by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Intellitec College-Colorado Springs can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Intellitec College - Colorado Springs offer, and what will you qualify for? Keep reading for more information. Read on to discover how much school funding could be available to you.
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 Intellitec College-Colorado Springs.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Intellitec College-Colorado Springs, 84% of entering full-time freshmen got some type of financial assistance roughly 568 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,870 |
| Institutional grants & scholarships | 1% | $500 |
| Federal Pell grants | 69% | $4,796 |
| State/local grants | 0% | — |
| Federal student loans | 58% | $6,075 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, roughly 60% of the undergraduate population received grant aid that averaged $4,820 (among about 748 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $4,820 |
| Federal Pell grants | 59% | $4,735 |
| Federal student loans | 50% | $6,308 |
For on-campus title-IV students, average grant aid came to $2,921.
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 | $21,491 |
| $30,001 – $75,000 | $22,450 |
| Over $75,000 | $24,421 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $30,716 |
| Off-campus title-IV students | $25,164 |
For a personalized estimate based on your family’s financial situation, use Intellitec College - Colorado Springs’s official net price calculator: intellitec.edu/wp-content/uploads/Net_Price_Calc_index_COS.html.
The median federal debt load at Intellitec College - Colorado Springs comes to $8,894 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,894 |
| Median federal debt (graduates only) | $11,667 |
| Typical 10-year monthly payment (graduates) | $123.69/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Intellitec College - Colorado Springs.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,016 |
| 25th percentile | $5,500 |
| 75th percentile | $19,125 |
| 90th percentile (highest-debt students) | $23,453 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,197 |
| Middle income | $9,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,236 |
| Continuing-generation students | $8,027 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Intellitec College - Colorado Springs.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Intellitec College - Colorado Springs:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5044 |
| Total Stafford loan amount | $63,147,427 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 476 |
| Total GI Bill amount | $4,745,971 |
| Average GI Bill amount per recipient | $9,971 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.