by our College Data Analytics TeamMany students attending Clark University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What financial aid options does Clark offer, and what will you qualify for? Keep scrolling for answers.
$27,517.00 is the typical Clark University’s first year financial aid package. Approximately 97% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Clark University.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by Clark University.
95% of incoming freshmen (634 total) were given scholarships at Clark University, averaging $25,625.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 23% of first-year students (154 total) got federal grant aid, averaging $6,746.00 per person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.77% | $40,361.00 |
| Income 30k-48k | 7.07% | $39,606.00 |
| Income 48k-75k | 11.28% | $36,147.00 |
| Income 75k-110k | 12.03% | $31,537.00 |
| Income 110k + | 26.02% | $22,458.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
97% of the 665 undergraduates at Clark University receive some sort of grant aid. This is a total of about 634 students getting an average of $27,517.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.