Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 60.44% of students received grants or scholarships and 43% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,319 (64%)$28,876276 (13%)$4,123964 (47%)$4,968
2014-151,335 (65%)$29,536270 (13%)$4,353969 (47%)$5,233
2015-161,306 (65%)$31,475262 (13%)$4,635932 (46%)$5,315
2016-171,312 (62%)$34,188304 (14%)$4,274934 (44%)$5,181
2017-181,277 (61%)$36,313302 (15%)$4,461909 (44%)$5,150
2018-191,269 (61%)$38,259289 (14%)$4,658908 (43%)$5,104
2019-201,289 (61%)$40,678294 (14%)$4,475898 (42%)$5,045
2020-211,248 (64%)$43,990275 (14%)$4,841851 (44%)$4,653
2021-221,301 (64%)$45,284286 (14%)$4,794917 (45%)$4,960
Average1,295 (63.00%)$36,511284 (13.78%)$4,513920 (44.67%)$5,068
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14362 (69%)$28,384256 (49%)$4,824
2014-15308 (59%)$30,897226 (43%)$4,794
2015-16292 (59%)$35,833222 (45%)$4,689
2016-17329 (58%)$38,342242 (43%)$4,737
2017-18302 (58%)$36,499216 (41%)$4,502
2018-19302 (57%)$39,778217 (41%)$4,916
2019-20310 (59%)$43,432201 (38%)$4,978
2020-21296 (65%)$45,715204 (45%)$4,597
2021-22333 (60%)$46,821229 (41%)$4,492
Average315 (60.44%)$38,411224 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1476 (14%)$4,27236 (7%)$3,00023 (4%)$4,438331 (63%)$29,427
2014-1574 (14%)$4,29636 (7%)$2,90220 (4%)$4,240308 (59%)$29,251
2015-1679 (16%)$4,79642 (9%)$2,94824 (5%)$4,392292 (59%)$33,750
2016-1793 (16%)$4,24438 (7%)$2,86923 (4%)$5,181329 (58%)$36,449
2017-1870 (13%)$4,49724 (5%)$3,00019 (4%)$5,011302 (58%)$34,903
2018-1967 (13%)$4,83029 (5%)$3,00025 (5%)$4,917302 (57%)$38,011
2019-2076 (14%)$4,395200 (38%)$1,09032 (6%)$5,024310 (59%)$41,132
2020-2178 (17%)$4,936276 (61%)$2,45135 (8%)$5,422294 (65%)$41,770
2021-2269 (12%)$4,99035 (6%)$2,94320 (4%)$5,941333 (60%)$45,121
Average76 (14.33%)$4,58480 (16.11%)$2,68925 (4.89%)$4,952311 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14256 (49%)$4,824252 (48%)$4,32614 (3%)$10,347
2014-15226 (43%)$4,794212 (41%)$4,21720 (4%)$9,473
2015-16222 (45%)$4,689210 (43%)$4,23820 (4%)$7,552
2016-17242 (43%)$4,737237 (42%)$4,09617 (3%)$10,316
2017-18216 (41%)$4,502210 (40%)$4,05013 (2%)$9,388
2018-19217 (41%)$4,916217 (41%)$4,18113 (2%)$12,267
2019-20201 (38%)$4,978195 (37%)$4,03517 (3%)$12,582
2020-21204 (45%)$4,597203 (45%)$3,91410 (2%)$14,334
2021-22229 (41%)$4,492228 (41%)$3,86511 (2%)$13,397
Average224 (42.89%)$4,725218 (42.00%)$4,10215 (2.78%)$11,073

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