Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 114, which is 67.11 % of all undergraduate students. 127 students which is 74.11% of undergraduate students received federal student loans and the average loan amount is $6,137.

For full-time, first-time beginning students (freshmen), 88.00% of students received grants or scholarships and 72% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Carnegie Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 114, which is 67.11 % of all undergraduate students. 127 students which is 74.11% of undergraduate students received federal student loans and the average loan amount is $6,137.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14142 (59%)$4,511132 (55%)$3,784173 (72%)$6,113
2014-15169 (68%)$3,273156 (63%)$2,677201 (81%)$5,892
2015-16122 (64%)$3,043112 (59%)$2,475147 (77%)$4,528
2016-17104 (59%)$3,75597 (55%)$3,715120 (68%)$6,288
2017-18147 (88%)$3,228106 (63%)$3,581108 (65%)$6,181
2018-1981 (60%)$4,44079 (59%)$4,190105 (78%)$6,334
2019-2094 (73%)$4,60662 (48%)$4,401104 (81%)$6,670
2020-21100 (82%)$4,45663 (52%)$3,80692 (75%)$6,245
2021-2265 (51%)$4,65763 (49%)$4,12789 (70%)$6,982
Average114 (67.11%)$3,99797 (55.89%)$3,640127 (74.11%)$6,137
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 12 (88.00 % of students) received grants or scholarships and its average amount is $5,980. It can cover 38.98% of tuition & fees ($15,342).

In addition, 10 (72.25 % of students) students get helped from the students loans (average amount : $4,031).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1419 (95%)$5,82517 (85%)$4,870
2014-1525 (89%)$5,31715 (54%)$4,705
2015-1612 (86%)$4,07213 (93%)$2,777
2016-178 (67%)$4,0498 (67%)$4,467
2017-1814 (100%)$6,5819 (64%)$5,408
2018-1915 (100%)$5,58112 (80%)$4,636
2019-208 (80%)$6,6636 (60%)$2,992
2020-212 (100%)$9,399--
2021-223 (75%)$6,3353 (75%)$2,396
Average12 (88.00%)$5,98010 (72.25%)$4,031
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 10 (78.56 % of students) received Pell (federal) grants and its average amount is $4,747.

In addition, 3 students received State/local government grants/scholarships (28.88 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1414 (70%)$4,7275 (25%)$5606 (30%)$6,4503 (15%)$1,000
2014-1521 (75%)$4,3103 (11%)$4005 (18%)$7,6453 (11%)$1,000
2015-1610 (71%)$3,9348 (57%)$3001 (7%)$5,1282 (14%)$1,000
2016-176 (50%)$3,7841 (8%)$2002 (17%)$2,7434 (33%)$1,000
2017-1813 (93%)$5,2243 (21%)$4005 (36%)$4,2052 (14%)$1,000
2018-1914 (93%)$4,8865 (33%)$3872 (13%)$5,6892 (13%)$1,000
2019-208 (80%)$5,4083 (30%)$2,1691 (10%)$2,5301 (10%)$1,000
2020-212 (100%)$4,5461 (50%)$9842 (100%)$4,361--
2021-223 (75%)$5,9042 (50%)$647----
Average10 (78.56%)$4,7473 (31.67%)$6723 (28.88%)$4,8442 (15.71%)$1,000
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 10 (72.25 % of students) get any students loan help and its average loan amount is $10.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1417 (85%)$4,87017 (85%)$4,870--
2014-1515 (54%)$4,70515 (54%)$4,705--
2015-1613 (93%)$2,77713 (93%)$2,777--
2016-178 (67%)$4,4678 (67%)$4,467--
2017-189 (64%)$5,4089 (64%)$5,408--
2018-1912 (80%)$4,63612 (80%)$4,636--
2019-206 (60%)$2,9926 (60%)$2,992--
2020-21------
2021-223 (75%)$2,3963 (75%)$2,396--
Average10 (72.25%)$4,03110 (72.25%)$4,031--