by our College Data Analytics TeamMany students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Colorado College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Colorado College offer, and what will you qualify for? Keep reading for more information. Keep going to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Colorado College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Colorado College, 62% of entering full-time freshmen got some type of financial assistance approximately 318 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $50,834 |
| Institutional grants & scholarships | 56% | $48,772 |
| Federal Pell grants | 11% | $5,776 |
| State/local grants | 4% | $4,428 |
| Federal student loans | 44% | $4,833 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Colorado College, approximately 63% of undergraduate students received gift aid averaging $49,383 (across approximately 1341 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $49,383 |
| Federal Pell grants | 14% | $5,689 |
| Federal student loans | 26% | $5,757 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $53,546.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,689 |
| $30,001 – $75,000 | $15,770 |
| Over $75,000 | $44,898 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $33,375 |
| Off-campus title-IV students | $31,678 |
To get a personalized net price estimate, try Colorado College’s NPC: www.shoppingsheet.com/shopping/landing/126678.
A typical borrower at Colorado College leaves with $13,400 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,400 |
| Median federal debt (graduates only) | $18,257 |
| Typical 10-year monthly payment (graduates) | $193.55/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Colorado College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $24,418 |
| 90th percentile (highest-debt students) | $28,591 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,474 |
| Middle income | $14,026 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $14,727 |
The figure below distills the debt data into a single burden category for Colorado College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Colorado College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2857 |
| Total Stafford loan amount | $35,710,425 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $248,590 |
| Average GI Bill amount per recipient | $31,074 |
References
More about our data sources and methodologies.