by our College Data Analytics TeamMany students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Pikes Peak State College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can PPCC offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Pikes Peak State College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Pikes Peak State College, 65% of entering full-time freshmen got some type of financial assistance (about 659 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $12,732 |
| Institutional grants & scholarships | 5% | $1,556 |
| Federal Pell grants | 49% | $6,223 |
| State/local grants | 49% | $7,978 |
| Federal student loans | 17% | $3,718 |
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 this school, about 36% of the undergraduate population received grant aid that averaged $11,901 (across approximately 4451 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $11,901 |
| Federal Pell grants | 30% | $6,123 |
| Federal student loans | 14% | $3,918 |
For on-campus title-IV students, average grant aid came to $12,466.
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 | $8,188 |
| $30,001 – $75,000 | $9,921 |
| Over $75,000 | $15,992 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,007 |
| Off-campus title-IV students | $9,682 |
For a customized cost estimate, visit PPCC’s net price tool: www.pikespeak.edu/costs-scholarships-aid/costs/tuition-calculator.php.
Graduating students at PPCC carry a median federal student debt of $4,900 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,900 |
| Median federal debt (graduates only) | $9,000 |
| Typical 10-year monthly payment (graduates) | $95.41/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at PPCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,250 |
| 75th percentile | $9,000 |
| 90th percentile (highest-debt students) | $15,250 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,250 |
| Middle income | $4,542 |
| High income | $4,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,020 |
| Continuing-generation students | $4,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,500 |
| Independent students | $5,250 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. PPCC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at PPCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 31730 |
| Total Stafford loan amount | $296,421,883 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1345 |
| Total GI Bill amount | $5,523,786 |
| Average GI Bill amount per recipient | $4,107 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 503 |
| Total DoD amount | $907,041 |
| Average DoD amount per recipient | $1,803 |
References
More about our data sources and methodologies.