Cost of college went down for all students at Carrington College-Albuquerque


Tuition and fees fell 1.6 percent for 2018-19 at Carrington College-Albuquerque, according to recent data from the U.S. Department of Education.

New Mexico students paid $46,533 to attend the two-year private for-profit institution this year – $34,251 more than the $12,282 charged for 2017-18.

Data shows 69 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 168 students received grants or scholarships totaling $902,237 and 169 students took out student loans totaling more than $1.7 million.

Including all undergraduates (351), 250 students used grants or scholarships totaling $1.4 million, and 262 students took out $2.7 million in federal student loans.

The cost of attending
Enrollment
2015-16
2016-17
2017-18
2018-19
Change in tuition and fees 2015-16 to 2018-19
In-state
~211
$14,053
$13,978
$12,282
$46,533
231.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Carrington College-Albuquerque in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
154
52%
$670,839
$4,356
State / local grant or scholarship
0
0%
$0
-
Institutional grants or scholarships
32
11%
$231,398
$7,231
Grant or scholarship aid total
168
57%
$902,237
$5,370
Federal student loans
169
57%
$1,575,655
$9,323
Other student loans
10
3%
$90,732
$9,073
Student loan aid
169
57%
$1,666,387
$9,860
Total student aid
203
69%
-
-

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