Scholarships, Grants, and Loan Trends at Intellitec College-Colorado Springs

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 624, which is 59.56 % of all undergraduate students. 478 students which is 46.00% of undergraduate students received federal student loans and the average loan amount is $6,888.
For full-time, first-time beginning students (freshmen), 61.44% of students received grants or scholarships and 52% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Intellitec College-Colorado Springs since 2013.
For that period, the average number of students who received grants aid/scholarships is 624, which is 59.56 % of all undergraduate students. 478 students which is 46.00% of undergraduate students received federal student loans and the average loan amount is $6,888.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14782 (93%)$7,996743 (88%)$4,005574 (68%)$8,440
2014-15922 (73%)$4,130774 (61%)$4,648643 (51%)$8,099
2015-16749 (54%)$4,385738 (53%)$4,127545 (39%)$7,007
2016-17508 (46%)$4,558499 (45%)$4,218362 (33%)$7,298
2017-18543 (55%)$4,786534 (54%)$4,332425 (43%)$6,909
2018-19544 (61%)$4,458538 (61%)$3,893431 (49%)$6,428
2019-20431 (47%)$4,052412 (45%)$3,832342 (38%)$5,852
2020-21543 (54%)$4,156534 (53%)$3,981463 (46%)$5,859
2021-22594 (53%)$4,175571 (51%)$4,020521 (47%)$6,101
Average624 (59.56%)$4,744594 (56.78%)$4,117478 (46.00%)$6,888

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

For the last 10 years, on average, 309 (61.44 % of students) received grants or scholarships and its average amount is $4,490. It can cover 11.12% of tuition & fees ($40,392).
In addition, 259 (51.89 % of students) students get helped from the students loans (average amount : $7,180).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14506 (80%)$3,702381 (61%)$7,250
2014-15503 (84%)$4,223391 (65%)$7,994
2015-16357 (63%)$4,517290 (52%)$6,870
2016-17213 (47%)$4,810169 (37%)$6,963
2017-18211 (60%)$4,988179 (51%)$7,520
2018-19220 (54%)$4,723184 (45%)$6,381
2019-20206 (48%)$4,279177 (41%)$6,405
2020-21271 (54%)$4,400253 (51%)$6,927
2021-22298 (63%)$4,765303 (64%)$8,308
Average309 (61.44%)$4,490259 (51.89%)$7,180
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 292 (58.33 % of students) received Pell (federal) grants and its average amount is $4,195.
In addition, 58 students received State/local government grants/scholarships (11.88 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14491 (78%)$3,394257 (41%)$40098 (16%)$9555 (1%)$2,000
2014-15410 (68%)$4,864129 (21%)$42074 (12%)$1,020--
2015-16353 (63%)$4,172131 (23%)$41366 (12%)$1,0202 (0%)$9,150
2016-17206 (45%)$4,29877 (17%)$38246 (10%)$9545 (1%)$13,172
2017-18205 (58%)$4,361109 (31%)$41255 (16%)$9738 (2%)$7,498
2018-19215 (53%)$4,117111 (27%)$44759 (14%)$8089 (2%)$6,294
2019-20196 (46%)$3,89079 (18%)$42950 (12%)$90111 (3%)$3,637
2020-21267 (54%)$4,05679 (16%)$58313 (3%)$50017 (3%)$3,344
2021-22284 (60%)$4,603119 (25%)$585--33 (7%)$1,301
Average292 (58.33%)$4,195121 (24.33%)$45258 (11.88%)$89111 (2.71%)$5,800
*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..
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 10 years, on average, 259 (51.89 % of students) get any students loan help and its average loan amount is $259.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14381 (61%)$7,250381 (61%)$7,250--
2014-15391 (65%)$7,994372 (62%)$8,24819 (3%)$3,032
2015-16290 (52%)$6,870290 (52%)$6,69513 (2%)$3,896
2016-17169 (37%)$6,963169 (37%)$6,8915 (1%)$2,433
2017-18179 (51%)$7,520178 (50%)$6,94524 (7%)$4,583
2018-19184 (45%)$6,381184 (45%)$6,1899 (2%)$3,930
2019-20177 (41%)$6,405174 (40%)$5,95224 (6%)$4,083
2020-21253 (51%)$6,927248 (50%)$5,81447 (9%)$6,612
2021-22303 (64%)$8,308296 (62%)$5,99493 (20%)$7,990
Average259 (51.89%)$7,180255 (51.00%)$6,66429 (6.25%)$4,570
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