Cost and Financial Aid

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Cost and Financial Aid Information

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Mines scholarships are awarded based on the information in the student's admissions application.  All students, who are U.S. citizens or U.S. permanent residents and are accepted by March 1st are eligible for consideration. Scholarship awarding is based on the highest of either the ACT composite score OR the SAT critical reading and math score, along with the student's high school GPA received at the time of admission.  Only scores received as of February 1st will be considered.  

New fall transfer students, who are U.S. citizens or U.S. permanent residents, may be considered for Phi Theta Kappa Merit Scholarship.

Additional scholarship information can be found here.

Mines students are encouraged to apply for outside scholarships.  Students can research FREE scholarship opportunities at:

Please check with your high school guidance office or the Mines Financial Aid Office if you need a "second opinion" about a scholarship program.


Accepted Mines students who are applying for financial aid will need to complete the Free Application for Federal Student Aid (FAFSA).

To make FAFSA processing as smooth as possible, the student and one parent should apply for a FSA ID during the fall of the student's senior year in high school at  

The FAFSA can be filed on the web, after January 1st of the student's senior year at  The school code for Mines is 001348.  The priority date for submitting the FAFSA is March 1st.

  Colorado Resident Out-of-State Student
Tuition $16,170 $35,220
Fees* $2,216.18 $2,216.18
Room and Board** $11,897 $11,897
Books and Supplies $1,500 $1,500
Personal Expenses $1,215 $1,215
Transportation $650 $650
TOTAL $33,648.18 $52,698.18
Per Credit Hour*** $539 $1,174

*The allowance for fees is based on the mandatory fees charged to all students, and does not include such fees as orientation, library fees, yearbook, refrigerator rental, voice messaging, etc.

**The Room and Board (living expenses) estimate is the average cost of a double room on campus and the cost of a weekly meal plan. This estimate may change if you live off campus or with your parents.

***If resident students enroll for fewer than 15 credits, tuition will be charged on a per-credit-hour basis at $539.00 per credit.  For non-residents, if students enroll for fewer than 15 credits, tuition will be charged at $1,174.00 per credit. Students registered for 19.5 and higher credit hours will be charged an additional per credit fee of $539.00 for resident students and $1,174.00 for non-resident students.

Colorado Residents: The tuition figure listed takes the College Opportunity Fund into account.  Do not subtract the College Opportunity Fund allowance from this figure.

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