Colorado School of Mines uses the results of the FAFSA (Free Application for Federal Student Aid) to determine a student's Financial Aid package.
Generally, no. With the exception of athletic, ROTC and E-days scholarships, your admissions information is sufficient.
Yes. Financial situations can change markedly from one year to the next, so the Feds require you to complete the FAFSA for every year that you wish to receive aid.
Loans and work-study are two components of financial aid. Grants are reserved for those students who are most in need of financial assistance.
No. Cost of Attendance is all of the expenses that you incur while you are attending school. These include room and board; personal items such as shampoo, deodorant, snacks; entertainment; etc. Your bill only covers the costs that are payable to the university.
You should arrive on campus with enough resources to purchase your books from the bookstore. Financial Aid funds in excess of the amount owed to the school will be available in the form of a check after classes begin.
Many outside scholarships arrive 4 to 6 weeks after classes begin. It is best to buy books, then reimburse yourself with scholarship funds.
Under federal regulation, we are not allowed to disburse funds to students prior to the beginning of the semester.
Yes. We do not assume that you want to borrow money every year that loans are awarded. You have to tell us that you want to borrow and how much you want to borrow.
No. Through our President's scholarship, which recognizes outstanding prior achievement and future potential and our need-based grant programs, we provide more than $8 million in gift assistance (tuition discounts) to undergraduate students.
No. This is a common misconception you need to avoid. Simply because your parents sign a form saying you are "emancipated" and are not receiving their support does not mean financial aid will pay your bills. You must meet the federal guidelines to be considered self-supporting for financial aid purposes.