaining unmet need.

Types of Awards Available

Accept Your Award

To accept your award, you will need to log on to your Bobcat Web Account:

  • Select 'Student Services & Financial Aid'
  • Next, choose 'Financial Aid'
  • Then, 'My Award Information'
  • Next, select 'Award by Aid Year'
  • Select the appropriate aid year 'Summer YYYY - Spring YYYY'

Other Important Information

Student Disclosures
Rights and Responsibilities
Entrance and exit counseling
Choose your refund method
How to contact your loan servicer
Master Promissory Note requirement