by our College Data Analytics TeamA lot of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Clarkson College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Clarkson College offer, and what will you qualify for? Keep reading for more information. Keep going to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Clarkson College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Clarkson College, 100% of entering full-time freshmen got some type of financial assistance (about 23 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $6,635 |
| Institutional grants & scholarships | 65% | $5,899 |
| Federal Pell grants | 30% | $3,600 |
| State/local grants | 17% | $1,250 |
| Federal student loans | 91% | $4,012 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, some 69% of undergraduates were awarded grant or scholarship aid averaging $4,975 (across roughly 422 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $4,975 |
| Federal Pell grants | 40% | $3,709 |
| Federal student loans | 81% | $7,526 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,429.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,033 |
| $30,001 – $75,000 | $20,382 |
| Over $75,000 | $14,783 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,241 |
| Off-campus title-IV students | $15,928 |
For a customized cost estimate, visit Clarkson College’s online cost calculator: www.clarksoncollege.edu/netpricecalculator/npcdefault.htm.
Graduating students at Clarkson College carry a median federal student debt of $19,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $23,716 |
| Typical 10-year monthly payment (graduates) | $251.43/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Clarkson College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $10,516 |
| 75th percentile | $32,400 |
| 90th percentile (highest-debt students) | $42,161 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $24,508 |
| Middle income | $19,500 |
| High income | $18,515 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,000 |
| Continuing-generation students | $18,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,046 |
| Independent students | $24,915 |
A handful of calculated indicators summarize the debt outlook at Clarkson College.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Clarkson College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4337 |
| Total Stafford loan amount | $123,036,622 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $515,874 |
| Average GI Bill amount per recipient | $15,173 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.