Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 490, which is 66.11 % of all undergraduate students. 393 students which is 54.67% of undergraduate students received federal student loans and the average loan amount is $8,306.

For full-time, first-time beginning students (freshmen), 84.00% of students received grants or scholarships and 74% 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 Carrington College-Albuquerque since 2013.

For that period, the average number of students who received grants aid/scholarships is 490, which is 66.11 % of all undergraduate students. 393 students which is 54.67% of undergraduate students received federal student loans and the average loan amount is $8,306.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14829 (87%)$3,411724 (76%)$3,168504 (53%)$7,870
2014-15639 (78%)$4,227629 (76%)$3,399392 (48%)$7,662
2015-16577 (74%)$4,555568 (72%)$3,563383 (49%)$7,865
2016-17509 (72%)$4,711502 (71%)$3,854396 (56%)$7,708
2017-18250 (37%)$5,733234 (35%)$4,518262 (39%)$10,496
2018-19313 (53%)$4,724298 (51%)$3,509337 (57%)$8,687
2019-20419 (69%)$5,172380 (63%)$3,616385 (64%)$8,436
2020-21419 (62%)$3,987404 (60%)$3,365424 (63%)$8,334
2021-22458 (63%)$4,422417 (57%)$3,659457 (63%)$7,693
Average490 (66.11%)$4,549462 (62.33%)$3,628393 (54.67%)$8,306
*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, 115 (84.00 % of students) received grants or scholarships and its average amount is $4,861. It can cover 7.89% of tuition & fees ($61,578).

In addition, 104 (74.00 % of students) students get helped from the students loans (average amount : $8,091).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14126 (93%)$3,839118 (87%)$8,101
2014-1593 (77%)$5,02084 (69%)$7,947
2015-16102 (83%)$5,13085 (69%)$7,760
2016-1779 (89%)$5,44470 (79%)$7,668
2017-18168 (57%)$5,370169 (57%)$9,860
2018-1968 (86%)$4,70355 (70%)$7,235
2019-20120 (97%)$5,39392 (74%)$7,974
2020-21132 (93%)$4,090126 (89%)$8,187
2021-22150 (81%)$4,758133 (72%)$8,085
Average115 (84.00%)$4,861104 (74.00%)$8,091
*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, 111 (81.67 % of students) received Pell (federal) grants and its average amount is $3,910.

In addition, 11 students received State/local government grants/scholarships (9.13 % 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
2013-14126 (93%)$3,13516 (12%)$63812 (9%)$6,2533 (2%)$1,133
2014-1592 (76%)$3,87331 (26%)$3469 (7%)$10,69631 (26%)$115
2015-16101 (82%)$3,87423 (19%)$35114 (11%)$8,08830 (24%)$356
2016-1779 (89%)$4,16017 (19%)$36013 (15%)$6,86921 (24%)$288
2017-18154 (52%)$4,25436 (12%)$439--32 (11%)$7,231
2018-1963 (80%)$3,77823 (29%)$32212 (15%)$6,200--
2019-20118 (95%)$4,26794 (76%)$1,1037 (6%)$5,720--
2020-21130 (92%)$3,72747 (33%)$4124 (3%)$9,000--
2021-22140 (76%)$4,118106 (57%)$63013 (7%)$5,412--
Average111 (81.67%)$3,91044 (31.44%)$51111 (9.13%)$7,28023 (17.40%)$1,825
*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, 104 (74.00 % of students) get any students loan help and its average loan amount is $104.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14118 (87%)$8,101117 (86%)$7,86415 (11%)$2,390
2014-1584 (69%)$7,94784 (69%)$7,6548 (7%)$3,075
2015-1685 (69%)$7,76083 (67%)$7,60110 (8%)$2,874
2016-1770 (79%)$7,66870 (79%)$7,4607 (8%)$2,082
2017-18169 (57%)$9,860169 (57%)$9,32310 (3%)$9,073
2018-1955 (70%)$7,23555 (70%)$7,1441 (1%)$5,000
2019-2092 (74%)$7,97492 (74%)$7,7402 (2%)$10,802
2020-21126 (89%)$8,187126 (89%)$8,1302 (1%)$3,625
2021-22133 (72%)$8,085132 (71%)$7,3506 (3%)$17,498
Average104 (74.00%)$8,091103 (73.56%)$7,8077 (4.89%)$6,269