Carleton College is committed to using the Principles & Standards of the College Cost Transparency Initiative in its student financial aid offer.
Our financial aid packages are typically a combination of three types of aid: grants and scholarships, loans, and student employment. Because our goal is to keep debt low and student work hours manageable, the majority of our aid packages are grants, which you don’t need to repay. All Carleton grants and scholarships are need-based. National Merit is the only merit-based scholarship at Carleton.