$6,079

Avg. Federal Grant

$8,963

Avg. Federal Loan

$1,265,541

Total Aid Awarded

CollegeAmerica-Colorado Springs Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$1.266M

Financial Aid Official Website

N/A

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $658,067. The total percentage of candidates applying to CollegeAmerica-Colorado Springs who receive the Federal Grant is 100%. On the other hand, 100% of the candidates get the Student Grant, 57% receive the Institution Grant, and 100% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,114. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CCS, an estimated number of 71% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

88%

State Grant Aid

N/A

Institution Grant Aid

37%

Pell Grant

88%

Average Aid Awarded

Federal Grant Aid

$6,079

State Grant Aid

N/A

Institution Grant Aid

$3,426

Pell Grant

$5,924

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,221

$30,001 - $48,000

$3,040

$48,001 - $75,000

$2,568

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for CollegeAmerica-Colorado Springs

Average Loan Amount Average Loan Amount received per year.

$8,352/Year

Students Taking Out Loans

93%

Loan Default Rate

N/A

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