Scholarships, Grants, and Loan Trends at Carrington College-Sacramento

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 1,551, which is 54.89 % of all undergraduate students. 1,596 students which is 55.00% of undergraduate students received federal student loans and the average loan amount is $7,514.

For full-time, first-time beginning students (freshmen), 79.11% of students received grants or scholarships and 81% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Carrington College-Sacramento since 2014.

For that period, the average number of students who received grants aid/scholarships is 1,551, which is 54.89 % of all undergraduate students. 1,596 students which is 55.00% of undergraduate students received federal student loans and the average loan amount is $7,514.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-151,512 (66%)$3,9231,436 (63%)$3,6091,237 (54%)$7,485
2015-161,345 (63%)$3,7501,316 (62%)$3,5291,171 (55%)$7,484
2016-171,216 (63%)$3,9371,190 (62%)$3,7251,096 (57%)$7,171
2017-18633 (30%)$5,208561 (26%)$3,764706 (33%)$9,527
2018-192,404 (44%)$3,8622,356 (44%)$3,5832,823 (52%)$7,634
2019-201,465 (60%)$3,6551,293 (53%)$3,3761,489 (61%)$7,594
2020-211,447 (52%)$3,5681,417 (51%)$3,3451,646 (59%)$7,433
2021-221,849 (59%)$3,6941,641 (53%)$3,3561,874 (60%)$6,976
2022-232,092 (57%)$3,8942,036 (56%)$3,5262,325 (64%)$6,321
Average1,551 (54.89%)$3,9431,472 (52.22%)$3,5351,596 (55.00%)$7,514
*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, 343 (79.11 % of students) received grants or scholarships and its average amount is $4,159. It can cover 18.75% of tuition & fees ($22,182).

In addition, 351 (81.00 % of students) students get helped from the students loans (average amount : $7,754).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15129 (85%)$3,851130 (86%)$7,958
2015-16129 (81%)$3,729137 (86%)$7,106
2016-17136 (89%)$4,236139 (91%)$7,260
2017-18278 (40%)$4,923283 (40%)$8,722
2018-19698 (84%)$4,148749 (90%)$7,721
2019-20273 (90%)$4,276274 (91%)$8,161
2020-21349 (90%)$4,180362 (93%)$8,133
2021-22520 (84%)$3,863480 (78%)$7,450
2022-23571 (69%)$4,229607 (74%)$7,273
Average343 (79.11%)$4,159351 (81.00%)$7,754
*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, 327 (75.78 % of students) received Pell (federal) grants and its average amount is $3,791.

In addition, 10 students received State/local government grants/scholarships (2.00 % 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
2014-15123 (81%)$3,65236 (24%)$324--54 (36%)$667
2015-16126 (79%)$3,55549 (31%)$257--55 (35%)$372
2016-17132 (86%)$4,09758 (38%)$2743 (2%)$1,07666 (43%)$243
2017-18240 (34%)$3,41638 (5%)$4073 (0%)$3,23274 (11%)$7,076
2018-19692 (84%)$3,905211 (25%)$41625 (3%)$4,222--
2019-20258 (85%)$3,966143 (47%)$7526 (2%)$6,124--
2020-21345 (89%)$3,98476 (20%)$5015 (1%)$9,286--
2021-22466 (76%)$3,548356 (58%)$83111 (2%)$5,398--
2022-23564 (68%)$3,996217 (26%)$37916 (2%)$4,918--
Average327 (75.78%)$3,791132 (30.44%)$46010 (2.00%)$4,89462 (31.25%)$2,090
*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, 351 (81.00 % of students) get any students loan help and its average loan amount is $351.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-15130 (86%)$7,958129 (85%)$7,4966 (4%)$11,263
2015-16137 (86%)$7,106137 (86%)$6,8924 (3%)$7,349
2016-17139 (91%)$7,260139 (91%)$7,1193 (2%)$6,514
2017-18283 (40%)$8,722280 (40%)$7,94415 (2%)$16,260
2018-19749 (90%)$7,721745 (90%)$7,47319 (2%)$11,344
2019-20274 (91%)$8,161273 (90%)$7,9508 (3%)$8,244
2020-21362 (93%)$8,133361 (93%)$7,89711 (3%)$8,490
2021-22480 (78%)$7,450480 (78%)$7,18014 (2%)$9,256
2022-23607 (74%)$7,273602 (73%)$6,97421 (3%)$10,314
Average351 (81.00%)$7,754350 (80.67%)$7,43611 (2.67%)$9,893

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