Quad

Cost & aid

What it costs

In 2023–24, the average first-year paid an estimated $51,187 in total (tuition, housing, food, books and other costs, after grants), $26.9K more than the national median. The 59% who received grants paid $28,047 on average; the other 41% paid the full sticker price of $84,893.

−5% after inflation since 2013–14Over time
Full price
$84,893 a year
tuition, housing, food, books, and other costs
Need-based aid
Published data end at $110K
use the college's net price calculator for higher incomes
Merit aid
3.1% · avg $2K
of first-years without need got merit aid

Cost by family income

Per year for a typical family of four with one child in college. Up to $110K it is the average price federal aid recipients paid (2023–24).

Hover, tap, or use the arrow keys to read the price at an income.

$0$25K$50K$75K$0$100K$200K$300K$400K+Full price $85KPublished data end at $110KUse the college's calculatorMerit: $83K
  • Published federal figures
  • With an average merit award: $83K · 3.1% got one. A possibility, not a promise
View as a table
Price per year by family income
Family incomePrice per year
$0–30K$8K a year
$30–48K$8K a year
$48–75K$10K a year
$75–110K$18K a year
$150KPublished data end at $110K
$200KPublished data end at $110K
$250KPublished data end at $110K
$300KPublished data end at $110K
$350KPublished data end at $110K
$400K and abovePublished data end at $110K
$150K a year

At $150K: Published data end at $110K

Published data end at $110K; use the college's net price calculator for a number.

Your own number depends on the details below, so use the college's calculator for it.

What can change this

  • Savings and investments above a typical amount raise the price. The curve assumes typical assets.
  • Home equity: some colleges that use the CSS Profile count it. Check this college's own aid page or calculator.
Average total cost per year, all first-years (est.)

$51,187

Tuition, housing, food, books & other expenses, after grants · 2023–24

Full price$84,893
− Grants, averaged over every first-year−$33,706

59% got grants averaging $56,846; 41% got none.

= Average total cost$51,187
Tuition & fees$65.5KRoom & board$16.7KBooks & supplies$938Other expenses$1.8K

Who pays what

Received grants · 59%$28,047 averagenet price after grants
No grants · 41%$84,893full sticker price

Share of first-year students, 2023–24.

Compared to all colleges$51,187
National median: $24,284Above typical

Housing and food use the college's on-campus rates, so the estimate runs high where many students live at home. “Other expenses” is the college's estimate of personal and transportation costs. Loans aren't subtracted because they're repaid.

Next year (2026–27), reported by Carleton College

$94,986 before aid

Tuition, fees, and on-campus food and housing · up 16% from 2023–24.

Show the full next-year estimate
  • Tuition, fees, food & housing$94,986
  • Books and supplies$1,101
  • Transportation$850
  • Other expenses$939
  • Total for a student living on campus$97,876
Median debt at graduation

$16.8K

≈ $178/month for 10 years

Payback estimate

2.7 yrs

of median salary to cover 4 years of net price

Undergrads with a federal loan43%
National median: 45%About typical

43% of undergrads borrow federally.

Median federal debt, by background

Everyone who borrowed and left, whether or not they graduated.

Pell Grant recipients$14,983
No Pell Grant$16,254
Family income under $30K$14,178
$30K–$75K$15,167
Over $75K$16,500

Three years into repayment

Where former undergraduates stand on their federal loans.

  • Paid in full40–44%
  • Paying it down30–34%
  • Payments paused15–24%
  • Not paying it down5–9%
  • Behind or in default0–10%
  • Forgiven or discharged0–5%

Some shares are published as a small range to protect privacy.

Who actually gets aid

40%of full price

Aid generosity

Moderate

Grants cover 40% of the $84,893 full price on average across all first-years (moderate), more than at 49% of colleges.

$33,706 in grants per first-year ÷ $84,893 full price.

Compared to every college40%
40%
← Limitedmore generous than 49% of 1,514Very generous →

Who gets grants and scholarships

Full-time first-year students (538), 2023–24

Received grants or scholarships, avg $56,846 No grants

About 1 in 2 first-year students got no grant aid and paid the full sticker price of $84,893.

Where the aid comes from

From the college59% · avg $53.1K
Pell Grants21% · avg $6.2K
State or local grants10%
Student loans41% · avg $5K

Share of first-year students receiving each; averages are per recipient.

Aid by family income

The whole first-year class (538)

  • Federal aid + grants256avg grant $60.4K
  • Grants, no federal aid63avg grant $42.3K
  • No grants219pay full price

Students with grants but no federal aid usually got the college's own need-based aid (without federal loans or Pell) or merit aid.

By family income: only students who received federal aid (260 of 538), because income is only reported for them.

IncomeStudentsAvg grant
$0–30K40$77K
$30–48K30$76.7K
$48–75K38$75.2K
$75–110K40$66.4K
$110K+112$40.8K

From Carleton College's Common Data Set

First-years and all full-time undergraduates, 2025–26 (estimated).

First-yearsAll full-time
Have financial need57%293 students56%1,077 students
Need met, on average100%100%
Need fully met100%100%
Average aid package$72,667$73,117
Average need-based grant$66,762$65,579
Average need-based loan$3,974$5,065
Merit aid without need3%average $2,0003%average $3,197

0% of the college's own grant dollars were awarded without regard to need.

Each college decides what a family needs, so “100% of need met” can mean different prices at different colleges. Merit awards that went toward a student's need count as need-based here.

Applying for aid

For fall 2026 entrants.

To apply for aid: the FAFSA and the CSS Profile.

If your parents are divorced or separated, the other parent also files the .

Need is calculated with the college's own formula as well as the federal one.

Priority date: January 15 · Aid offers: about March 15 · Reply by: May 1

Dates for fall 2026 entrants; the next cycle's are usually similar.

In the college's words:

“Carleton offers outsized financial support for middle-income families. Since 2013, we have ensured that at least 30% of every incoming class is made up of students from middle-income families.”
Carleton College Common Data Set

International students

63 international students received an average of $81,596 from the college in 2025–26 (estimated).

Need-based aid offered.

International applicants file: the CSS Profile, the college's own form ().

Sources:IPEDS Institutional Characteristics survey, 2023–24;IPEDS Student Financial Aid survey, 2023–24;College Scorecard, 2023–24;College Scorecard, most recent release;Carleton College Common Data Set 2025–26, 2026–27;Carleton College Common Data Set 2025–26, 2025–26 (estimated);Carleton College Common Data Set 2025–26, Fall 2026 entrants;Carleton College Common Data Set 2025–26, 2025–26;IPEDS directory (Institutional Characteristics: HD), 2025–26;Carleton College (2026–27), 2026–27;Common Data Set, most recent releaseAbout the data(retrieved 2026-10-12)