Grants
Colorado School of Mines
About Financial Aid Grants
Grants are gift aid and do not have to be repaid. Grants are available for both residents and out-of-state students from federal, state and institutional funds. Grants are considered need-based financial aid and eligibility is based on the FAFSA. Grant eligibility is evaluated each academic year. All grants are subject to the standards of Satisfactory Academic Progress.
If you receive other assistance after your initial award, your file will be reviewed and your grant aid could be impacted. Aid from all sources cannot exceed your Cost of Attendance (COA). If you receive additional funding from any source that exceeds the COA or available need, we will reduce self-help aid first (like work study and loans) before reducing gift aid. Students who do not attend full-time will have an adjustment made to their COA for reduced tuition and other components. The reduction in COA may impact calculated need which may adjust grant eligibility beyond the required adjustments listed for grants below. Mines is required to treat scholarships as a resource for financial aid purposes whether it is received by the student or the school.
Federal Grants
Federal Pell Grants are federal funds and may be awarded to undergraduate students who have not yet received a bachelor’s degree and who are U.S. citizens or permanent residents based on the FAFSA. The amount of the award is determined by the FAFSA and is based on each student’s eligibility and the number of hours for which he/she is enrolled. Less than full-time enrollment (12 undergraduate credits) requires the semester amount of the Pell grant to be prorated. Graduate credits do not count toward the Pell grant proration. The full-time semester Pell grant amount is multiplied by the decimal of enrolled credits divided by 12.
$Full time semester amount * (enrolled credits/12) = $Prorated Pell
Example: a maximum Pell eligible student ($3698), who is in 9 credits can receive $2773 for the term
$3698 * (9/12) = $2773
A student’s lifetime eligibility is limited to 600%. Attending one semester receiving a full-time grant would use 50% of the Pell grant award. This calculation will include all institutions where Pell grant funds were received over a student’s undergraduate career.
Federal Supplemental Educational Opportunity Grants (FSEOG) are federal funds awarded to undergraduate students who have not yet received a bachelor’s degree and who are U.S. citizens or eligible noncitizens. FSEOG is awarded to students with exceptional need based on the FAFSA. Unlike Pell grant funds, each institution receives a limited amount of FSEOG funding per year that is distributed among students with the most need. Awards are not guaranteed from year to year based upon fluctuating funding and student populations. Students must be enrolled in at least 6 undergraduate credits (half-time) for their FSEOG award to pay to their bill.
Colorado Grants
The Colorado General Assembly is the source of state-funded student financial assistance for both the Colorado Student Grant (CSG) and Colorado Graduate Grant funds. These funds are awarded based on the FAFSA and Colorado Residency status. Institutions receive a limited amount of funding each year that is distributed among students with the most need. Awards are not guaranteed from year to year based upon fluctuating funding and student populations. Students must be enrolled at least half-time for their award to pay to their account.
Undergraduate Funding: Colorado Student Grants (CSG) are awarded to undergraduate students who have not yet received a bachelor’s degree, who are Colorado residents and are meeting Mines’ satisfactory academic progress policy. Eligibility is are based on the FAFSA. There is no additional application required for review. Students must meet the continuing student priority deadline of April 1 to be considered for the grant after their first year at Mines.
Graduate Funding: Colorado Graduate Grant funds are available to students who have completed a bachelors degree and are working toward a graduate degree at Mines. The Colorado Graduate Grant is available to graduate students who are pursuing a degree in a STEM field. STEM fields are determined by the CIP code on file with the State of Colorado. Only these majors are eligible at this time. Grant award are prorated if students are enrolled less than full time (9 graduate credits). The Financial Aid Office evaluates annual allocations to award students equally and fairly.
Institutional Grants
A Mines Grant is funded by institutional funds awarded to undergraduate students who have not yet received a bachelor’s degree and who are U.S. citizens or eligible noncitizens. The amount of the award is based upon the FAFSA and influenced by need. Incoming students who are awarded a Mines grant are generally able to retain the same amount of the grant from year to year if they file a FAFSA by the continuing student priority deadline (April 1) and have enough need to support the grant award.
Other State Grants
Students from the following states may be eligible for state grants and scholarships and should apply to their state scholarship agency if they have not already done so:
- Connecticut
- Delaware
- District of Columbia
- Michigan
- Pennsylvania
- Rhode Island
- Vermont
More Information
For billing issues contact: Bursar's Office 303-273-3158
For health insurance waivers contact: Student Health Insurance 303-273-3388
For College Opportunity Fund contact: Registrar's Office 303-273-3200
For information on Veteran Affairs contact: Registrar's Office 303-273-3200
Contact Info
Mailing address:
Colorado School of Mines
Financial Aid Office
1301 19th Street
Golden, CO 80401
Office Location:
Ben Parker Student Center, E160
1200 16th St
Golden, CO 80401
Walk-In Hours:
Monday through Friday
9am - 4pm
303-273-3301
Toll-free: 1-888-446-9489
finaid@mines.edu
For scholarship questions, email scholarship@mines.edu
