Scholarships, Grants, and Loan Trends at Carrington College-Reno

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 270, which is 47.67 % of all undergraduate students. 326 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $8,873.
For full-time, first-time beginning students (freshmen), 70.33% of students received grants or scholarships and 76% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Carrington College-Reno since 2013.
For that period, the average number of students who received grants aid/scholarships is 270, which is 47.67 % of all undergraduate students. 326 students which is 55.89% of undergraduate students received federal student loans and the average loan amount is $8,873.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14346 (76%)$2,163211 (46%)$3,305227 (50%)$8,938
2014-15254 (52%)$4,027244 (50%)$3,516275 (56%)$8,636
2015-16267 (52%)$3,549254 (49%)$3,350289 (56%)$8,665
2016-17235 (45%)$3,621230 (44%)$3,433264 (51%)$8,201
2017-18165 (27%)$7,003132 (22%)$4,427262 (44%)$10,594
2018-19208 (32%)$3,656198 (30%)$3,298385 (59%)$8,917
2019-20426 (66%)$2,771255 (40%)$3,332449 (70%)$8,751
2020-21256 (37%)$3,438241 (35%)$3,222399 (57%)$8,584
2021-22274 (42%)$3,210205 (32%)$3,313385 (60%)$8,568
Average270 (47.67%)$3,715219 (38.67%)$3,466326 (55.89%)$8,873

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

For the last 10 years, on average, 42 (70.33 % of students) received grants or scholarships and its average amount is $4,246. It can cover 6.90% of tuition & fees ($61,578).
In addition, 48 (76.44 % of students) students get helped from the students loans (average amount : $8,457).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1415 (58%)$3,22223 (88%)$9,383
2014-1523 (66%)$4,49323 (66%)$6,874
2015-1636 (77%)$4,01838 (81%)$7,452
2016-1724 (77%)$4,21424 (77%)$8,204
2017-1893 (37%)$6,689128 (51%)$10,688
2018-1940 (77%)$3,42544 (85%)$8,247
2019-2062 (83%)$4,31159 (79%)$8,567
2020-2143 (88%)$3,44146 (94%)$7,688
2021-2245 (70%)$4,40343 (67%)$9,010
Average42 (70.33%)$4,24648 (76.44%)$8,457
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 37 (63.22 % of students) received Pell (federal) grants and its average amount is $3,658.
In addition, 4 students received State/local government grants/scholarships (6.50 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1415 (58%)$2,96610 (38%)$385----
2014-1519 (54%)$4,13211 (31%)$293--17 (49%)$1,272
2015-1634 (72%)$3,71922 (47%)$3141 (2%)$1,00027 (57%)$381
2016-1722 (71%)$4,15416 (52%)$323--19 (61%)$240
2017-1870 (28%)$3,66424 (10%)$492--33 (13%)$10,720
2018-1940 (77%)$3,3359 (17%)$400----
2019-2052 (69%)$3,60739 (52%)$8447 (9%)$6,688--
2020-2141 (84%)$3,4103 (6%)$8401 (2%)$5,647--
2021-2236 (56%)$3,93522 (34%)$5638 (13%)$5,514--
Average37 (63.22%)$3,65817 (31.89%)$4954 (6.50%)$4,71224 (45.00%)$3,153
*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..
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, 48 (76.44 % of students) get any students loan help and its average loan amount is $48.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1423 (88%)$9,38323 (88%)$8,4434 (15%)$5,406
2014-1523 (66%)$6,87422 (63%)$6,4772 (6%)$7,800
2015-1638 (81%)$7,45238 (81%)$7,2951 (2%)$5,936
2016-1724 (77%)$8,20424 (77%)$8,204--
2017-18128 (51%)$10,688123 (49%)$8,61120 (8%)$15,440
2018-1944 (85%)$8,24744 (85%)$7,5214 (8%)$7,979
2019-2059 (79%)$8,56759 (79%)$7,8713 (4%)$13,699
2020-2146 (94%)$7,68846 (94%)$7,4252 (4%)$6,043
2021-2243 (67%)$9,01043 (67%)$7,5663 (5%)$20,701
Average48 (76.44%)$8,45747 (75.89%)$7,7135 (6.50%)$10,376
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