by our College Data Analytics TeamA large number of students will never be charged 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 price tag of going to Spartan College of Aeronautics and Technology can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Spartan College - Denver provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to discover just how much financial aid could be open to you.
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 Spartan College of Aeronautics and Technology.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Spartan College of Aeronautics and Technology, 48% of the incoming full-time class was awarded financial aid some 23 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $8,524 |
| Institutional grants & scholarships | 15% | $8,266 |
| Federal Pell grants | 33% | $8,338 |
| State/local grants | 0% | — |
| Federal student loans | 33% | $11,011 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, some 14% of undergrads got grants or scholarships worth on average $8,501 (covering around 46 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 14% | $8,501 |
| Federal Pell grants | 12% | $8,203 |
| Federal student loans | 12% | $9,511 |
For students living on campus and receiving title-IV aid, grants averaged $7,654.
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 | $30,655 |
| $30,001 – $75,000 | $32,387 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $30,065 |
| Off-campus title-IV students | $30,922 |
For a personalized estimate based on your family’s financial situation, use Spartan College - Denver’s net price calculator: www.spartan.edu/calculator/den/.
The median student at Spartan College - Denver graduates with $14,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,750 |
| Median federal debt (graduates only) | $19,188 |
| Typical 10-year monthly payment (graduates) | $203.42/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Spartan College - Denver.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $9,500 |
| 75th percentile | $23,125 |
| 90th percentile (highest-debt students) | $26,250 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,580 |
| Middle income | $15,000 |
| High income | $13,168 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,052 |
| Continuing-generation students | $13,957 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,957 |
| Independent students | $18,351 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Spartan College - Denver.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Spartan College - Denver:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5135 |
| Total Stafford loan amount | $85,546,826 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $317,042 |
| Average GI Bill amount per recipient | $28,822 |
References
More about our data sources and methodologies.