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Annual Costs

Undergraduate Tuition

Tuition for Colorado Technical University Greenwood Village is $11,293 for the 2017/2018 academic year. This is 22% cheaper than the national average private for-profit four year college tuition of $14,395. The cost is 25% cheaper than the average Colorado tuition of $15,087 for 4 year colleges. Tuition ranks 19th in Colorado amongst 4 year colleges for affordability and is the 22nd most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional fees of $368 in addition to tuition bringing the total effective in-state tuition to $11,661.

Housing Costs

Colorado Technical University Greenwood Village doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Aurora area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $9,603.

Books and Supplies

The estimated annual cost for books and supplies is $1,221.

Other Living Expenses

Off-campus students should budget for $2,655 in other miscellaneous living expenses.

Total Costs

The annual tuition and living expense budget to go to Colorado Tech was $25,140 for the 2017/2018 academic year. The cost is the same for all students regardless of Colorado residence status as there is no in-state discount. Students residing at home with parents providing food and housing can expect a total cost of $15,384.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Colorado Technical University Greenwood Village and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Colorado Technical University Greenwood Village
Estimated Budgets
Colorado Resident Total Budget (Living Off Campus)$25,140
   In-State Tuition$11,293
   Other Fees$368
   Off-Campus Housing Budget$9,603
   Off-Campus Other Budget$2,655
   Books and Supplies$1,221
Colorado Resident Total Budget (Living with Parents)$15,384
   In-State Tuition$11,293
   Other Fees$368
   Family Provided Room and Board$0
   With-Family Other Living Budget$2,502
   Books and Supplies$1,221
Non-Resident Total Budget (Living Off Campus)$25,140
   Out-of-State Tuition$11,293
   Other Fees$368
   Off-Campus Housing Budget$9,603
   Off-Campus Other Budget$2,655
   Books and Supplies$1,221

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What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $25,140 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Colorado Tech net price for in-state students is $18,785* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

82% of Colorado Technical University Greenwood Village students received grant aid in 2014/2015. The average total aid amount was $5,767. 82 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,801. To apply for a Pell Grant to attend Colorado Technical University Greenwood Village, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Colorado Technical University Greenwood Village
Financial Aid Summary
Average Annual Net Price$18,785*
Percent of Students Receiving Grant Aid82%
Average Total Grant Aid$5,767
Percent of Students Receiving Pell Grants82%
Average Amount of Pell Grant Aid$4,801

Average Net Price by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$18,919
$30,001 to $48,000$17,707
$48,001 to $75,000n/a
$75,001 to $110,000n/a
$110,000+n/a

Average Financial Aid Mix - $25,140 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $25,140. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

26%
34%
40%

Grants and Scholarships

 26% - $5,767

Money granted to you by the U.S. Department of Education, Colorado Technical University Greenwood Village or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 34% - $7,653

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 40% -  $9,065

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Private Colleges in the Region

School Cost vs. Colorado Technical University Greenwood Village
Platt College Aurora51.1% more expensive
American Sentinel University20.3% less expensive
College America Denver50.3% more expensive
National American University Denver11.6% more expensive
Jones International University12.6% more expensive

Cost of a Degree

When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Colorado Technical University Greenwood Village.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Colorado Tech is $100,560 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $17,745 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $70,980**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $125,700 or $88,725 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Colorado Technical University Greenwood Village are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Colorado Technical University Greenwood Village
Price per credit hour$305
Cost for one class (3 credit hours)$915
Cost for one class (4 credit hours)$1,220

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Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 64% of Colorado Technical University Greenwood Village students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $7,653.

Example Loan Payments and Costs

How much are student loan payments for Colorado Technical University Greenwood Village? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $70,980, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $88,069.90. This could be your effective total out of pocket cost of an education at Colorado Technical University Greenwood Village. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 82% of students at this school who receive financial aid and you are paying an average annual net price of $17,745. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Colorado Technical University Greenwood Village student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Colorado Technical University Greenwood Village Student Loan Payments
Example Payments
Monthly Loan Payment$733.92
Amount Borrowed$70,980.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$17,089.90
Sum of All Payments over 10 years$88,069.90

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Colorado Tech? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Colorado Technical University Greenwood Village, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $88,069.90 would be needed to afford a $733.92 monthly payment in the example $70,980.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Colorado Technical University Greenwood Village in the future? In the past four years, this school's published in-state tuition and fee total rose from $11,191 to $11,293. This amounts to an average annual price increase of 0.2%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $100,560.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Colorado Technical University Greenwood Village.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$34,573$138,293
Estimated Cost in 10 years for students enrolling in 2029$44,125$176,501
Estimated Cost in 15 years for students enrolling in 2034 $56,316$225,265
Estimated Cost in 18 years for students enrolling in 2037 $65,193$260,773

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Colorado Technical University Greenwood Village to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Surgical Technology/Technologist Associate's Degree 17 29% costlier
Computer Science Bachelor's Degree 14 40% cheaper
Business Administration and Management, General Bachelor's Degree 14 27% cheaper
Medical Insurance Specialist/Medical Biller Associate's Degree 12 23% costlier
Project Management Bachelor's Degree 7 5% costlier
Accounting Associate's Degree 6 24% costlier
Digital Arts Bachelor's Degree 4 39% cheaper
Information Resources Management Bachelor's Degree 4 29% cheaper
Computer and Information Systems Security/Information Assurance Bachelor's Degree 4 0% costlier
Registered Nursing/Registered Nurse Bachelor's Degree 3 30% cheaper
Criminal Justice/Law Enforcement Administration Associate's Degree 3 19% costlier
Information Technology Associate's Degree 2 30% costlier
General Studies Associate's Degree 2 19% costlier
Graphic Design Bachelor's Degree 2 38% cheaper
Web Page, Digital/Multimedia and Information Resources Design Associate's Degree 1 25% costlier
Health Services Administration Bachelor's Degree 1 25% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Colorado Technical University Greenwood Village or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Colorado Technical University Greenwood Village in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Colorado Technical University Greenwood Village student loan.

Prepayment Option

About Colorado Technical University Greenwood Village

Colorado Technical University Greenwood Village is a four year private college located in Aurora, Colorado.  Full time enrollment is 450 and part time is 263.  Colorado Technical University Greenwood Village has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes. Learn more about Colorado Technical University Greenwood Village at CollegeSimply.

Students attending this school may pursue both undergraduate and graduate degrees.

Address
Colorado Technical University Greenwood Village
3151 S Vaughn Way
Aurora, Colorado
80014

For Profit / Not For Profit Status

Colorado Technical University Greenwood Village is a private, for profit school.

Colorado Technical University Greenwood Village cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=430087 IPEDS survey data.