by our College Data Analytics TeamMany students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Caribbean University-Carolina can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Caribbean University - Carolina offer you, and what will you qualify for? Read on for more information. Keep going to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Caribbean University-Carolina.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Caribbean University-Carolina, 93% of entering full-time freshmen got some type of financial assistance roughly 14 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $4,919 |
| Institutional grants & scholarships | 20% | $600 |
| Federal Pell grants | 80% | $5,510 |
| State/local grants | 0% | — |
| Federal student loans | 20% | $1,732 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 85% of the undergraduate population received grant aid that averaged $4,777 (across approximately 108 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $4,777 |
| Federal Pell grants | 68% | $5,760 |
| Federal student loans | 33% | $5,976 |
For on-campus title-IV students, average grant aid came to $4,919.
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 | $7,635 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $5,791 |
| Off-campus title-IV students | $7,635 |
For an estimate tailored to your family circumstances, see Caribbean University - Carolina’s official net price calculator: www.caribbean.edu/netprice/index.html.
Graduating students at Caribbean University - Carolina carry a median federal student debt of $7,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,000 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Caribbean University - Carolina.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,850 |
| 25th percentile | $3,500 |
| 75th percentile | $13,600 |
| 90th percentile (highest-debt students) | $22,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,063 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,750 |
| Continuing-generation students | $8,217 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,650 |
The figure below distills the debt data into a single burden category for Caribbean University - Carolina.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Caribbean University - Carolina:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10968 |
| Total Stafford loan amount | $153,554,607 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.