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Financial Aid

Need-Based vs Merit

We remain committed to the philosophy that cost should not deter a student from considering Colorado College. The college administers a substantial financial aid program and uses financial need as the primary consideration in awarding aid. Additionally, merit-based aid is awarded to a select group of applicants.

Need-Based Financial Aid

At Colorado College, we believe that one of the best investments is a good education, and its pursuit should not be compromised by financial concerns. Many families mistakenly assume they cannot afford a private liberal arts education. However, Colorado College seeks a highly qualified and diverse student body. For this reason, we offer a strong financial aid program that enables students from all economic backgrounds to enroll. We strongly urge you to explore the possibility of financial aid as you plan your college education. To assist in this endeavor, we recommend that you utilize our Net Price Calculator to help estimate the cost of attendance.

It is our goal to make Colorado College affordable to all admitted students who apply for assistance on time. We award Colorado College grant assistance based on your financial eligibility and admission credentials.

There is also a limited amount of financial aid available for non-U.S. citizens and transfer students. A financial aid award usually includes a combination of grants, federal loans (for U.S. citizens and permanent residents only), and possible work-study earnings.

Merit Scholarships

While the majority of financial aid is need-based, we do offer a limited number of merit-based scholarships. These include the Leadership, Trustee, Presidential, and Barnes. The Barnes Scholarship is the only scholarship that requires a separate application. Recipients for the Leadership, Trustee, and Presidential awards are selected by the Admission Committee based on academic talent and potential contributions to the campus community as demonstrated in their application for admission.

There are also scholarships available through our two NCAA Division I athletic programs — women’s soccer and men’s ice hockey.

Required Documents

Colorado College is committed to making education affordable, especially as college costs continue to rise.  For those who qualify, we do this by offering a comprehensive financial aid package that consists of several components including institutional, state, and federal aid sources. Students who are interested in being considered for federal financial aid must complete the Free Application for Federal Student Aid (FAFSA). Federal financial aid consists of Federal Stafford student loans and Federal Parent Loans, Federal Work-study, Federal Pell Grant, and Federal Supplemental Educational Opportunity Grant. 

In most cases, federal financial aid alone will not cover the entire cost of attendance at Colorado College.  For those students who need additional assistance beyond what is available from the federal government, we require the College Board’s CSS PROFILE financial aid application to be completed. CC designates a substantial amount of non-federal grant funds for students who qualify based on the family’s financial circumstances. In order to distribute funds in an equitable manner, we ask applicants who are interested in being considered for aid from Colorado College to complete the College Board CSS PROFILE application.  At CC, it is our goal to fund 100 percent of a student’s demonstrated eligibility (sometimes referred to as need) and this application assists us with that process. The CSS PROFILE is also the application used by CC to determine eligibility for non-federal funds for our international students. 

All prospective students applying for need-based financial aid from both federal and non-federal sources should submit the following documents (please see the Financial Aid Priority Dates and Timeline page for detailed information):

U.S. Citizens and Permanent Residents

Non-U.S. Citizens

We encourage all students and parents to read the Financial Aid Policies Handbook This handbook includes the cost of attendance, an explanation of the methods used to determine your eligibility for aid, the steps necessary to apply for Stafford loans, information on alternative financing options and much more.

Contact the Financial Aid Office

  • James M. Swanson, Director of Financial Aid
  • Elaine Redwine, Associate Director of Financial Aid
  • Gaye L. Scheafer, Assistant Director of Financial Aid
  • Kathy Gonzalez, Financial Aid Counselor
  • Lucie Holloway, Communication & Student Employment Coordinator
  • Libby Fletcher, Financial Aid Coordinator
  • Colleen Smith, Financial Aid Specialist

financialaid@coloradocollege.edu
800-260-6458 or 719-389-6651
Fax: 719-389-6173

Spencer Center, 1st Floor                                                                                                        14 E. Cache La Poudre St.
Colorado Springs, CO 80903

Hours of operation: Monday - Friday, 8:30am - 5:00pm