What is in a Typical Financial Aid Offer at Carroll U
Carroll University's average financial aid plan for incoming first year students is $28,407. Around 100.0% of new students obtain some money for college, most of which is scholarships and grants.
Student loans are a part of financial aid packages, but the only true college discount is a grant or scholarship that you don't have to repay.
Student debt ought to be considered to be an "outcome" instead of "aid". Find more about student loan debt at Carroll U.
Number of Carroll U Grants & Scholarships
The numbers below refer to scholarships and grants largely provided by the college itself.
100.0% of new students (717 total) were given scholarships at Carroll University, averaging $17,614 per student. This puts it in the top 20th percentile of all schools nationwide.
As well as scholarships, 26.0% of first year students (184 total) got federal grant aid, averaging $4,349 a person.
The graph below shows the typical amount of grant and scholarship aid distributed to all freshmen.
Grants are normally based on need while scholarships are merit-based.
How Income Level Affects Aid
The table following shows scholarship and grant allocations by income for first year students receiving any form of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.1% | $23,346 |
| Income 30k-48k | 8.1% | $23,750 |
| Income 48k-75k | 10.7% | $21,800 |
| Income 75k-110k | 19.4% | $19,668 |
| Income 110k + | 30.0% | $17,482 |
Financial aid from the government by means of loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
Grants & Scholarships for All Students Average $17,912
2,824 Carroll U undergrads get grants (this is about 95.0% of the total student population). The typical amount these students get is $17,912
Go to the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Financial Aid Links from Carroll University
| Financial Aid Department Website | www.carrollu.edu/financial-aid |
| Net Price Calculator | www.carrollu.edu/financial-aid/net-price-calculator |
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