Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,627, which is 95.00 % of all undergraduate students. 2,291 students which is 82.78% of undergraduate students received federal student loans and the average loan amount is $7,099.

For full-time, first-time beginning students (freshmen), 99.11% of students received grants or scholarships and 77% 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 Carthage College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,627, which is 95.00 % of all undergraduate students. 2,291 students which is 82.78% of undergraduate students received federal student loans and the average loan amount is $7,099.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,684 (92%)$18,350810 (28%)$3,9452,362 (81%)$7,192
2014-152,679 (93%)$19,547810 (28%)$4,1012,363 (82%)$7,272
2015-162,704 (94%)$21,345768 (27%)$4,0402,431 (84%)$7,086
2016-172,663 (94%)$24,121789 (28%)$4,1842,362 (84%)$7,137
2017-182,599 (95%)$26,380793 (29%)$4,3222,318 (85%)$6,968
2018-192,642 (96%)$27,893763 (28%)$4,3762,333 (84%)$6,729
2019-202,531 (96%)$29,970714 (27%)$4,5022,221 (84%)$6,802
2020-212,528 (96%)$17,594669 (25%)$4,4962,151 (82%)$6,440
2021-222,616 (99%)$22,542714 (27%)$4,5512,079 (79%)$8,266
Average2,627 (95.00%)$23,082759 (27.44%)$4,2802,291 (82.78%)$7,099
*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, 717 (99.11 % of students) received grants or scholarships and its average amount is $24,492. It can cover 67.10% of tuition & fees ($36,500).

In addition, 556 (76.89 % of students) students get helped from the students loans (average amount : $8,924).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14713 (100%)$19,759554 (78%)$8,740
2014-15704 (100%)$21,818544 (77%)$8,788
2015-16736 (98%)$23,834588 (78%)$9,231
2016-17722 (100%)$26,379576 (80%)$9,164
2017-18692 (98%)$28,384560 (79%)$8,705
2018-19751 (99%)$29,223595 (78%)$8,761
2019-20676 (99%)$31,948529 (78%)$9,245
2020-21704 (98%)$18,544516 (72%)$8,781
2021-22753 (100%)$20,535544 (72%)$8,897
Average717 (99.11%)$24,492556 (76.89%)$8,924
*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, 214 (29.67 % of students) received Pell (federal) grants and its average amount is $4,417.

In addition, 134 students received State/local government grants/scholarships (18.44 % 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
2013-14221 (31%)$4,152164 (23%)$900132 (18%)$3,031690 (97%)$18,294
2014-15205 (29%)$4,413167 (24%)$932132 (19%)$2,880689 (98%)$20,203
2015-16201 (27%)$4,110156 (21%)$921146 (19%)$2,649734 (98%)$22,051
2016-17232 (32%)$4,396209 (29%)$1,148136 (19%)$2,756711 (98%)$24,488
2017-18227 (32%)$4,140194 (28%)$971121 (17%)$2,924687 (97%)$26,434
2018-19227 (30%)$4,463194 (25%)$827161 (21%)$2,996745 (98%)$27,236
2019-20209 (31%)$4,648189 (28%)$956141 (21%)$3,229672 (99%)$29,747
2020-21188 (26%)$4,671177 (25%)$1,387114 (16%)$3,135700 (97%)$16,534
2021-22219 (29%)$4,756248 (33%)$2,580124 (16%)$3,295729 (97%)$18,344
Average214 (29.67%)$4,417189 (26.22%)$1,180134 (18.44%)$2,988706 (97.67%)$22,592
*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, 556 (76.89 % of students) get any students loan help and its average loan amount is $556.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14554 (78%)$8,740553 (77%)$6,17498 (14%)$14,566
2014-15544 (77%)$8,788541 (77%)$6,39688 (13%)$15,003
2015-16588 (78%)$9,231586 (78%)$6,191114 (15%)$15,787
2016-17576 (80%)$9,164572 (79%)$6,400109 (15%)$14,839
2017-18560 (79%)$8,705555 (79%)$5,963104 (15%)$15,054
2018-19595 (78%)$8,761591 (78%)$5,357132 (17%)$15,507
2019-20529 (78%)$9,245527 (77%)$5,624128 (19%)$15,054
2020-21516 (72%)$8,781511 (71%)$5,205117 (16%)$15,990
2021-22544 (72%)$8,897515 (68%)$5,441127 (17%)$16,045
Average556 (76.89%)$8,924550 (76.00%)$5,861113 (15.67%)$15,316

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