BOOTSTRAPS
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The College Funding Gap

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There are many factors that play into the cost of college and paying for it.

The cost of attendance (COA) for college is comprised of tuition and fees, room and board, books, transportation, insurance, and personal expenses.  Using Colorado public colleges as an example, the COA can range from $15,000 (Red Rocks Community College) to almost $35,000 (Colorado School of Mines).

There are many sources of funds to cover the COA. Ideally, parents contribute a part of the cost. For a typical Bootstraps recipient that contribution is just under $10,000. Students can borrow about $5,500 per year from the federal government at a rate of 4.45%. Last, a student will hopefully set aside about $1,300 from summer work.

The amount a student is short is called the Funding Gap. The Funding Gap is the reason Bootstraps exists.

Helping mountain-area students reach their educational dreams since 1945.
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Bootstraps   |   PO Box 253   |   Evergreen, CO  80437   |   303-670-3632   |   info@bootstrapsinc.org
Copyright 2020 Bootstraps, Inc.   
  • Home
  • About Us
    • History
    • Board and Staff >
      • Members Login
    • Financial Information
    • Board Member Job Description
  • DONATE
    • How to Donate
    • Honor Roll
    • Create a Scholarship/Create a Loan
    • Memorial Scholarships
    • Leave a Legacy
    • Bootstraps Supporters
  • SCHOLARSHIPS AND LOANS
    • Eligibility and Application
    • Scholarships and Interest-free loans
    • Career & Technical Education (CTE) Application
    • Application Overview
    • FAFSA
    • How Are My Funds Disbursed?
    • Continuing Loans
    • Continuing Scholarships
    • Forms
  • OTHER RESOURCES
    • How do we decide?
    • Decoding Your Financial Aid Award Letter
    • What is Award Displacement?
    • Community College Transfer
    • Other Scholarships
    • Pandemic Stories
  • Recipients
    • 2020 Recipients
    • 2019 Recipients
    • 2018 Recipients
    • 2017 Recipients >
      • 2017 Recipient Bios
  • Events
  • King Soopers Community Rewards
  • Cap and Gown Club