Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,317, which is 52.11 % of all undergraduate students. 2,396 students which is 37.56% of undergraduate students received federal student loans and the average loan amount is $6,560.

For full-time, first-time beginning students (freshmen), 49.67% of students received grants or scholarships and 38% 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 Carnegie Mellon University since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,317, which is 52.11 % of all undergraduate students. 2,396 students which is 37.56% of undergraduate students received federal student loans and the average loan amount is $6,560.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,419 (58%)$26,175819 (14%)$4,1212,225 (38%)$6,848
2014-153,182 (54%)$28,530764 (13%)$4,3772,146 (36%)$7,207
2015-163,156 (52%)$29,306731 (12%)$4,4012,071 (34%)$7,060
2016-173,283 (52%)$31,238766 (12%)$4,5142,433 (39%)$7,500
2017-183,403 (52%)$33,999896 (14%)$4,5742,393 (37%)$7,307
2018-193,350 (51%)$36,919952 (14%)$4,8362,511 (38%)$5,939
2019-203,391 (51%)$36,928963 (15%)$5,0122,585 (39%)$5,915
2020-213,359 (51%)$39,371984 (15%)$5,1932,524 (38%)$5,835
2021-223,306 (48%)$40,6601,008 (15%)$5,3412,676 (39%)$5,428
Average3,317 (52.11%)$33,681876 (13.78%)$4,7082,396 (37.56%)$6,560
*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, 791 (49.67 % of students) received grants or scholarships and its average amount is $36,554. It can cover 57.77% of tuition & fees ($63,274).

In addition, 604 (37.56 % of students) students get helped from the students loans (average amount : $7,049).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14763 (53%)$28,322517 (36%)$7,880
2014-15735 (50%)$30,132504 (34%)$8,109
2015-16788 (50%)$30,614544 (35%)$8,011
2016-17770 (50%)$38,163577 (37%)$6,155
2017-18833 (50%)$39,213588 (35%)$6,401
2018-19733 (47%)$41,645646 (41%)$6,615
2019-20790 (50%)$37,506649 (41%)$6,601
2020-21809 (50%)$39,421603 (37%)$7,148
2021-22896 (47%)$43,966804 (42%)$6,525
Average791 (49.67%)$36,554604 (37.56%)$7,049
*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, 222 (13.78 % of students) received Pell (federal) grants and its average amount is $4,804.

In addition, 37 students received State/local government grants/scholarships (2.33 % 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
2013-14195 (14%)$4,221174 (12%)$2,99144 (3%)$3,315759 (53%)$26,509
2014-15169 (11%)$4,469159 (11%)$2,98342 (3%)$2,302732 (50%)$28,443
2015-16178 (11%)$4,646173 (11%)$2,99835 (2%)$3,006788 (50%)$28,773
2016-17216 (14%)$4,763200 (13%)$2,99338 (2%)$3,325768 (49%)$35,978
2017-18247 (15%)$4,640187 (11%)$2,99634 (2%)$3,013828 (49%)$37,266
2018-19252 (16%)$4,990185 (12%)$2,99230 (2%)$2,700730 (46%)$39,224
2019-20223 (14%)$5,099163 (10%)$2,98228 (2%)$2,755788 (50%)$35,443
2020-21231 (14%)$5,234171 (10%)$2,47625 (2%)$3,248806 (49%)$37,442
2021-22286 (15%)$5,176250 (13%)$2,72758 (3%)$3,212896 (47%)$41,345
Average222 (13.78%)$4,804185 (11.44%)$2,90437 (2.33%)$2,986788 (49.22%)$34,491
*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, 604 (37.56 % of students) get any students loan help and its average loan amount is $604.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14517 (36%)$7,880516 (36%)$5,62056 (4%)$20,970
2014-15504 (34%)$8,109496 (34%)$6,20645 (3%)$22,416
2015-16544 (35%)$8,011544 (35%)$6,19650 (3%)$19,746
2016-17577 (37%)$6,155559 (36%)$3,95155 (4%)$24,418
2017-18588 (35%)$6,401582 (35%)$4,00863 (4%)$22,723
2018-19646 (41%)$6,615639 (41%)$4,53562 (4%)$22,185
2019-20649 (41%)$6,601637 (40%)$4,65453 (3%)$24,895
2020-21603 (37%)$7,148599 (37%)$4,67252 (3%)$29,079
2021-22804 (42%)$6,525796 (42%)$3,92065 (3%)$32,700
Average604 (37.56%)$7,049596 (37.33%)$4,86256 (3.44%)$24,348

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