Intellitec College Financial Aid and Scholarships
Students Receiving Aid
55%
Total Aid Amount
$2.599M
Financial Aid Official Website
www.intelliteccollege.com/financial-aid/
Notably, 64% of the students at Intellitec College-Colorado Springs get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,770,280. The total percentage of candidates applying to Intellitec College-Colorado Springs who receive the Federal Grant is 53%. Meanwhile, 54% of the applicants receive the Student Grant and 2% are awarded the Institution Grant, while 53% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,347, and the same stands at $808 for State Grant awardees and $6,294 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,893. 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. Candidates are also required to repay these loans within a given period. Every year, around 45% of the applicants to Intellitec College-Colorado Springs opt for student loans.