In 2022, tuition for full-time students at Colorado School of Mines was $17,520 a year for in-state students and $39,600 a year for out-of-state students.
On average, college tuition goes up about 3% every year.
If these numbers sound impossible, remember, the advertized cost of tuition does not give you all the info you need to know how much you will actually have to pay for college. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theprice of collegemore manageable until you're done with college.
Tuition for international students at Colorado School of Mines is $39,600 per year.
Colorado School of Mines meets 62% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Colorado School of Mines is around $17,211 a year.
Students in the class of 2023 who had taken out student loans graduated with an average of $31,046 of debt.
Colorado School of Mines is a public, state institution, which means it offers a reduced tuition rate of $17,520 for in-state students who attend full-time.Non-Colorado residents can expect to pay 39,600 per year for tuition.
Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending a college where you qualify for in-state tuition can drastically reduce the overall cost of college. Take the time to verify your state's guidelines for how to qualify for in-state tuition. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on the state you and your parents currently live in.
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Colorado School of Mines has the same tuition for international students as for those from out of state.
International students at Colorado School of Mines can expect to pay around $39,600 per year, before any scholarships or financial aid.
International students are not eligible for federal financial aid, but may be eligible for private or Colorado School of Mines-specific grants, scholarships, and other funding opportunities.
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Colorado School of Mines.
Room and board at Colorado School of Mines costs $16,110 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat all or some of your meals the Colorado School of Mines's on-campus cafeterias and dining halls. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $7,299.
Board costs vary based on on the number of meals you intend to eat on-campus
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.
Keep in mind, there could also be additional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have ways so that those with financial need to find ways to lower or eliminate these costs.
The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus easy to get around on foot? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are not allowed to park a car on campus.
The location of a college or university can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area is sometimes costly, but there may be more buses, trains and affordable flights to actually get to school. The Colorado School of Mines campus is located in a town in Colorado, not far from Denver.
When creating a budget for college, be sure to factor in personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s go over all of the costs we've covered, to get a better idea of how much students can expect to shell out for Colorado School of Mines.
What will the cost of attending Colorado School of Mines be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
In-state Tuition | $17,520 |
Out-of-State Tuition | $39,600 |
Room and Board | $16,110 |
Board Only | $4,716 |
Other expenses | $1,229 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2023, 2,182 of the 5,774 undergrads enrolled received financial aid. Colorado School of Mines meets 62% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $17,211 a year. Around 53.6% of Colorado School of Mines undergrads take out student loans to cover any remaining costs. Colorado School of Mines graduates who have student loans graduate with an average of $31,046 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $20,266 |
Colorado School of Mines-Specific Loans | $4,091 |
Private Loans | $48,278 |
Most Common Loans for Colorado School of Mines Students | |
---|---|
Federal Loans | 52.2% |
Institutional Loans | 4.5% |
Private loans | 12.2% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Colorado School of Mines financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Colorado School of Mines awarded 1,239 need-based scholarships to students, giving away total of $25.8 million to help students with financial need cover the cost of school. An additional $21.56 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Colorado School of Mines students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Colorado School of Mines was $17,211 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Colorado School of Mines seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
In-State, On-Campus | $2,957 |
Net In-state, Off-campus | $9,210 |
Out-of-State, On-Campus | $42,248 |
What will attending Colorado School of Mines really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Colorado School of Mines's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Colorado School of Mines does not have guaranteed tuition.
Colorado School of Mines offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.
Schools sometimes offer tuition waivers to certain groups, to offset the cost of attending. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Colorado School of Mines has some full or partial tuition waivers available for: - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
Colorado School of Mines's endowment was valued at $300 million in 2023, compared to a national average of $905 million. For each full-time student, Colorado School of Mines spends about $17,235 a year.
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Tuition & Fees
$36,150
In State$58,230
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
Application Deadline
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