<p>I notice from the CB that they met 100 pct of need , at least for last yr's students. Does that mean they can be considered a 'full need' school? But they will not cap loans, right? SO if someone has a $2k EFC, and CC gives the distribution that CB below says was the avg proportion of grants/loans (75/25), then that student might be looking at $12,500 in loans, correct (assuming a $52k COA)?</p>
<p>The admissions office mentioned that Carleton is need-blind for the first 80 or 90 (something along these lines) percent of students, but starts looking at the amount of aid requested after that. I think it is 100% need meeting school, and as far as I know, you can’t have more than $3,000 in loans per year (so $12,000 for four years).</p>
<p>I believe the limit for loans as part of a financial aid package for 1st year students is generally considered to be $5500. That does not mean this full amount will be in your Carleton aid package. This is just based on what we saw across multiple aid packages from LACs that meet need. You can also certainly have larger loan amounts to help cover your portion (EFC). The aid offer from Carleton did include loans but not the full $5500 amount.</p>
<p>^ That could be right, if you are a citizen you must be eligible for some sort of federal aid/loans, which bumps it up beyond $5500. That’d be a good question to ask the financial aid office though!</p>