Carleton College

This page will be updated by late summer of 2022.

National College Match Scholarship Package

These numbers reflect estimated student expenses for the 2021-2022 school year. Amounts will change slightly from year to year, but as the cost of college increases, the scholarship packages will correspondingly increase. Your official financial aid award will be included in a letter directly from Carleton.

Annual Cost of Attendance



Room & Board


Books & Supplies






Health Insurance

See Below

Required Fees




How Annual Costs Are Covered



On-Campus Student Employment


Student Summer Work Contribution


Student Savings


Parent Contribution


Student Loan




Policy Regarding Outside Funding
Outside funding may be used to reduce a student's self-help aid (i.e. work-study and summer work) first. Funding that exceeds the self-help aid will be used to reduce the Carleton grant. 

Policy on Health Insurance
Carleton requires all students to have health insurance. Students are charged for the college health insurance ($2,296) unless they show proof of family coverage. Assistance for health insurance is available.

Policy on Travel Allowance
The travel allowance shown above is an estimated average. The actual allowance used will vary depending on distance traveled.

Requirements Associated with Maintaining this Award
Students must remain in good academic standing each academic term. No specific GPA is required to maintain this award other than the minimum to remain in good standing. The requirements for academic progress can be found here. Students must submit the CSS Profile, FAFSA, and relevant tax returns, W-2s, and any appropriate schedules in order to maintain the match scholarship award each year. 

Other Details
Figures for books, supplies, travel and personal expenses are estimated and can vary depending on each individual student's circumstances. However, the scholarship package awarded will be based on these estimates.

The Student Savings contribution combined with the Summer Work Contribution is usually around $2,000.

Students may choose to replace their work-study eligibility with a loan. In addition, the student's summer work contribution can be replaced with a loan if necessary. Additional grant assistance, upon request, may be available for music lessons.

Carleton College’s Financial Aid Overview 

Carleton College awards financial aid based on need. It does not award academic, athletic, or other merit scholarships, except through the National Merit Program. Carleton is dedicated to meeting the full demonstrated need of each undergraduate for all four years.

Carleton's need-based financial aid is awarded on an annual basis. Unless there is a significant change in your family's financial situation, financial aid awards will remain consistent year to year.