The CMU Enrollment Bulletin showcases the latest research on financial aid, national student data, higher education hot topics and more.
Financing a college education takes creativity, commitment and support. This bulletin examines the financial aid landscape for undergraduates at Carnegie Mellon, including need-based financial aid, types of aid, Pell Grant dollars, average borrowing, and graduates' loan default rates.
Recognizing that each student and family will arrive at their own "equation" about the cost and value of a private educational experience such as the one Carnegie Mellon offers, the information in this bulletin is intended to provide context for these conversations and decisions.
Various factors contribute to the annual determination of tuition and fees. Like many of its peers, Carnegie Mellon is an expensive institution; at the same time, we are committed to making a CMU education attainable for students from all socio-economic backgrounds by applying tiered tuition increases and over $75 million of CMU dollars (in 2012-13) for need-based financial aid. In comparison to our peers, CMU provides a better value to our students in terms of annual expenditures that support student instruction.