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Carolina University Financial Aid & Debt Outcomes

100% Freshmen Get Financial Aid
$12,235 Average Grant & Scholarship
98% Undergrads Get Grant Aid

The majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Carolina University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

Just what financial assistance solutions will Piedmont International University deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to learn how much school funding will be available to you.

Why You Should Understand Piedmont International University Financial Aid Info

How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Carolina University.

What First Years Receive at Carolina University

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For incoming first-year students at Carolina University, 100% of entering full-time freshmen got some type of financial assistance approximately 110 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$11,947
Institutional grants & scholarships97%$9,923
Federal Pell grants34%$6,318
State/local grants0%
Federal student loans44%$5,355

Grant Aid for Undergraduates at Carolina University

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, around 98% of undergraduates were awarded grant or scholarship aid averaging $12,235 (among about 417 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$12,235
Federal Pell grants37%$6,200
Federal student loans45%$6,247

For students living on campus and receiving title-IV aid, grants averaged $11,852.

Aid by Income Level at Carolina University

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$17,887
$30,001 – $75,000$18,579
Over $75,000$21,379

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

Net Price at Carolina University

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$20,828
Off-campus title-IV students$18,866

For a customized cost estimate, visit Piedmont International University’s online cost calculator: carolinau.edu/npc.

Typical Student Debt at Carolina University

The median student at Piedmont International University graduates with $11,005 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$11,005
Median federal debt (graduates only)$20,287
Typical 10-year monthly payment (graduates)$215.08/mo

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

The Range of Student Debt at this School

Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Piedmont International University.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,750
25th percentile$5,500
75th percentile$16,125
90th percentile (highest-debt students)$25,950

Median Debt by Student Group at Carolina University

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

By Family Income

Income tierMedian federal debt
Low income$11,250
Middle income$11,610
High income$10,135

First-Generation Comparison

CohortMedian federal debt
First-generation students$12,568
Continuing-generation students$9,250

By Dependency Status

CohortMedian federal debt
Dependent students$10,250
Independent students$16,500

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at Piedmont International University.

Student Loans at Carolina University

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Piedmont International University:

MetricValue
Stafford loan recipients4051
Total Stafford loan amount$73,493,946

GI Bill and DoD Benefits at Carolina University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients10
Total GI Bill amount$124,530
Average GI Bill amount per recipient$12,453

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$2,500
Average DoD amount per recipient$1,250

More Financial Aid Resources from Carolina University

References

More about our data sources and methodologies.

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