Student Loans for Carleton College Students
About Carleton College
Carleton College is a private, liberal arts college in the state of Minnesota. The college offers various courses at the undergraduate level. Prospective students have a wide variety of courses to choose from including gender studies, theatre & dance, sociology, psychology, pre-med, political science, music, mathematics, linguistics, international relations, history, English, economics, Asian studies, American studies, African American studies and more. In addition to its academic programs, the college has 23 club teams and 19 varsity sports teams. With its mix of curricular and extra curricular programs, Carleton College was ranked the 6th best liberal arts college by the U.S. News and World Report in 2012.
Studying at Carleton College can be expensive. For the year 2012-2013, tuition alone was in excess of $44,000. With other expenses included, the total cost of education at Carleton may exceed $55,000. However, the college offers various opportunities to its prospective students to help fund their education. For the class of 2015, more than 50 % students are expected to receive scholarships and/or grants (both of which do not need to be repaid). The amounts awarded in grants/scholarships will be also be generous and are expected to exceed $27,000. Students who show their need are expected to receive an average financial award in excess of $36,000. In previous years, Carleton College Financial Aid Office has awarded financial aid in excess of $42 million to its students. If a student is interested in receiving such financial assistance, he/she must file the FAFSA application online at www.FAFSA.ed.gov.Carleton Financial Aid Office offers financial aid in two categories: need-based awards and merit-based awards. In the former, student employment on campus, various student loans, grants and scholarships may be offered to a student. In the latter category, a student may be offered student employment on campus along with loans from various sources.
Carleton College Student Loans
If you don’t qualify for Carleton’s financial aid program, you may be eligible to apply for private student loans. These loans may help you secure the funding you need to finance your college education. However, there are many private lenders and the terms and conditions of these private loans are variable. And the interest rates are not always the same. That’s why you should make use of our free student loan comparison tool, which helps you find the best private loan for you.
Yes, there are a few merit-based scholarships offered to students. Some of these scholarship programs are need-based, include the National Merit Scholarship program, the National Achievement Scholarship program, and the Hispanic Recognition scholarship program. These programs can reach $2,000 per year and can be applied for through a simple application procedure.
How do I check my OSAP assessment results for Carleton financial aid?
Checking your OSAP assessment results is quite easy: log into your OSAP account at www.ontario.ca.osap to check both your status and results. The OSAP results will become available within the next week. Remember, though, that OSAP is not intended to cover the entire cost of your education; it is a supplementary from of financial assistance aimed to help your family afford the high cost of college education.
Pay for Carleton College*
|Total Avg. Cost||$54,265|
|Room & Board||$10,806|
|Financial Aid Information|
|Students Receiving Fin Aid||82%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$4,900|
|%Receiving Other Loans||9%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics