Are you a Colorado resident with plans for college?
According to the National Center for Education Statistics, tuition rates in Colorado average $14,240 for in-state residents attending a public four year institution.
This number more than doubles for in-state students attending private four year colleges, averaging about $29,331.
According to the Project on Student Debt, this means each student attending one of Colorado’s many prestigious universities or colleges can expect to complete his education with a diploma and approximately $22,017 of debt.
Sound a bit overwhelming?
The rising cost of tuition, along with several other factors, has resulted in a significant dropout rate in the state. According to College Board, only 41.5 percent of students who enroll in a Colorado college, university, or technical school actually earn their degree.
If the rising cost of tuition has you worried about or reconsidering your higher education, here’s some good news for you. Grants and scholarships are available for Colorado residents.
Both types of financial assistance are free, in the sense that they don’t have to be repaid. There are, of course, certain deadlines, qualifications, and requirements of each you’ll need to be aware of.
Grant and Scholarship Opportunities
- Colorado Common Grant – The Colorado Common Grant allows organizations to create request their own grants. Once an application is completed, grant makers will evaluate the suggested grant and determine whether there is available funding forit.
- The Pinnacol Foundation College Scholarship – The Pinnacol Foundation College Scholarship Program provides tuition assistance to students whose parents were seriously injured or killed on the job while working for a Colorado employer. Students must be between the ages of 16 and 25 to apply, must be able to submit documentation of their parent or guardian’s incident, must possess a high school diploma or GED, and must be enrolled or planning to attend an accredited college in the United States.
- The White Rose Scholarship – Any resident planning on attending college in Colorado can take advantage of the White Rose Scholarship. This scholarship, developed in 1994 by the Rocky Mountain Court System, provides eligible students with awards ranging from $500 to $2,500.
- Colorado Early Achievers – High school students in seventh, eighth, or ninth grade can receive up to $1,500 a year from College Invest. This scholarship provides these students with the funding they need to start taking pre-collegiate courses in high school so they are ready for college upon graduation. Students must agree to complete all coursework before graduation and maintain a grade point average of 2.5 to be eligible.
- Eagle Legacy Foundation Scholarship – The Eagle Legacy Foundation Scholarship provides qualified students with a minimum of $1,000 a year toward their education goals. Students must be resident of Colorado, be between the ages of 17 and 40, and must commit to at least nine credit hours.
- Colorado Space Grant – The Colorado Space Grant provides students with an opportunity to learn and experience space so they will be prepared for work with NASA. Students can learn how to build telescopes, design and test satellites, write high-tech papers, and test aerospace technology. This program is established on 12 campuses across Colorado and provides students with the knowledge they need to succeed in a space-related field.
Student debt or dropout rates don’t have to be part of your college story. Use the information provided here to apply for one of the many scholarships and grants available for Colorado residents and get the diploma without the burdensome debt!