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Colorado Technical University-Colorado Springs Paying for Your Degree

94% Freshmen Get Financial Aid
$6,183 Average Grant & Scholarship
88% Undergrads Get Grant Aid

Many students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Colorado Technical University-Colorado Springs can sound tremendous, but do not forget that almost all students get some type of financial help.

Just what financing solutions does Colorado Technical University - Colorado Springs provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover how much school funding could be available to you.

Importance of Colorado Technical University - Colorado Springs Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Colorado Technical University-Colorado Springs.

What First Years Receive at Colorado Technical University-Colorado Springs

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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For freshmen starting at Colorado Technical University-Colorado Springs, 94% of the incoming full-time class was awarded financial aid roughly 839 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)92%$7,340
Institutional grants & scholarships26%$4,999
Federal Pell grants77%$6,935
State/local grants0%
Federal student loans77%$6,995

Free Money: Grants and Scholarships at Colorado Technical University-Colorado Springs

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, some 88% of undergraduates were awarded an average grant or scholarship of $6,183 (among about 22865 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)88%$6,183
Federal Pell grants62%$5,727
Federal student loans63%$8,110

On-campus students receiving title-IV aid were awarded grants averaging $6,999.

Net Price by Family Income at Colorado Technical University-Colorado Springs

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$14,827
$30,001 – $75,000$15,698
Over $75,000$18,975

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Colorado Technical University-Colorado Springs

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.

CohortAverage Net Price
On-campus title-IV students$16,745
Off-campus title-IV students$14,954

To project your own net price, use Colorado Technical University - Colorado Springs’s NPC: coloradotech.studentaidcalculator.com/.

Student Debt Levels at Colorado Technical University-Colorado Springs

Graduating students at Colorado Technical University - Colorado Springs carry a median federal student debt of $12,166 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$12,166
Median federal debt (graduates only)$29,832
Typical 10-year monthly payment (graduates)$316.27/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

How Debt Is Distributed Across Students

Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Colorado Technical University - Colorado Springs.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,614
25th percentile$5,368
75th percentile$25,885
90th percentile (highest-debt students)$42,240

Student Debt by Cohort at Colorado Technical University-Colorado Springs

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$10,500
Middle income$17,188
High income$17,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$11,788
Continuing-generation students$14,999

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$6,529
Independent students$12,667

Is the Debt Manageable?

The figure below distills the debt data into a single burden category for Colorado Technical University - Colorado Springs.

Federal Student Loans at Colorado Technical University-Colorado Springs

The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Colorado Technical University - Colorado Springs:

MetricValue
Stafford loan recipients201021
Total Stafford loan amount$4,673,632,736

Veterans Benefits at Colorado Technical University-Colorado Springs

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients1227
Total GI Bill amount$17,424,211
Average GI Bill amount per recipient$14,201

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients275
Total DoD amount$844,120
Average DoD amount per recipient$3,070

External Resources for Colorado Technical University-Colorado Springs

References

More about our data sources and methodologies.

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