Number Received Financial Aid (All Undergraduate)
1,282
Percent Received Financial Aid(All Undergraduate)
62%
Average Aid Amount
$48,547
Number Received Financial Aid (Freshmen)
420
Percent Received Financial Aid (Freshmen)
79%
Financial Aid Information at Carleton
For the academic year 2023-2024, a total of 1,282 students (62% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $48,547. For freshmen (Full-time, first-time degree-seeking undergraduate students), 420 students (79% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Carleton College is $68,892, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,282 students (62% of all students) have received grants or scholarships and the average received aid amount is $48,547. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Carleton College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,282 | 62% | $48,547 |
| Pell Grants | 289 | 14% | $5,199 |
| Federal Student Loans | 894 | 43% | $4,993 |
Beginning Students Financial Aid
a total of 420 beginning students (79% of all freshmen) have received any financial aid and 335 students (63% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Carleton College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 420 | 79% | - |
| Grants or Scholarship from All Sources | 301 | 57% | $51,916 |
| Federal Grants | 88 | 17% | $6,599 |
| Pell Grants | 87 | 16% | $5,270 |
| Other Federal Grants | 44 | 8% | $2,778 |
| State/Local Grants | 33 | 6% | $5,937 |
| Institutional Grants | 301 | 57% | $49,336 |
| Student Loans | 200 | 38% | $4,654 |
| Federal Student Loans | 197 | 37% | $3,872 |
| Other Student Loans | 6 | 1% | $28,002 |
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