by our College Data Analytics TeamThe total cost of attendance at Carroll Community College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What financial aid options does Carroll Community College offer, and what will you qualify for? Keep scrolling for answers.
$4,243.00 is the typical Carroll Community College’s first year financial aid package. Financial aid is provided to about 55% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Carroll Community College.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by Carroll Community College.
27% of new students (116 total) were offered scholarships at Carroll Community College, averaging $2,330.00 per person. This puts it in the bottom 50th percentile among colleges and universities nationwide.
As well as scholarships, 33% of freshmen (138 total) obtained a federal grant, for about $4,589.00 a piece.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.80% | $6,252.00 |
| Income 30k-48k | 8.06% | $5,081.00 |
| Income 48k-75k | 5.45% | $3,348.00 |
| Income 75k-110k | 1.18% | $1,458.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
55% of the 422 undergraduates at Carroll Community College receive some sort of grant aid. This is a total of about 234 students getting an average of $4,243.00 per person.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.