How Mines's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Colorado School of Mines since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,706, which is 74.80 % of all undergraduate students. 1,939 students which is 39.70% of undergraduate students received federal student loans and the average loan amount is $6,750.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,885 (67%)	$9,138	737 (17%)	$4,058	1,950 (45%)	$7,106
2014-15	3,010 (68%)	$9,502	752 (17%)	$4,136	1,973 (44%)	$7,138
2015-16	3,198 (69%)	$9,794	693 (15%)	$4,099	1,913 (42%)	$7,023
2016-17	3,319 (72%)	$10,224	673 (15%)	$4,200	1,845 (40%)	$7,109
2017-18	3,540 (74%)	$10,833	769 (16%)	$4,492	1,942 (41%)	$6,828
2018-19	3,691 (75%)	$11,411	744 (15%)	$4,551	1,946 (39%)	$6,555
2019-20	3,924 (76%)	$11,628	783 (15%)	$4,425	1,988 (39%)	$6,452
2020-21	4,158 (80%)	$11,772	716 (14%)	$4,683	1,981 (38%)	$6,518
2021-22	4,517 (83%)	$11,504	727 (13%)	$4,415	1,931 (35%)	$6,403
2022-23	4,813 (84%)	$10,790	760 (13%)	$4,756	1,918 (34%)	$6,370
Average	3,706 (74.80%)	$10,660	735 (15.00%)	$4,382	1,939 (39.70%)	$6,750

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 11 years, on average, 1,001 (85.20 % of students) received grants or scholarships and its average amount is $10,630. It can cover 23.95% of tuition & fees ($44,376) based on out-of-state rate.

In addition, 493 (42.90 % of students) students get helped from the students loans (average amount : $8,590).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	735 (77%)	$9,061	415 (44%)	$8,353
2014-15	773 (77%)	$9,741	466 (47%)	$7,955
2015-16	816 (81%)	$9,992	465 (46%)	$6,674
2016-17	803 (82%)	$10,725	430 (44%)	$8,485
2017-18	934 (82%)	$10,829	484 (43%)	$7,896
2018-19	971 (81%)	$11,774	490 (41%)	$8,734
2019-20	1,064 (83%)	$11,583	539 (42%)	$9,165
2020-21	1,130 (98%)	$10,778	508 (44%)	$10,009
2021-22	1,365 (97%)	$10,614	564 (40%)	$8,866
2022-23	1,414 (94%)	$11,204	573 (38%)	$9,759
Average	1,001 (85.20%)	$10,630	493 (42.90%)	$8,590

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 11 years, on average, 148 (12.70 % of students) received Pell (federal) grants and its average amount is $4,411.

In addition, 120 students received State/local government grants/scholarships (10.20 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	134 (14%)	$3,967	8 (1%)	$3,688	100 (10%)	$1,520	729 (76%)	$8,157
2014-15	140 (14%)	$4,129	9 (1%)	$2,444	128 (13%)	$2,035	771 (77%)	$8,650
2015-16	100 (10%)	$4,153	6 (1%)	$1,933	82 (8%)	$2,432	813 (81%)	$9,259
2016-17	111 (11%)	$4,201	3 (0%)	$4,000	85 (9%)	$2,707	801 (82%)	$9,867
2017-18	172 (15%)	$4,330	6 (1%)	$3,667	132 (12%)	$2,095	926 (82%)	$9,796
2018-19	141 (12%)	$4,436	8 (1%)	$4,000	93 (8%)	$3,027	967 (81%)	$10,852
2019-20	164 (13%)	$4,540	13 (1%)	$3,586	131 (10%)	$3,608	1,061 (83%)	$10,425
2020-21	155 (13%)	$4,704	21 (2%)	$2,645	133 (11%)	$2,975	1,130 (98%)	$9,733
2021-22	164 (12%)	$4,686	13 (1%)	$3,508	154 (11%)	$2,847	1,365 (97%)	$9,697
2022-23	197 (13%)	$4,964	7 (0%)	$3,557	157 (10%)	$3,792	1,413 (93%)	$10,081
Average	148 (12.70%)	$4,411	9 (1.13%)	$3,303	120 (10.20%)	$2,704	998 (85.00%)	$9,652

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 11 years, on average, 493 (42.90 % of students) get any students loan help and its average loan amount is $493.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	415 (44%)	$8,353	403 (42%)	$5,667	85 (9%)	$13,914
2014-15	466 (47%)	$7,955	452 (45%)	$5,577	81 (8%)	$14,645
2015-16	465 (46%)	$6,674	402 (40%)	$5,282	63 (6%)	$15,556
2016-17	430 (44%)	$8,485	420 (43%)	$5,500	75 (8%)	$17,843
2017-18	484 (43%)	$7,896	477 (42%)	$5,467	62 (5%)	$19,582
2018-19	490 (41%)	$8,734	477 (40%)	$5,290	90 (8%)	$19,513
2019-20	539 (42%)	$9,165	525 (41%)	$5,236	108 (8%)	$20,287
2020-21	508 (44%)	$10,009	495 (43%)	$5,292	100 (9%)	$24,651
2021-22	564 (40%)	$8,866	555 (40%)	$5,199	91 (6%)	$23,238
2022-23	573 (38%)	$9,759	550 (36%)	$5,164	110 (7%)	$25,017
Average	493 (42.90%)	$8,590	476 (41.20%)	$5,367	87 (7.40%)	$19,425

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Scholarships, Grants, and Loan Trends at Mines

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time