Thursday, August 16, 2018

Thursday, August 16, 2018

Cost of college went up for all students at Colorado School of Mines

In-state tuition and fees rose 3 percent for 2017-18 at Colorado School of Mines, according to the latest disclosure from the U.S. Department of Education.


In-state tuition and fees rose 3 percent for 2017-18 at Colorado School of Mines, according to the latest disclosure from the U.S. Department of Education.

Colorado residents paid $18,386 to attend the four-year public institution this year $544 more than the $17,842 charged for 2016-17.

Non-residents paid 103.6 percent more than residents this year, or $37,436. Their price tag grew 3.5 percent from $36,172 in 2016-17.

About 52 percent of the school's undergraduate population are Colorado residents. About 43 percent are residents of other states and 4 percent are citizens of other countries.

Data shows 90 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 816 students received grants or scholarships totaling $8.15 million and 465 students took out student loans totaling more than $3.1 million.

Including all undergraduates, 2,938 students used grants or scholarships totaling $23.9 million. Another 1,913 took out $13.43 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
In-state
~3,156
$16,918
$17,353
$17,842
$18,386
8.7%
Out-of-state
~2,610
$33,598
$34,828
$36,172
$37,436
11.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Colorado School of Mines in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
106
11%
$426,888
$4,027
State / local grant or scholarship
82
8%
$199,436
$2,432
Institutional grants or scholarships
813
81%
$7,527,446
$9,259
Grant or scholarship aid total
816
81%
$8,153,770
$9,992
Federal student loans
402
40%
$2,123,325
$5,282
Other student loans
63
6%
$980,054
$15,556
Student loan aid
465
46%
$3,103,379
$6,674
Total student aid
903
90%

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