by our College Data Analytics TeamA large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Clarke University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financing solutions does Clarke deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Clarke University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Clarke University, 100% of first-year full-time students received aid of some kind some 199 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $28,884 |
| Institutional grants & scholarships | 100% | $24,838 |
| Federal Pell grants | 42% | $5,653 |
| State/local grants | 20% | $7,196 |
| Federal student loans | 77% | $5,528 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Clarke, about 95% of undergraduates were awarded an average grant or scholarship of $27,483 (covering around 758 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $27,483 |
| Federal Pell grants | 37% | $5,708 |
| Federal student loans | 74% | $10,919 |
For students living on campus and receiving title-IV aid, grants averaged $31,303.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,596 |
| $30,001 – $75,000 | $23,052 |
| Over $75,000 | $15,833 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,479 |
| Off-campus title-IV students | $20,068 |
For an estimate tailored to your family circumstances, see Clarke’s NPC: www.clarke.edu/wp-content/uploads/npcalc.htm.
A typical borrower at Clarke leaves with $19,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $26,717 |
| Typical 10-year monthly payment (graduates) | $283.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Clarke.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,826 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,955 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,000 |
| Middle income | $19,500 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $19,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,000 |
| Independent students | $26,250 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Clarke.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Clarke:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4521 |
| Total Stafford loan amount | $97,033,230 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $99,207 |
| Average GI Bill amount per recipient | $19,841 |
References
More about our data sources and methodologies.