Colorado School of Mines

In 2021, tuition for full-time students at Colorado School of Mines was $17,160 a year for in-state students and $38,460 a year for out-of-state students. On average, colleges raise tuition about 3 percent each year.

If these numbers seem daunting, remember, the "sticker price" of tuition doesn't give you enough information to determine the actual cost. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay for college more manageable.

Tuition for international students at Colorado School of Mines is $38,460 per year.

In-state vs. Out-of-state Tuition at Colorado School of Mines

Colorado School of Mines is a public, state institution, so it offers a reduced tuition rate of $17,160 for in-state students who attend full-time. For students who are not considered Colorado-residents, out-of-state tuition is $38,460 a year.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Attending a school where you qualify for in-state tuition can save significant money on the overall cost of college. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school.

Explore other Colorado colleges

Colorado School of Mines International Student Tuition

Colorado School of Mines has the same tuition for international students as for those from out of state.

International students at Colorado School of Mines can expect to pay around $38,460 per year, before any scholarships or financial aid.

International students are not eligible for federal financial aid, but may be eligible for school-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

Colorado School of Mines Living Expenses and Other Costs

In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies.

Room and Board at Colorado School of Mines

Room and board at Colorado School of Mines is $15,286 a year. This includes the cost of living in dorms or other campus housing, plus a meal plan that allows you to eat in the school dining facilities.

Board costs may vary depending on how many meals are included in the meal plan you choose.

Cost of Books at Colorado School of Mines

The cost of books often surprises first-year college students. At Colorado School of Mines, you can expect to pay about $1,500 a year for books and supplies. This does not count the initial cost of a computer or other technology. The actual cost of books depends on the courses you take and the materials required.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs. Full-time undergrads at Colorado School of Mines pay $2,378 in fees each academic year.

There may also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team, may mean additional fees.

Transportation costs

The total cost of transportation in college can really vary. It depends on if you drive or fly to get to school, own a car, or if you prefer to walk or take public transportation to get around campus.

A school's location can impact transportation costs. The Colorado School of Mines campus is in a small town setting in Colorado, not far from Denver. First-year students are allowed to park a car on campus.

For Colorado School of Mines students, $640 is good ballpark for transportation costs for on-campus students.

Other College Costs

When creating a budget for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

Let’s look at the breakdown of all expenses, which can add up for both on-campus and off-campus students.

Total Cost of Colorado School of Mines

2021 Total Tuition and Expenses
In-state Tuition	$17,160
Out-of-State Tuition	$38,460
Room and Board	$15,286
Books and Supplies	$1,500
Yearly Fees	$2,378
Transportation	$640
Other expenses	$1,229

Total Estimated Costs

Tuition and fees may vary depending on program, course level, location, and more.

Colorado School of Mines’s tuition and fees change based on: Course load for part-time students

Colorado School of Mines Financial Aid

The majority of Colorado School of Mines undergrads use financial aid to help pay for school. In 2021, 2,227 of the 5,216 undergrads enrolled received financial aid. Colorado School of Mines meets 58 percent of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $17,816 a year. Around 50.2 percent of Colorado School of Mines undergrads take out student loans to cover any remaining costs. Colorado School of Mines graduates who have student loans graduate with an average of $32,684 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$21,299
State Loans	$0
Colorado School of Mines-Specific Loans	$3,685
Private Loans	$44,479

Most Common Loans for Colorado School of Mines Students
Federal Loans	48.6%
Institutional Loans	5.7%
Private loans	13.2%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Colorado School of Mines financial aid, keep reading, or visit their financial aid website.

Scholarships at Colorado School of Mines

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2021, Colorado School of Mines awarded 1,301 need-based scholarships to students, giving away total of $23,996,067 to help students with financial need cover the cost of school. An additional $17,593,753 in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Colorado School of Mines

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Colorado School of Mines students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Colorado School of Mines was $17,816 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Colorado School of Mines seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$1,921
Net In-state, Off-campus	$4,887
Out-of-State, On-Campus	$41,037

What will attending Colorado School of Mines really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Colorado School of Mines's net cost calculator on their website.

Colorado School of Mines Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Colorado School of Mines does not have guaranteed tuition.

The school offers a Prepaid Tuition Plan, which is a type of college savings plan that enables people to purchase future credits for their children at today's rate. It is best for people who are sure they or their child will attend a public school in their state.

Colorado School of Mines offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Colorado School of Mines offer tuition waivers?

Schools sometimes offer tuition waivers to certain groups to cover some or all of the cost of tuition. Some schools offer them for employees and their family, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student

Colorado School of Mines has some full or partial tuition waivers available for: Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.