by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What amount of Colorado Mountain College financial assistance will actually be available to you?Get answers to your questions here.
Colorado Mountain College average financial aid offer for freshmen students is $5,989.00. Financial aid is provided to about 77% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Colorado Mountain College.
In addition to scholarships, 37% of first years (107 total) were awarded federal grant aid, averaging $4,239.00 each.
The following scholarships and grants are made up of mainly federally provided grants, plus some state and local grants.
37% of first-year students at Colorado Mountain College (107 total) obtained a federal grant, averaging $4,239.00.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.07% | $8,339.00 |
| Income 30k-48k | 5.86% | $7,209.00 |
| Income 48k-75k | 8.28% | $5,891.00 |
| Income 75k-110k | 1.38% | $698.00 |
| Income 110k + | 2.07% | $336.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
77% of the 290 undergraduates at Colorado Mountain College receive some sort of grant aid. This is a total of about 146 students getting an average of $5,989.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.