Federal Student Debt Cancellation update: The Biden-Harris Administration recently announced a new one-time student federal loan cancellation to be granted based on income. Student loan payment pause extended through 12/31/2022. Visit go.carleton.edu/debt-relief for an overview and next steps.

Aerial view of campus with blue filter

Student Financial Aid

Sayles Hall building with spring branches

Carleton’s Commitment

We meet 100 percent of every student’s demonstrated need. We approach financial aid as a partnership between Carleton, our students, and their families. When you apply, we start by determining what your family can reasonably pay. We use a combination of need-based grants, student employment, and manageable loans to cover the rest.

Our goal: To make Carleton affordable to every admitted student.

Key Financial Aid Dates

Financial aid deadlines are the same as admission application deadlines. Notification of aid amount is sent with your acceptance letter.

 DeadlineNotification By
Fall Early DecisionNovember 15December 15
Winter Early DecisionJanuary 15February 15
Regular DecisionJanuary 15April 1
Transfer StudentsMarch 31May 15
Returning Students (Round 1)January 10End of February
Returning Students (Round 2)March 28Mid-May

Financial Aid by the Numbers

$19K

Average amount a family on aid pays

79%

Students who work a campus job