by our College Data Analytics TeamA large number of students will never be charged 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 sum total of attendance at John Carroll University can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can John Carroll deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from John Carroll University.
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.
Looking at the entering class at John Carroll University, 100% of first-time, full-time freshmen received some form of financial aid some 555 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $35,785 |
| Institutional grants & scholarships | 100% | $33,163 |
| Federal Pell grants | 26% | $5,612 |
| State/local grants | 21% | $4,466 |
| Federal student loans | 61% | $5,287 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 96% of the undergraduate population received grant aid that averaged $33,507 (for some 2200 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $33,507 |
| Federal Pell grants | 21% | $5,383 |
| Federal student loans | 55% | $6,410 |
For students living on campus and receiving title-IV aid, grants averaged $37,081.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,263 |
| $30,001 – $75,000 | $22,191 |
| Over $75,000 | $31,417 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $28,746 |
| Off-campus title-IV students | $28,617 |
To get a personalized net price estimate, try John Carroll’s online cost calculator: collegepricecalculator.com/JohnCarrollUniversity.
The middle student in the debt distribution at John Carroll owes $21,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $21,500 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at John Carroll.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,750 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $23,000 |
| Middle income | $20,500 |
| High income | $22,043 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,250 |
| Continuing-generation students | $22,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $24,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at John Carroll.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at John Carroll:
| Metric | Value |
|---|---|
| Stafford loan recipients | 11590 |
| Total Stafford loan amount | $248,752,624 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 23 |
| Total GI Bill amount | $376,349 |
| Average GI Bill amount per recipient | $16,363 |
References
More about our data sources and methodologies.