Need-Based Aid


Carthage awards more than $20 million in assistance to incoming students each year.

In addition to generous non-need based scholarships, many Carthage students receive assistance based on demonstrated financial need. Every applicant qualifies for some assistance. In fact, the average aid package at Carthage covers nearly two-thirds of total costs.

The first step is to file the FAFSA (Free Application for Federal Student Aid). We recommend that you file the FAFSA as soon as it opens during your senior year of high school for maximum Carthage financial aid consideration. Please note: The FAFSA will open on Dec. 31, 2023, for the 2024-25 academic year. Carthage’s FAFSA code is 003839. A copy of your FAFSA will be sent to Carthage after you file online so we can put together your financial aid award.

Types of Need-Based Awards:

Grants and scholarships

These come from many sources, but Carthage provides the bulk of grant funds. The federal government and some state governments also provide substantial grant assistance. Learn more about Carthage scholarships and grants.


Federal loans include the Direct (Stafford) for students and the PLUS loan for parents.

Federal Work-Study

This is the primary source of student employment at Carthage. Students may earn approximately $2,000 by working an average of 10 hours weekly.


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