All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Carroll College since 2020. For that period, the average number of students who received grants aid/scholarships is 1,322 (95.63 % of all undergraduate students) and 747 (53.88 % of all undergraduate students) students received federal student loans (average loan amount: $6,951).
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-131,393 (95%)$15,471317 (22%)$4,014819 (56%)$7,216
2013-141,361 (97%)$19,101295 (21%)$4,032808 (58%)$7,549
2014-151,386 (97%)$21,061308 (22%)$4,192805 (56%)$7,369
2015-161,414 (96%)$18,626310 (21%)$3,919800 (54%)$6,884
2016-171,341 (97%)$20,934289 (21%)$4,164755 (55%)$6,766
2017-181,299 (95%)$22,600301 (22%)$4,295724 (53%)$6,785
2018-191,215 (92%)$23,764262 (20%)$4,478669 (50%)$6,574
2019-201,165 (96%)$25,492257 (21%)$4,693599 (49%)$6,467
Average1,322 (95.63%)$20,881292 (21.25%)$4,223747 (53.88%)$6,951

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

OverviewGrants/ScholarshipStudent Loans
For the last 8 years, on average, 328 (99.50 % of students) received grants or scholarships and its average amount is $20,315. In addition, 192 (58.13 % of students) students get helped from the students loans (average amount : $7,262).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13381 (99%)$14,844244 (64%)$6,863
2013-14313 (99%)$16,380195 (62%)$8,179
2014-15353 (100%)$18,616208 (59%)$7,381
2015-16385 (99%)$19,151224 (58%)$7,476
2016-17337 (100%)$20,475202 (60%)$6,695
2017-18292 (99%)$21,919167 (57%)$7,547
2018-19253 (100%)$24,432140 (55%)$7,391
2019-20311 (100%)$26,704157 (50%)$6,561
Average328 (99.50%)$20,315192 (58.13%)$7,262
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile 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 8 years, on average, 72 (21.75 % of students) received Pell (federal) grants and its average amount is $4,294.
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
2012-1379 (21%)$4,08118 (5%)$498--381 (99%)$13,974
2013-1461 (19%)$4,0926 (2%)$500--313 (99%)$15,573
2014-1584 (24%)$4,27826 (7%)$500--353 (100%)$17,561
2015-1694 (24%)$3,80258 (15%)$466--385 (99%)$18,152
2016-1770 (21%)$4,28641 (12%)$497--337 (100%)$19,525
2017-1861 (21%)$4,27535 (12%)$500--292 (99%)$20,966
2018-1962 (24%)$4,66153 (21%)$500--253 (100%)$23,185
2019-2062 (20%)$4,87955 (18%)$589--311 (100%)$25,628
Average72 (21.75%)$4,29437 (11.50%)$506--328 (99.50%)$19,321
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentile 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 8 years, on average, 192 (58.13 % of students) get any students loan help and its average loan amount is $192.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13244 (64%)$6,863243 (63%)$6,20513 (3%)$12,836
2013-14195 (62%)$8,179192 (61%)$6,39129 (9%)$12,682
2014-15208 (59%)$7,381208 (59%)$6,58211 (3%)$15,121
2015-16224 (58%)$7,476221 (57%)$6,09725 (6%)$13,086
2016-17202 (60%)$6,695200 (59%)$5,58121 (6%)$11,249
2017-18167 (57%)$7,547167 (57%)$5,75518 (6%)$16,624
2018-19140 (55%)$7,391140 (55%)$5,27722 (9%)$13,450
2019-20157 (50%)$6,561157 (50%)$5,24915 (5%)$13,730
Average192 (58.13%)$7,262191 (57.63%)$5,89219 (5.88%)$13,597

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