$4,773

Avg. Federal Grant

$2,400

Avg. Federal Loan

$5,386,581

Total Aid Awarded

Copper Mountain College (CMCCD) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$5.387M

Financial Aid Official Website

www.cmccd.edu/financial_aid

Copper Mountain College (CMCCD) Financial aid offers for the 2020-2021 academic year will continue for incoming freshmen and transfer students as regularly scheduled. The financial aid offer will come within three weeks of admission to the university or receipt of  FAFSA.

Here are some of the scholarships provided by Copper Mountain College (CMCCD) 

  • Academic Merit Scholarship

  • Art Miltz Social Sciences Scholarship

  • Classified Senate Scholarship

  • CMCCD Faculty Scholarship

  • Glenda and Jay Scholarship

  • Elsie Greece Scholarship 

  • Rene Willard Memorial Scholarship

  • STEM Full-time Scholarship

Total Financial Aid Awarded is $5,386,581

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

78%

Institution Grant Aid

4%

Pell Grant

64%

Average Aid Awarded

Federal Grant Aid

$4,773

State Grant Aid

$1,772

Institution Grant Aid

$758

Pell Grant

$4,745

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and federal grants with institutional grants having the highest percentage contribution of 64% with an average aid amount being $4,773.

Pell grants have a percentage of 64% with an average aid amount of $4,745 which is higher than the state grant aid average of $1772.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,702

$30,001 - $48,000

$7,337

$48,001 - $75,000

$5,763

$75,001 - $110,000

$2,762

Over $110,000

N/A

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $6,702 while those with family income over S75,001 to $110,000 can expect to receive an aid amount of $2,762. This helps students who are coming from low-income homes to pay for their degree.

Student Loans for Copper Mountain College (CMCCD)

Average Loan Amount Average Loan Amount received per year.

$2,400/Year

Students Taking Out Loans

4%

Loan Default Rate

17.6%

The Student loan is a kind of financial aid which has to be paid within a stipulated time period. Around 4% of the students of Copper Mountain College avail student loan to fulfil their financial needs. They receive an average loan amount of $2,400 with a loan default rate of 17.6%. 

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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