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Carleton College Tuition Information

In 2021, tuition for full-time students at Carleton College was $59,850 a year.

Tuition increased 1.5 percent in 2021, from $58,968 the prior year. On average, college tuition rises about 3 percent a year.

If these numbers sound high, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make the amount you do have to pay for college more manageable.

In-state vs. Out-of-state Tuition at Carleton College

Carleton College is a private, nonprofit institution, so it has the same tuition for residents of Minnesota as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.

Choosing a college where you qualify for in-state can cut the cost of college tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition

Explore other Minnesota colleges

Carleton College International Student Tuition

Carleton College has the same tuition for international students as for those from out of state.

International students are not eligible for federal financial aid, but may be eligible for school-specific aid and scholarships. International students with need may be eligible for the following types of financial support:

On-campus jobs

Carleton College-specific loans

Carleton College-specific scholarships

Carleton College Living Expenses and Other Costs

In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies.

Room and Board at Carleton College

Room and board at Carleton College is $15,375 a year. This includes the cost of living in dorms or other campus housing, plus a meal plan that allows you to eat in the school dining facilities.

Board costs may vary depending on how many meals are included in the meal plan you choose.

Cost of Books at Carleton College

The cost of books often surprises first-year college students. At Carleton College, you can expect to pay about $933 a year for books and supplies. This does not count the initial cost of a computer or other technology. The actual cost of books depends on the courses you take and the materials required.

Yearly Fees

Most schools also have fees to help cover the cost of facilties, like the library, gym and computer labs. Full-time undergrads at Carleton College pay $375 in fees each academic year.

There may also be optional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team, may mean additional fees.

Transportation costs

The total cost of transportation in college can really vary. It depends on if you drive or fly to get to school, own a car, or if you prefer to walk or take public transportation to get around campus.

A school's location can impact transportation costs. The Carleton College campus is in a small town setting in Minnesota, not far from Minneapolis-St. Paul. First-year students are not allowed to park a car on campus.

For Carleton College students, $800 is good ballpark for transportation costs for on-campus students.

Other College Costs

When creating a budget for college, don’t forget to leave some room in your budget for personal expenses, like entertainment, clothes, furnishings and toiletries.

Let’s look at the breakdown of all expenses, which can add up for both on-campus and off-campus students.

How much does Carleton College cost?

2021 Total Tuition and Expenses
Tuition $59,850
Room and Board $15,375
Books and Supplies $933
Yearly Fees $375
Transportation $800
Other expenses $932
Total Estimated Costs
On-Campus $77,465
Off-Campus $61,158

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Financial Aid at Carleton College

The majority of Carleton College undergrads use financial aid to finance their education. In 2021, 1,158 of the 1,940 undergrads enrolled received financial aid. Carleton College meets 100 percent of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $54,854 a year. Around 39 percent of Carleton College undergrads take out student loans to cover any remaining costs. Carleton College graduates who have student loans graduate with an average of $20,025 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans $16,925
State Loans $25,971
Carleton College-Specific Loans $6,468
Private Loans $36,440
Most Common Loans for Carleton College Students
Federal Loans 37%
State loans 1%
Institutional Loans 4%
Private loans 2%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Carleton College financial aid, keep reading, or visit their financial aid website.

Scholarships at Carleton College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2021, Carleton College awarded 1,158 need-based scholarships to students, giving away total of $66,229,579 to help students with financial need cover the cost of school. An additional $1,535,063 in merit-based scholarship money was awarded to students without demonstrated financial need.

Carleton College Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Carleton College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Carleton College was $54,854 in 2021. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Carleton College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $22,611
Off-Campus $6,304

What will attending Carleton College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Carleton College's net cost calculator on their website.

Carleton College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Carleton College does not have guaranteed tuition.

The school offers a Prepaid Tuition Plan, which is a type of college savings plan that enables people to purchase future credits for their children at today's rate. It is best for people who are sure they or their child will attend a public school in their state.

Carleton College offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Carleton College Tuition Waivers

Schools sometimes offer tuition waivers to certain groups to cover some or all of the cost of tuition. Some schools offer them for employees and their family, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student

Carleton College has some full or partial tuition waivers available for: Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Carleton College Tuition & Fees

Tuition & Fees

$76,533

In State

$76,533

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$59,850
$59,850
Fees
$375
$375
Housing
$15,375
$15,375
Books
$933
$933

Carleton College Financial Aid

Students Who Receive Need-Based Aid

60%

Average Financial Aid Package

$53,497

© 2021 College Confidential / Concentrical LLC, Data provided by IPEDs and Peterson's Databases, © 2020 Peterson's LLC.

Quick Facts

Total Enrollment

1,940

Campus Setting

Small Town

Acceptance Rate

21%

Tuition and Fees

In State

$60,225

Out-of-State

$60,225

Fall Freshmen
Application Deadline

Jan 15
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