How Carleton's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Carleton College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,295, which is 63.00 % of all undergraduate students. 920 students which is 44.67% of undergraduate students received federal student loans and the average loan amount is $5,068.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,319 (64%)	$28,876	276 (13%)	$4,123	964 (47%)	$4,968
2014-15	1,335 (65%)	$29,536	270 (13%)	$4,353	969 (47%)	$5,233
2015-16	1,306 (65%)	$31,475	262 (13%)	$4,635	932 (46%)	$5,315
2016-17	1,312 (62%)	$34,188	304 (14%)	$4,274	934 (44%)	$5,181
2017-18	1,277 (61%)	$36,313	302 (15%)	$4,461	909 (44%)	$5,150
2018-19	1,269 (61%)	$38,259	289 (14%)	$4,658	908 (43%)	$5,104
2019-20	1,289 (61%)	$40,678	294 (14%)	$4,475	898 (42%)	$5,045
2020-21	1,248 (64%)	$43,990	275 (14%)	$4,841	851 (44%)	$4,653
2021-22	1,301 (64%)	$45,284	286 (14%)	$4,794	917 (45%)	$4,960
Average	1,295 (63.00%)	$36,511	284 (13.78%)	$4,513	920 (44.67%)	$5,068

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 315 (60.44 % of students) received grants or scholarships and its average amount is $38,411. It can cover 58.68% of tuition & fees ($65,457).

In addition, 224 (42.89 % of students) students get helped from the students loans (average amount : $4,725).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	362 (69%)	$28,384	256 (49%)	$4,824
2014-15	308 (59%)	$30,897	226 (43%)	$4,794
2015-16	292 (59%)	$35,833	222 (45%)	$4,689
2016-17	329 (58%)	$38,342	242 (43%)	$4,737
2017-18	302 (58%)	$36,499	216 (41%)	$4,502
2018-19	302 (57%)	$39,778	217 (41%)	$4,916
2019-20	310 (59%)	$43,432	201 (38%)	$4,978
2020-21	296 (65%)	$45,715	204 (45%)	$4,597
2021-22	333 (60%)	$46,821	229 (41%)	$4,492
Average	315 (60.44%)	$38,411	224 (42.89%)	$4,725

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 76 (14.33 % of students) received Pell (federal) grants and its average amount is $4,584.

In addition, 25 students received State/local government grants/scholarships (4.89 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	76 (14%)	$4,272	36 (7%)	$3,000	23 (4%)	$4,438	331 (63%)	$29,427
2014-15	74 (14%)	$4,296	36 (7%)	$2,902	20 (4%)	$4,240	308 (59%)	$29,251
2015-16	79 (16%)	$4,796	42 (9%)	$2,948	24 (5%)	$4,392	292 (59%)	$33,750
2016-17	93 (16%)	$4,244	38 (7%)	$2,869	23 (4%)	$5,181	329 (58%)	$36,449
2017-18	70 (13%)	$4,497	24 (5%)	$3,000	19 (4%)	$5,011	302 (58%)	$34,903
2018-19	67 (13%)	$4,830	29 (5%)	$3,000	25 (5%)	$4,917	302 (57%)	$38,011
2019-20	76 (14%)	$4,395	200 (38%)	$1,090	32 (6%)	$5,024	310 (59%)	$41,132
2020-21	78 (17%)	$4,936	276 (61%)	$2,451	35 (8%)	$5,422	294 (65%)	$41,770
2021-22	69 (12%)	$4,990	35 (6%)	$2,943	20 (4%)	$5,941	333 (60%)	$45,121
Average	76 (14.33%)	$4,584	80 (16.11%)	$2,689	25 (4.89%)	$4,952	311 (59.78%)	$36,646

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 224 (42.89 % of students) get any students loan help and its average loan amount is $224.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	256 (49%)	$4,824	252 (48%)	$4,326	14 (3%)	$10,347
2014-15	226 (43%)	$4,794	212 (41%)	$4,217	20 (4%)	$9,473
2015-16	222 (45%)	$4,689	210 (43%)	$4,238	20 (4%)	$7,552
2016-17	242 (43%)	$4,737	237 (42%)	$4,096	17 (3%)	$10,316
2017-18	216 (41%)	$4,502	210 (40%)	$4,050	13 (2%)	$9,388
2018-19	217 (41%)	$4,916	217 (41%)	$4,181	13 (2%)	$12,267
2019-20	201 (38%)	$4,978	195 (37%)	$4,035	17 (3%)	$12,582
2020-21	204 (45%)	$4,597	203 (45%)	$3,914	10 (2%)	$14,334
2021-22	229 (41%)	$4,492	228 (41%)	$3,865	11 (2%)	$13,397
Average	224 (42.89%)	$4,725	218 (42.00%)	$4,102	15 (2.78%)	$11,073

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Scholarships, Grants, and Loan Trends at Carleton

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time