Mines Financial Aid: Everything You Must Know
Your financial aid, including scholarships and grants, will depend upon your financial need. The information found here will show what you will likely obtain at Mines based on family income and other factors.
How Much Financial Aid is Offered?
Colorado School of Mines' average financial aid offer for newly arriving freshmen is $17,696. About 77.0% of new students obtain some kind of financial aid, the majority of which is scholarships and grants.
Student loans are a part of financial aid packages, even so the only true college discount is a grant or scholarship that you don't need to repay.
A student loan is not a true college discount, but rather an additional cost consideration. Discover how much student loan debt from Mines you could end up taking on.
How Much Is Available in Grants & Scholarships?
The numbers following pertain to assistance that is provided by Colorado School of Mines.
77.0% of incoming freshmen (771 total) were given scholarships at Colorado School of Mines, averaging $8,650 per student. This ranks in the top 40th percentile of all schools in the country.
In addition to scholarships, 14.0% of freshmen (140 total) received federal grant aid, averaging $4,286 a person.
The chart directly below reveals the typical volume of grant and scholarship aid given to all freshmen.
Grants are usually based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
The below chart displays scholarship and grant distributions by family income for freshmen getting any form of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||12.2%||$2,321|
Title IV aid includes loans, grants, or work-study granted by the federal government typically based on financial need. Learn more here.
$9,502 is the Average Total an Undergraduate Will Get in Scholarships or Grants
Of the 4,456 undergraduate students at Colorado School of Mines around 68.0% (3,010 total) get some type of grant aid. The average quantity granted was $9,502.
Financial Aid Links from Colorado School of Mines
|Financial Aid Department Website||inside.mines.edu/Financial_Aid|
|Net Price Calculator||inside.mines.edu/npc/npcalc.htm|