by our College Data Analytics TeamA large number 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 total cost of going to Carlow University can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Carlow provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Carlow University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
At Carlow University, 100% of first-year full-time students received aid of some kind approximately 218 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $28,233 |
| Institutional grants & scholarships | 95% | $22,761 |
| Federal Pell grants | 45% | $6,330 |
| State/local grants | 55% | $5,272 |
| Federal student loans | 78% | $5,810 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Carlow, about 84% of undergraduates were awarded an average grant or scholarship of $19,806 (among about 1129 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $19,806 |
| Federal Pell grants | 43% | $5,419 |
| Federal student loans | 69% | $7,728 |
Title-IV recipients living on campus saw average grant aid of $28,541.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,851 |
| $30,001 – $75,000 | $18,236 |
| Over $75,000 | $23,581 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,786 |
| Off-campus title-IV students | $20,822 |
To project your own net price, use Carlow’s net price calculator: www.carlow.edu/admissions-aid/tuition-financial-aid/net-price-calculators/.
Graduating students at Carlow carry a median federal student debt of $21,513 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,513 |
| Median federal debt (graduates only) | $25,500 |
| Typical 10-year monthly payment (graduates) | $270.34/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Carlow.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,441 |
| 25th percentile | $9,250 |
| 75th percentile | $30,264 |
| 90th percentile (highest-debt students) | $41,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $23,194 |
| Middle income | $21,583 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $22,000 |
| Continuing-generation students | $19,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,353 |
| Independent students | $22,230 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Carlow.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Carlow:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11375 |
| Total Stafford loan amount | $347,720,039 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $267,562 |
| Average GI Bill amount per recipient | $13,378 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.