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What is the average loan amount at Carnegie Mellon University?

For the academic year 2022-2023, total 804 full-time, first-time students (42% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 2,676 students (39% of all students) have received federal student loans and the average loan amount is $5,428 at Carnegie Mellon University.

Below tables show the number and amount by source of financial aid at Carnegie Mellon University.
All Undergraduate Student Financial Aid at Carnegie Mellon University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,30648%$40,660
Pell Grants1,00815%$5,341
Federal Student Loans2,67639%$5,428
Beginning Students (Freshmen) Financial Aid at Carnegie Mellon University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,06756%-
Grants or Scholarship from All Sources89647%$43,966
Federal Grants28715%$7,533
Pell Grants28615%$5,176
Other Federal Grants25013%$2,727
State/Local Grants583%$3,212
Institutional Grants89647%$41,345
Student Loans80442%$6,525
Federal Student Loans79642%$3,920
Other Student Loans653%$32,700

Know more about CMU

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