Number Received Financial Aid (All Undergraduate)
2,631
Percent Received Financial Aid(All Undergraduate)
95%
Average Aid Amount
$21,495
Number Received Financial Aid (Freshmen)
666
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Carroll
For the academic year 2023-2024, a total of 2,631 students (95% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $21,495. For freshmen (Full-time, first-time degree-seeking undergraduate students), 666 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Carroll University is $38,890, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,631 students (95% of all students) have received grants or scholarships and the average received aid amount is $21,495. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Carroll University 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 | 2,631 | 95% | $21,495 |
| Pell Grants | 600 | 22% | $4,972 |
| Federal Student Loans | 1,700 | 61% | $6,447 |
Beginning Students Financial Aid
a total of 666 beginning students (100% of all freshmen) have received any financial aid and 666 students (100% 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 Carroll University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 666 | 100% | - |
| Grants or Scholarship from All Sources | 665 | 100% | $24,766 |
| Federal Grants | 170 | 25% | $5,757 |
| Pell Grants | 167 | 25% | $4,864 |
| Other Federal Grants | 170 | 25% | $978 |
| State/Local Grants | 197 | 29% | $3,488 |
| Institutional Grants | 665 | 100% | $22,261 |
| Student Loans | 424 | 63% | $8,240 |
| Federal Student Loans | 419 | 63% | $5,296 |
| Other Student Loans | 90 | 13% | $14,161 |
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