Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $43,489 and the average loan amount is $4,953. The average financial aid amount is 68.73% of tuition & fees (tuition & fees: $63,274).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid3,379 48%$146,950,210$43,489
Pell Grants1,074 15%$5,987,117$5,575
Federal Students Loans2,506 36%$12,412,500$4,953

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 837 students have received one or more types of financial aid at Carnegie Mellon University.
The average amount of federal, state, local or institutional grant aid is $47,550 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,883.
The following table shows the financial data by type of aid at Carnegie Mellon University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid89752%--
Grant or scholarship aid837 49%$39,799,497$47,550
Federal Grants294 17%$2,414,329$8,212
Pell Grants293 17%$1,738,705$5,934
Other Federal Grants272 16%$675,624$2,484
State/Local Grants49 3%$178,563$3,644
Institutional Grants828 48%$37,206,605$44,936
Student Loans619 36%$4,260,725$6,883
Federal Student Loans605 35%$2,237,472$3,698
Other Student Loans58 3%$2,023,253$34,884