Scholarships, Grants, and Loan Trends at Technical College of the Rockies

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 92, which is 21.78 % of all undergraduate students. 68 students which is 15.22% of undergraduate students received federal student loans and the average loan amount is $5,588.
For full-time, first-time beginning students (freshmen), 53.44% of students received grants or scholarships and 34% 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 Technical College of the Rockies since 2013.
For that period, the average number of students who received grants aid/scholarships is 92, which is 21.78 % of all undergraduate students. 68 students which is 15.22% of undergraduate students received federal student loans and the average loan amount is $5,588.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14110 (13%)$4,072110 (13%)$3,481100 (12%)$5,966
2014-15100 (12%)$4,582100 (12%)$3,58481 (10%)$6,462
2015-1676 (12%)$4,85276 (12%)$3,50571 (11%)$5,900
2016-17125 (31%)$3,40494 (23%)$3,31676 (19%)$5,348
2017-1881 (19%)$4,95881 (19%)$3,25865 (15%)$6,008
2018-1971 (19%)$5,81571 (19%)$3,78170 (18%)$5,898
2019-20100 (35%)$5,352100 (35%)$3,63991 (32%)$5,100
2020-2196 (31%)$5,44485 (27%)$3,81954 (17%)$5,570
2021-2273 (24%)$7,06473 (24%)$3,0978 (3%)$4,044
Average92 (21.78%)$5,06088 (20.44%)$3,49868 (15.22%)$5,588

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

For the last 10 years, on average, 40 (53.44 % of students) received grants or scholarships and its average amount is $5,073. It can cover 144.89% of tuition & fees ($3,501) based on out-of-state rate.
In addition, 26 (34.33 % of students) students get helped from the students loans (average amount : $4,976).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1451 (50%)$4,63245 (44%)$5,752
2014-1545 (41%)$4,23037 (34%)$5,801
2015-1640 (49%)$5,46025 (30%)$5,380
2016-1745 (53%)$4,04833 (39%)$4,389
2017-1835 (78%)$3,89117 (38%)$5,307
2018-1926 (44%)$5,13519 (32%)$5,145
2019-2041 (58%)$5,40237 (52%)$4,723
2020-2138 (75%)$4,97919 (37%)$4,750
2021-2235 (33%)$7,8773 (3%)$3,534
Average40 (53.44%)$5,07326 (34.33%)$4,976
*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, 39 (52.22 % of students) received Pell (federal) grants and its average amount is $3,576.
In addition, 30 students received State/local government grants/scholarships (39.22 % 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
2013-1451 (50%)$3,8587 (7%)$48647 (46%)$768--
2014-1545 (41%)$3,46310 (9%)$34033 (30%)$942--
2015-1640 (49%)$3,7604 (5%)$50039 (48%)$1,5063 (4%)$2,417
2016-1744 (52%)$3,1745 (6%)$50026 (31%)$1,4621 (1%)$2,000
2017-1835 (78%)$2,9042 (4%)$50020 (44%)$1,5781 (2%)$2,000
2018-1926 (44%)$3,6452 (3%)$50016 (27%)$2,2341 (2%)$2,000
2019-2041 (58%)$3,9523 (4%)$66735 (49%)$1,642--
2020-2133 (65%)$3,80611 (22%)$1,35124 (47%)$2,031--
2021-2235 (33%)$3,61819 (18%)$2,65633 (31%)$2,988--
Average39 (52.22%)$3,5767 (8.67%)$83330 (39.22%)$1,6832 (2.25%)$2,104
*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, 26 (34.33 % of students) get any students loan help and its average loan amount is $26.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1445 (44%)$5,75245 (44%)$5,752--
2014-1537 (34%)$5,80137 (34%)$5,801--
2015-1625 (30%)$5,38025 (30%)$5,380--
2016-1733 (39%)$4,38933 (39%)$4,389--
2017-1817 (38%)$5,30717 (38%)$5,307--
2018-1919 (32%)$5,14519 (32%)$5,145--
2019-2037 (52%)$4,72337 (52%)$4,723--
2020-2119 (37%)$4,75019 (37%)$4,750--
2021-223 (3%)$3,5343 (3%)$3,534--
Average26 (34.33%)$4,97626 (34.33%)$4,976--
Most Searched Colorado Colleges (last 30 days)
Related Articles and Ads