by our College Data Analytics TeamThe majority of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Carrington College, Portland can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Carrington College, Portland provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Carrington College, Portland.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Carrington College, Portland, 92% of new full-time first-years were awarded at least some aid roughly 220 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $4,826 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $4,524 |
| State/local grants | 1% | $8,467 |
| Federal student loans | 83% | $7,218 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 63% of undergraduates were awarded an average grant or scholarship of $4,138 (for some 307 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $4,138 |
| Federal Pell grants | 63% | $3,844 |
| Federal student loans | 68% | $5,816 |
For students living on campus and receiving title-IV aid, grants averaged $4,795.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $28,822 |
| $30,001 – $75,000 | $30,312 |
| Over $75,000 | $33,120 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $36,595 |
| Off-campus title-IV students | $29,350 |
To project your own net price, use Carrington College, Portland’s online cost calculator: carrington.edu/financial-aid/how-much-will-it-cost/.
The middle student in the debt distribution at Carrington College, Portland owes $8,615 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,615 |
| Median federal debt (graduates only) | $9,295 |
| Typical 10-year monthly payment (graduates) | $98.54/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at Carrington College, Portland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,130 |
| 75th percentile | $10,724 |
| 90th percentile (highest-debt students) | $13,181 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,844 |
| Middle income | $7,913 |
| High income | $6,313 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,549 |
| Continuing-generation students | $8,968 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,313 |
| Independent students | $9,477 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Carrington College, Portland.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Carrington College, Portland:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10878 |
| Total Stafford loan amount | $104,603,278 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $103,929 |
| Average GI Bill amount per recipient | $9,448 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.