Scholarships, Grants, and Loan Trends at CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,260, which is 96.22 % of all undergraduate students. 688 students which is 52.11% of undergraduate students received federal student loans and the average loan amount is $6,779.
For full-time, first-time beginning students (freshmen), 99.67% of students received grants or scholarships and 56% 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 Carroll College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,260, which is 96.22 % of all undergraduate students. 688 students which is 52.11% of undergraduate students received federal student loans and the average loan amount is $6,779.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,361 (97%)$19,101295 (21%)$4,032808 (58%)$7,549
2014-151,386 (97%)$21,061308 (22%)$4,192805 (56%)$7,369
2015-161,414 (96%)$18,626310 (21%)$3,919800 (54%)$6,884
2016-171,341 (97%)$20,934289 (21%)$4,164755 (55%)$6,766
2017-181,299 (95%)$22,600301 (22%)$4,295724 (53%)$6,785
2018-191,215 (92%)$23,764262 (20%)$4,478669 (50%)$6,574
2019-201,165 (96%)$25,492257 (21%)$4,693599 (49%)$6,467
2020-211,081 (98%)$27,182216 (20%)$4,910538 (49%)$6,264
2021-221,075 (98%)$27,945214 (19%)$5,094494 (45%)$6,354
Average1,260 (96.22%)$22,967272 (20.78%)$4,420688 (52.11%)$6,779

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

For the last 10 years, on average, 310 (99.67 % of students) received grants or scholarships and its average amount is $22,588. It can cover 55.98% of tuition & fees ($40,352).
In addition, 175 (55.89 % of students) students get helped from the students loans (average amount : $7,243).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14313 (99%)$16,380195 (62%)$8,179
2014-15353 (100%)$18,616208 (59%)$7,381
2015-16385 (99%)$19,151224 (58%)$7,476
2016-17337 (100%)$20,475202 (60%)$6,695
2017-18292 (99%)$21,919167 (57%)$7,547
2018-19253 (100%)$24,432140 (55%)$7,391
2019-20311 (100%)$26,704157 (50%)$6,561
2020-21268 (100%)$27,351151 (56%)$6,809
2021-22280 (100%)$28,266130 (46%)$7,146
Average310 (99.67%)$22,588175 (55.89%)$7,243
*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, 66 (20.89 % of students) received Pell (federal) grants and its average amount is $4,416.
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
2013-1461 (19%)$4,0926 (2%)$500--313 (99%)$15,573
2014-1584 (24%)$4,27826 (7%)$500--353 (100%)$17,561
2015-1694 (24%)$3,80258 (15%)$466--385 (99%)$18,152
2016-1770 (21%)$4,28641 (12%)$497--337 (100%)$19,525
2017-1861 (21%)$4,27535 (12%)$500--292 (99%)$20,966
2018-1962 (24%)$4,66153 (21%)$500--253 (100%)$23,185
2019-2062 (20%)$4,87955 (18%)$589--311 (100%)$25,628
2020-2143 (16%)$4,500122 (45%)$1,377--268 (100%)$26,002
2021-2253 (19%)$4,975194 (69%)$1,626--280 (100%)$26,198
Average66 (20.89%)$4,41666 (22.33%)$728--310 (99.67%)$21,421
*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, 175 (55.89 % of students) get any students loan help and its average loan amount is $175.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14195 (62%)$8,179192 (61%)$6,39129 (9%)$12,682
2014-15208 (59%)$7,381208 (59%)$6,58211 (3%)$15,121
2015-16224 (58%)$7,476221 (57%)$6,09725 (6%)$13,086
2016-17202 (60%)$6,695200 (59%)$5,58121 (6%)$11,249
2017-18167 (57%)$7,547167 (57%)$5,75518 (6%)$16,624
2018-19140 (55%)$7,391140 (55%)$5,27722 (9%)$13,450
2019-20157 (50%)$6,561157 (50%)$5,24915 (5%)$13,730
2020-21151 (56%)$6,809150 (56%)$5,19416 (6%)$15,569
2021-22130 (46%)$7,146128 (46%)$5,19720 (7%)$13,192
Average175 (55.89%)$7,243174 (55.56%)$5,70320 (6.33%)$13,856
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