Mines Financial Aid: Everything You Must Know
Your financial aid, including scholarships and grants, will depend upon your financial need. The knowledge 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 in the form of scholarships and grants.
A financial aid package includes loans, grans, and scholarships. However, college loans must be paid off, so they aren't a true college discount.
Uneasy about the debt that might be part of your financing offer? Look at the average amount of debt per student at Mines.
How Much Aid is Available That I Don't Have to Repay? (A.K.A. Scholarships & Grants)?
The numbers following pertain to assistance that is supplied 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.140 freshmen were awarded federal grant aid. A total of 14.0% Mines first years received grants around $4,286 per person.
How are scholarships and grants distributed to freshman at Mines? Look at the data below.
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 type 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 from the government typically based on financial need. Learn more here.
$9,502 is the Average Total an Undergraduate Will Get in Scholarships or Grants
3,010 Mines undergrads get grands (this is about 4,456 of the entire student population). The typical amount these students get is $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|