by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Carrington College-Sacramento can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Carrington College, Sacramento deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to find out what amount of financial assistance will be accessible 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-Sacramento.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Carrington College-Sacramento, 89% of new full-time first-years were awarded at least some aid (about 971 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $4,732 |
| Institutional grants & scholarships | 0% | $828 |
| Federal Pell grants | 78% | $4,527 |
| State/local grants | 1% | $4,385 |
| Federal student loans | 74% | $7,470 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, roughly 59% of undergraduates were awarded grant or scholarship aid averaging $4,392 (across roughly 2182 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,392 |
| Federal Pell grants | 57% | $4,084 |
| Federal student loans | 63% | $6,556 |
On-campus students receiving title-IV aid were awarded grants averaging $4,255.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $36,799 |
| $30,001 – $75,000 | $37,053 |
| Over $75,000 | $39,790 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $41,338 |
| Off-campus title-IV students | $37,143 |
For a personalized estimate based on your family’s financial situation, use Carrington College, Sacramento’s online cost calculator: carrington.edu/financial-aid/how-much-will-it-cost/.
The median student at Carrington College, Sacramento graduates with $10,460 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,460 |
| Median federal debt (graduates only) | $11,537 |
| Typical 10-year monthly payment (graduates) | $122.31/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Carrington College, Sacramento.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,052 |
| 25th percentile | $7,376 |
| 75th percentile | $16,679 |
| 90th percentile (highest-debt students) | $23,125 |
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 | $10,375 |
| Middle income | $10,500 |
| High income | $10,813 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,339 |
| Continuing-generation students | $11,445 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $10,813 |
A handful of calculated indicators summarize the debt outlook at Carrington College, Sacramento.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Carrington College, Sacramento:
| Metric | Value |
|---|---|
| Stafford loan recipients | 50403 |
| Total Stafford loan amount | $643,307,211 |
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 | 41 |
| Total GI Bill amount | $362,375 |
| Average GI Bill amount per recipient | $8,838 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.