What kinds of student aid are available through Colorado Mountain College?
Financial aid available through Colorado Mountain College falls into four categories. a. Scholarships are awards given to students which are based on a specific criteria such as grade point average or outstanding ability. These criteria are specified by the agency creating the scholarship and vary greatly between programs. Scholarships normally do not require repayment. A separate application is required. b. Grants are financial aid programs usually provided by state and federal agencies. These funds are awarded on the basis of financial need and do not require repayment. c. Educational loans are long-term, low interest loans. Students are authorized to borrow up to a specified amount. Interest and repayment usually does not begin until after you have completed or ended your studies. d. Student employment gives our students the opportunity to gain work experience while earning needed funds to help meet educational expenses. Students are customarily paid on an hourly basis.
