by our College Data Analytics TeamFinancial 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.
Discover the financial aid possibilities at Clarkson and learn what assistance you might qualify for by continuing to read.
$39,023.00 is the typical Clarkson University’s first year financial aid package. About 100% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Clarkson 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 Clarkson University.
100% of new students (789 total) were offered scholarships at Clarkson University, averaging $36,967.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 24% of freshman students (192 total) obtained federal grant aid, averaging $5,287.00 a piece.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.77% | $52,789.00 |
| Income 30k-48k | 6.08% | $48,054.00 |
| Income 48k-75k | 10.14% | $42,325.00 |
| Income 75k-110k | 15.59% | $39,587.00 |
| Income 110k + | 33.21% | $33,710.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 789 undergraduate students at Clarkson University around 100% (789 total) receive some form of grant aid. The typical amount awarded was $39,023.00.
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.
