Over the past 8 years (2015-2022), the average number of students who received grants aid/scholarships is 347, which is 87.57 % of all undergraduate students. 221 students which is 55.86% of undergraduate students received federal student loans and the average loan amount is $6,677.

For full-time, first-time beginning students (freshmen), 95.00% of students received grants or scholarships and 63% 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 Carolina University since 2015.

For that period, the average number of students who received grants aid/scholarships is 347, which is 87.57 % of all undergraduate students. 221 students which is 55.86% of undergraduate students received federal student loans and the average loan amount is $6,677.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-16145 (42%)$4,761125 (36%)$4,435115 (33%)$7,605
2016-17259 (88%)$5,670174 (59%)$4,164143 (48%)$7,824
2017-18325 (97%)$5,521216 (64%)$4,610195 (58%)$8,508
2018-19477 (96%)$6,010312 (63%)$4,551272 (55%)$2,959
2019-20340 (98%)$7,367261 (75%)$4,920257 (74%)$6,718
2020-21421 (95%)$9,586269 (61%)$4,794273 (62%)$6,534
2021-22465 (97%)$9,483274 (57%)$4,752291 (61%)$6,591
Average347 (87.57%)$6,914233 (59.29%)$4,604221 (55.86%)$6,677
*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 8 years, on average, 62 (95.00 % of students) received grants or scholarships and its average amount is $7,902. It can cover 49.39% of tuition & fees ($16,000).

In addition, 42 (63.43 % of students) students get helped from the students loans (average amount : $6,566).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2015-1628 (80%)$4,33027 (77%)$6,407
2016-1724 (96%)$7,09114 (56%)$6,643
2017-1864 (100%)$5,63042 (66%)$8,234
2018-19112 (97%)$7,37788 (76%)$6,515
2019-2059 (100%)$8,14234 (58%)$6,063
2020-2162 (95%)$12,30737 (57%)$5,689
2021-2287 (97%)$10,43749 (54%)$6,410
Average62 (95.00%)$7,90242 (63.43%)$6,566
*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 8 years, on average, 42 (66.14 % of students) received Pell (federal) grants and its average amount is $4,986.

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
2015-1625 (71%)$4,05613 (37%)$173--5 (14%)$3,520
2016-1717 (68%)$5,57013 (52%)$550--24 (96%)$2,848
2017-1847 (73%)$4,92311 (17%)$282--64 (100%)$1,966
2018-1979 (68%)$5,24168 (59%)$438--111 (96%)$3,446
2019-2041 (69%)$4,81947 (80%)$1,155--58 (98%)$3,940
2020-2140 (62%)$5,48239 (60%)$1,538--62 (95%)$7,802
2021-2247 (52%)$4,81157 (63%)$1,598--87 (97%)$6,791
Average42 (66.14%)$4,98635 (52.57%)$819--59 (85.14%)$4,330
*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 8 years, on average, 42 (63.43 % of students) get any students loan help and its average loan amount is $42.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2015-1627 (77%)$6,40727 (77%)$6,407--
2016-1714 (56%)$6,64314 (56%)$6,643--
2017-1842 (66%)$8,23442 (66%)$7,8532 (3%)$7,983
2018-1988 (76%)$6,51588 (76%)$5,8788 (7%)$7,008
2019-2034 (58%)$6,06333 (56%)$5,6912 (3%)$9,175
2020-2137 (57%)$5,68937 (57%)$5,5271 (2%)$6,000
2021-2249 (54%)$6,41049 (54%)$5,8602 (2%)$13,458
Average42 (63.43%)$6,56641 (63.14%)$6,2663 (3.40%)$8,725

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