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Intellitec College-Grand Junction Financial Aid and Scholarship Details

88% Freshmen Get Financial Aid
$5,492 Average Grant & Scholarship
75% Undergrads Get Grant Aid

The majority of students are not billed 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-Grand Junction can seem overwhelming, but bear in mind that many students are given some form of financial aid.

What financial assistance options will Intellitec College - Grand Junction offer you, and what will you qualify for? Read on for more information. Read on to see just how much financial aid could be open to you.

Why You Should Understand Intellitec College - Grand Junction Financial Aid Info

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Intellitec College-Grand Junction.

Typical First Year Financial Aid at Intellitec College-Grand Junction

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For freshmen starting at Intellitec College-Grand Junction, 88% of first-year full-time students received aid of some kind some 793 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)80%$5,739
Institutional grants & scholarships5%$3,718
Federal Pell grants68%$4,834
State/local grants18%$2,810
Federal student loans61%$6,097

Grant Aid for Undergraduates at Intellitec College-Grand Junction

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Intellitec College - Grand Junction, around 75% of the undergraduate population received grant aid that averaged $5,492 (across approximately 1362 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$5,492
Federal Pell grants64%$4,803
Federal student loans59%$6,123

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,321.

How Cost Varies by Income at Intellitec College-Grand Junction

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$16,051
$30,001 – $75,000$16,970
Over $75,000$20,053

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

The Real Cost of Attending Intellitec College-Grand Junction

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$19,216
Off-campus title-IV students$16,656

For an estimate tailored to your family circumstances, see Intellitec College - Grand Junction’s official net price calculator: intellitec.edu/admissions/consumer-information/.

What Students Owe at Intellitec College-Grand Junction

The median federal debt load at Intellitec College - Grand Junction comes to $9,088 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$9,088
Median federal debt (graduates only)$10,769
Typical 10-year monthly payment (graduates)$114.17/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Debt Spread by Percentile

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Intellitec College - Grand Junction.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$6,312
75th percentile$16,338
90th percentile (highest-debt students)$21,349

How Debt Outcomes Vary by Student Group at Intellitec College-Grand Junction

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$9,098
Middle income$7,916
High income$8,232

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$9,089
Continuing-generation students$9,035

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$7,031
Independent students$9,298

At-a-Glance Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Intellitec College - Grand Junction.

Stafford Loan Activity at Intellitec College-Grand Junction

The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Intellitec College - Grand Junction:

MetricValue
Stafford loan recipients8111
Total Stafford loan amount$86,366,621

GI Bill and DoD Benefits at Intellitec College-Grand Junction

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients104
Total GI Bill amount$928,455
Average GI Bill amount per recipient$8,927

References

More about our data sources and methodologies.

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