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-Las Vegas can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Carrington College, Las Vegas deliver, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Carrington College-Las Vegas.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Carrington College-Las Vegas, 94% of first-year full-time students received aid of some kind roughly 130 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $4,753 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 81% | $4,614 |
| State/local grants | 1% | $14,000 |
| Federal student loans | 87% | $7,610 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, around 62% of undergraduates were awarded grant or scholarship aid averaging $4,500 (for some 346 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 62% | $4,500 |
| Federal Pell grants | 62% | $4,382 |
| Federal student loans | 78% | $7,927 |
For on-campus title-IV students, average grant aid came to $4,047.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $30,141 |
| $30,001 – $75,000 | $30,672 |
| Over $75,000 | $32,744 |
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 | $43,570 |
| Off-campus title-IV students | $35,380 |
To project your own net price, use Carrington College, Las Vegas’s official net price calculator: carrington.edu/financial-aid/how-much-will-it-cost/.
Graduating students at Carrington College, Las Vegas carry a median federal student debt of $9,298 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,298 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
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, Las Vegas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $22,201 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,229 |
| Middle income | $9,496 |
| High income | $9,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,240 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,555 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for Carrington College, Las Vegas.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Carrington College, Las Vegas:
| Metric | Value |
|---|---|
| Stafford loan recipients | 38690 |
| Total Stafford loan amount | $457,320,667 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 22 |
| Total GI Bill amount | $318,790 |
| Average GI Bill amount per recipient | $14,490 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.