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What is the average financial aid amount at Carleton College?

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For the academic year 2022-2023, total 441 full-time, first-time students (79% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,301 students (64% of all students) received grants or scholarships and the average grant amount is $45,284. In addition, 917 students received student loans and the average loan amount is $4,960.

Below tables show the number and amount by source of financial aid at Carleton College.
All Undergraduate Student Financial Aid at Carleton College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,30164%$45,284
Pell Grants28614%$4,794
Federal Student Loans91745%$4,960
Beginning Students (Freshmen) Financial Aid at Carleton College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid44179%-
Grants or Scholarship from All Sources33360%$46,821
Federal Grants6912%$6,483
Pell Grants6912%$4,990
Other Federal Grants356%$2,943
State/Local Grants204%$5,941
Institutional Grants33360%$45,121
Student Loans22941%$4,492
Federal Student Loans22841%$3,865
Other Student Loans112%$13,397

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