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Carroll Community College Financial Aid & Scholarships

64% Freshmen Get Financial Aid
$2,433 Average Grant & Scholarship
60% Undergrads Get Grant Aid

A lot 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 price tag of going to Carroll Community College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

What financial assistance options will Carroll Community College offer, and what will you qualify for? Read on for more information. Keep going to see how much school funding could be available to you.

Importance of Carroll Community College Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Carroll Community College.

Freshman Financial Aid at Carroll Community College

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.

For incoming first-year students at Carroll Community College, 64% of the incoming full-time class was awarded financial aid around 218 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)60%$4,579
Institutional grants & scholarships42%$1,531
Federal Pell grants29%$5,492
State/local grants15%$2,797
Federal student loans6%$4,450

Scholarship and Grant Awards at Carroll Community College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Carroll Community College, about 60% of undergrads got grants or scholarships worth on average $2,433 (across approximately 1888 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)60%$2,433
Federal Pell grants15%$4,015
Federal student loans4%$5,227

Title-IV recipients living on campus saw average grant aid of $5,903.

Net Price by Family Income at Carroll Community College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$2,356
$30,001 – $75,000$3,798
Over $75,000$7,713

Remember these are net prices — what families pay after gift aid, not before.

What Students Actually Pay at Carroll Community College

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.

CohortAverage Net Price
On-campus title-IV students$2,725
Off-campus title-IV students$3,917

To get a personalized net price estimate, try Carroll Community College’s online cost calculator: webapps1.carrollcc.edu/extassets/NetPriceCalculator/NetPrice/npcalc.htm.

Median Student Debt for Graduates of Carroll Community College

The median federal debt load at Carroll Community College comes to $7,769 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$7,769
Median federal debt (graduates only)$11,750
Typical 10-year monthly payment (graduates)$124.57/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Where Student Debt Falls

The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Carroll Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$4,054
75th percentile$12,247
90th percentile (highest-debt students)$18,609

Debt by Student Cohort at Carroll Community College

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$8,316
Middle income$9,105
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$8,250
Continuing-generation students$5,500

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$11,928

Debt Burden Indicators

A handful of calculated indicators summarize the debt outlook at Carroll Community College.

Student Loans at Carroll Community College

The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Carroll Community College:

MetricValue
Stafford loan recipients1392
Total Stafford loan amount$14,022,763

Veterans Benefits at Carroll Community College

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients51
Total GI Bill amount$153,091
Average GI Bill amount per recipient$3,002

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients15
Total DoD amount$18,940
Average DoD amount per recipient$1,263

External Resources for Carroll Community College

References

More about our data sources and methodologies.

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