by our College Data Analytics TeamMany students are not billed 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 Pima Medical Institute-Colorado Springs can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will PMI Colorado Springs provide, and just what are you going to be eligible for? Read on for answers. Read on to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Pima Medical Institute-Colorado Springs.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Pima Medical Institute-Colorado Springs, 81% of first-time, full-time freshmen received some form of financial aid approximately 186 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,308 |
| Institutional grants & scholarships | 3% | $3,655 |
| Federal Pell grants | 65% | $5,115 |
| State/local grants | 1% | $500 |
| Federal student loans | 71% | $8,124 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At PMI Colorado Springs, some 51% of the undergraduate population received grant aid that averaged $4,976 (covering around 295 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $4,976 |
| Federal Pell grants | 50% | $4,747 |
| Federal student loans | 47% | $7,620 |
On-campus students receiving title-IV aid were awarded grants averaging $4,471.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,813 |
| $30,001 – $75,000 | $25,802 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $26,848 |
| Off-campus title-IV students | $24,909 |
For an estimate tailored to your family circumstances, see PMI Colorado Springs’s NPC: secure.pmi.edu/npcalc/.
A typical borrower at PMI Colorado Springs leaves with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
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 PMI Colorado Springs.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $5,498 |
| 75th percentile | $12,673 |
| 90th percentile (highest-debt students) | $27,032 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,499 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. PMI Colorado Springs.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at PMI Colorado Springs:
| Metric | Value |
|---|---|
| Stafford loan recipients | 85962 |
| Total Stafford loan amount | $929,789,700 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 68 |
| Total GI Bill amount | $728,676 |
| Average GI Bill amount per recipient | $10,716 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.