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 Mines grant funds. Grants are considered “need-based” financial aid. They are based on your need as determined by the federal government through the FAFSA and the Financial Aid Office.
If you receive other assistance after your initial award is done, your file will be reviewed and your award could be changed. In general, need-based grants (e.g., Mines or Colorado) and student self-help (work-study and loans) will each be reduced. We are required to treat scholarships as a resource.
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. The amount of the award is determined by the federal government and is based on each student’s eligibility and the number of hours for which he/she is enrolled. Beginning in the 2012-13 academic year a student’s eligibility is limited to 600%. Attending one semester full-time would equal 50%. This calculation will include all institutions where Pell grant funds were received.
Federal Supplemental Educational Opportunity Grant (FSEOG)
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. Unlike Pell grant funds, each institution receives a limited amount of FSEOG funding per year.
Colorado State Grant
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. 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. Awards are based on the expected family contribution (EFC) determined through the FAFSA. There is no additional application required for review. Graduate Grant funds are available to graduate level students who are Colorado residents and who have demonstrated need on the FAFSA.
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.
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 and Vermont.