Yes, coed is in the scrabble dictionary

...and is worth 8 points by itself.

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Coed Definition

noun

A woman who attends a coeducational college or university.
from The American Heritage Dictionary of the English Language, 4th Edition
A female student in a institution.
from Free Scrabble Dictionary

adjective

Of or relating to an education system in which both men and women attend the same institution or classes; coeducational: a coed university.
from The American Heritage Dictionary of the English Language, 4th Edition
Open to both sexes: a coed dorm; a coed pool.
from The American Heritage Dictionary of the English Language, 4th Edition
Of or relating to a coed.
from Free Scrabble Dictionary
Of or relating to .
from Free Scrabble Dictionary
Open to or used by both men and women.
from Free Scrabble Dictionary

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Top Words by points

Points

code

7

2 letter words with COED

Points

de

3

do

3

ed

3

od

3

oe

2

3 letter words with COED

Points

cod

6

doc

6

doe

4

eco

5

ode

4

4 letter words with COED

Points

code

7

coed

7

deco

7

Found 13 words in 0.10944 seconds