Colorado Technical University (CTU) Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$70.813M
Financial Aid Official Website
www.coloradotech.edu/Tuition-And-Financial-Aid/Ground
Students can avail of scholarships provided by the university, such as Boettcher Foundation Scholarship and Colorado Ski Authority Annual Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 92% of students at CTUCS receive some kind of financial aid, while the total amount of assistance/loans provided is $132,668,432. The total percentage of candidates applying to Colorado Technical University-Colorado Springs who receive the Federal Grant is 82%. On the other hand, 89% of the candidates get the Student Grant, 23% receive the Institution Grant, and 82% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,716, while the same comes to $1,875 for State Grant receivers and $2,803 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,681. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Colorado Technical University-Colorado Springs, the percentage of candidates who opt to avail of student loans is around 75%.
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