by our College Data Analytics TeamThe total cost of attendance at Clarke University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Clarke.
$22,884.00 is the typical Clarke University’s first year financial aid package. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Clarke University you may end up taking on.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The following numbers pertain to assistance that is supplied by Clarke University.
100% of new students (127 total) were given scholarships at Clarke University, averaging $19,757.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 50% of freshman students (64 total) obtained federal grant aid, averaging $4,424.00 a piece.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 18.90% | $27,607.00 |
| Income 30k-48k | 12.60% | $24,701.00 |
| Income 48k-75k | 11.81% | $26,312.00 |
| Income 75k-110k | 20.47% | $21,492.00 |
| Income 110k + | 22.83% | $21,167.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
127 Clarke undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $22,884.00.
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.
