Carnegie Mellon is proud of its commitment to need-based financial aid and has a financial aid program designed to provide you and your family with options to afford college. Specifically, our approach to judiciously awarding financial aid makes it possible for families from all economic backgrounds to afford a Carnegie Mellon education. 76% of first year students who applied for financial aid received need-based assistance.
Please note that families in higher income ranges who receive financial aid tend to have multiple students enrolled in college.
|Income Range||% Receiving Aid||Average Grant||Average Total Financial Aid Award|
|$0 - $49,999||99%||$57,651||$62,695|
|$50,000 - $99,999||98%||$48,828||$54,678|
|$100,000 - $149,999||95%||$33,432||$40,010|
|$150,000 - $199,999||89%||$22,237||$28,164|
|$200,000 - $249,999||71%||$17,524||$18,587|
Types of Aid
Applying for financial aid can be a confusing process, especially if you're applying for the first time. We're here to help.Review what types of aid are offered at Carnegie Mellon
The Value of Carnegie Mellon
There’s no denying it, a private college education is expensive. We hope that you'll consider an education from Carnegie Mellon to be an investment in your future.Learn more about the value of a Carnegie Mellon education
Net Price Calculator
Carnegie Mellon provides the Net Price Calculator in partnership with College Board for prospective students and their families to estimate financial aid eligibility as if enrolled at Carnegie Mellon in the previous academic year.Read more about the Net Price Calculator
Financial Aid FAQ'sFrequently Asked Questions