Most 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-Spokane can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does Carrington College, Spokane provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Carrington College-Spokane.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Carrington College-Spokane, 93% of first-time, full-time freshmen received some form of financial aid around 227 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $4,417 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $4,119 |
| State/local grants | 2% | $7,195 |
| Federal student loans | 79% | $7,252 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Carrington College, Spokane, approximately 63% of undergrads got grants or scholarships worth on average $4,026 (covering around 349 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $4,026 |
| Federal Pell grants | 62% | $3,836 |
| Federal student loans | 66% | $6,324 |
Title-IV recipients living on campus saw average grant aid of $3,446.
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 | $35,750 |
| $30,001 – $75,000 | $34,472 |
| Over $75,000 | $40,384 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $42,335 |
| Off-campus title-IV students | $35,743 |
To get a personalized net price estimate, try Carrington College, Spokane’s net price tool: carrington.edu/financial-aid/how-much-will-it-cost/.
The median student at Carrington College, Spokane graduates with $8,615 of federal borrowing.
| 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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Carrington College, Spokane.
| 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
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 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Carrington College, Spokane.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Carrington College, Spokane:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10878 |
| Total Stafford loan amount | $104,603,278 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 13 |
| Total GI Bill amount | $115,609 |
| Average GI Bill amount per recipient | $8,893 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.