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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. US Citizens who were admitted to Colorado College and did not apply for need-based institutional financial aid by the published financial aid application deadlines will be required to successfully complete 16 blocks at Colorado College before they are eligible to be considered for institutional grant assistance. International students who were admitted to Colorado College and did not apply for need-based institutional financial aid by the published financial aid deadlines must demonstrate that they have the resources to fully fund their Colorado College education for eight semesters. For more information about our financial aid policy read more here.

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. Merit Scholarships do not require an additional application. 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). 

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. 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

  • College Board CSS/Financial Aid PROFILE (for Colorado College grant consideration)
  • Certification of Income from Employer
    • The Certification of Income from Employer must be written in English and provide the amount of earnings in $ US Dollars the parent received during the last complete calendar year.  A separate Certification must be obtain for both parents living together  in the same household. A separate Certification must be included from each employer if the parent has worked for more than one employer during the last complete calendar year.

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.