Help Pay for Your Education with Grants
Federal, state or local grant funds generally do not have to be repaid
Federal Pell Grant
Pell Grants are awarded to help undergraduates (students who have not earned a Bachelor or Professional Degree) pay for their education after high school. For many students, these grants provide a "foundation" of financial aid to which aid from other federal and non-federal sources may be added. Grants generally do not have to be repaid. Awards may range up to $6,895 during the 2022-23 academic year. See Federal Pell Grants
Federal Pell Grant Recalculation Date
Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor's, graduate, or professional degree.
The Federal Pell Grant Program regulations (§690.80 Recalculation of a Federal Pell Grant award) specify a school must recalculate an award to take enrollment changes into account. The recalculation may require adjustments in the student's initial Pell award. Colorado Mountain College, as part of its policy, will recalculate a student's award only when the change in enrollment status occurs before the Pell Recalculation Date (PRD) in the payment period.
Effective beginning Fall 2021 CMC’s policy set a date after which Pell Grants will not be recalculated for enrollment status changes. For example, CMC policy is that we will recalculate Pell awards only for enrollment changes that occur up to the PRD of a term. This policy is true regardless of whether there is compressed coursework. Students are strongly encouraged to finalize their course schedule before the PRD.
2022-2023 Pell Recalculation Date:
Federal Supplemental Education Opportunity Grants (SEOG)
The FSEOG Grant is a grant to help pay for a student's education after high school. It is for undergraduates only. A student could get up to $1,800 per academic year, depending on need, the availability of FSEOG funds at CMC, and the amount of other aid awarded. See FSEOG Grants
Colorado State grants include:
College Responsibility Program (CRP)
Colorado residents enrolled at least half time may get up to $4,000 per academic year from CRP per academic year, depending on need, the availability of CRP funds at CMC, and the amount of other aid awarded. To be eligible for the funding, you must complete either a FAFSA or a CASFA for the applicable year. Additionally, you must submit any documents if requested or selected for Verification. Eligible funding will be awarded based on a students EFC to all eligible students based on time of awarding. Funding will continue to be awarded until exhausted so applying early is best if you are eligible or you may not receive CRP.
Colorado Application for State Financial Aid (CASFA)
The General Assembly passed H.B. 19-1196, Financial Aid For Students with In-state Tuition, which allows state aid to be awarded for 2022/2023 to students who do not have lawful immigration status but have resided in the state for at least three years before graduating from a Colorado high school or passing a high school equivalency exam. Student who do not have lawful immigration status and who do not meet the qualifications listed above are also encouraged to apply for institutional aid using the CASFA.
Foster Youth Financial Assistance Program
Higher Education Support For Foster Youth (SB 22-008) requires that all public higher education institutions provide Colorado resident students who have been in foster care in Colorado at any time on or after reaching the age of 13, with financial assistance for the remaining balance of the student's total cost of attendance over the amount of any private, state, or federal financial assistance received by the student. These costs are split, with 50% of the cost being covered by the institution and 50% will be covered by the state. If you were placed in Foster Care in Colorado at any time on or after your 13th birthday, see the State's website for additional information. You can also contact a Financial Aid Specialist for CMC specific information.
Short Career and Technical Education Certificate (CTE)
CTE funds are a limited and restricted pool of funds for students in short, technical programs that are not otherwise eligible for federal or state aid or concurrently in an aid-eligible program. Awarding requirements require a complete and valid FAFSA for the appropriate aid year, enrolled in at least 12 degree-applicable credits and making Satisfactory Academic Progress. Students may receive $1000 or more (maximum allowable is $2250).
Award amounts are subject to change; stay in touch with the financial aid office.