1. Admission & Aid
  2. Scholarships & Aid

Scholarships & Aid

Leading Graduation Rate + Generous Scholarships + One-on-One Advice and Attention = A wise financial decision

Financial Aid at Carroll College

Students with your financial background choose to attend Carroll College every year.

On initial examination, the costs may seem large.  However, upon closer examination, there are many ways to fund these expenses and invest in your education and future. We think you will find it the wise decision.

Income profile of 2021-22 enrolled students who filed the FAFSA
Generous Financial Packages

The 2023-2024 direct billable charges at Carroll College are $51,564. These charges include tuition and fees, housing and food. It may seem like a big number to start with, but as you can see in this graphic, our average awards quickly begin to knock this number down.

Every student's financial costs will look slightly different, and each student will meet their needs in different ways, but all students will benefit from a few similar aid resources.

Start with Merit Scholarships

Apply for admission, which is always free! We will immediately let you know what level of Merit Scholarship you may qualify to receive. Merit Scholarships are based on your GPA and test score (ACT or SAT).

Our merit scholarships range from $17,000 to $24,000 a year for up to four years.  Our Merit Scholarship Calculator can help you predict where you stand. Additional scholarships are generally on top of your Merit Scholarship; think of it as getting dessert before dinner.

Next fill out the FAFSA and prepare to be surprised

EVEN IF YOU THINK you won’t qualify for any aid, we encourage you to fill out the FAFSA. There are Carroll College grants and scholarships you may be eligible for just because you filed the FAFSA. These grants and scholarships include large awards like the Montana, Oregon and Idaho Advantage Awards that range from $2,000 to $10,000. There are also special room grants for special populations.

If you apply and submit your FAFSA by December 1, 2022 you will receive a full Financial Aid Offer Letter by January 15, 2023.

Your Financial Aid Offer Letter (available in electronic or print)

The financial aid offer letter will include federal loans that you are eligible to borrow. You don’t have to make a final decision on any loans until you consider all other aid resources. There are many types of aid resources available. The 2023-24 award offers are now available on online at Carroll Self-Service or through a paper copy.

Now it’s time to think about what other resources you can use.

Carroll College awards scholarships in athletics, talent-based activities like choir, band, forensics (speech/debate), and for academic pursuits like history or education.  The Carroll College activities page has this information.  WE ARE HERE for a one-on-one meeting or phone calls to help you identify your financial need and to discuss strategies for closing any financial gap you may have.

We look forward to hearing from you to schedule a time to meet in person or to set up a one-on-one call with you or your family. We are ready to talk about loans, payment plans, and even help plan out the next four years to make sure you stay on track.

It may seem like a big number when you start out, but take these three steps and you will see how we can help you meet your goals and become a Saint.

  1. Apply for admission and find out your Merit Aid Level;
  2. Fill out the FAFSA so we can determine what other forms of aid might be available;
  3. Apply for scholarships. We are here by phone, email or in person to help.

Deadlines

The earlier you begin the financial aid application and submit everything that’s needed, the better. It starts by completing the Free Application for Federal Student Aid (FAFSA), which will determine how much federal aid for which you may qualify. Here are some important deadlines for you to keep in mind:

  • October 1 - Begin submitting 2023-2024 FAFSA
  • Degree-seeking students receiving institutional aid graphicDecember 1 - Priority Deadline for need-based Carroll financial aid (FAFSA must be submitted for priority consideration)
  • January - 2023-2024 Financial Aid Offers available (new, accepted students with FAFSA results on file with the Financial Aid Office)
  • June 1 - Begin acceptance and processing of applications for 2023-2024 private education loans (Parent PLUS or other private loan).

Contact Us

We realize the financial aid process can be intimidating and confusing. That’s why we’re here. Our supportive professional financial aid counselors will help you navigate the process from start to finish. Remember to be organized, keep all documentation you receive regarding financial aid together, and please contact us with any questions you may have along the way at (406) 447-5425 or (800) 992-3648, Ext. 5425, as well as fao@carroll.edu.