Office of Financial Assistance

Financial Aid and Financial Assistance at Clark University

Types of Aid

 

Award Annual Award Eligibility Determined Renewal Criteria Comment
Federal Direct Stafford Loan 1st year students:  $3,500

Sophomores: $4,500 

Juniors and Seniors:  $5,500

Need determined by FAFSA FAFSA & No significant change in family financial circumstances as determined by filing the renewal FAFSA. Renewal dependent upon federal funding availability. Depending upon EFC, loan could be subsidized or unsubsidized. All students can borrow up to an additional $2,000 in an unsubsidized Stafford Loan. 
Federal Perkins Loan - Program is being phased out; no new awards being made as of 2016/2017 $4,000 maximum Need determined by FAFSA FAFSA & No significant change in family financial circumstances as determined by filing the renewal FAFSA. Renewal dependent upon federal funding availability. Interest subsidized while student in school
Federal Pell Grant $5,950 maximum Need determined by FAFSA FAFSA & No significant change in family financial circumstances as determined by filing the renewal FAFSA. Renewal dependent upon federal funding availability. Must be working towards first bachelor's degree
Federal Supplemental Educational Opportunity Grant (SEOG) Dependent upon need; $2,500 maximum Need determined by FAFSA FAFSA & No significant change in family financial circumstances as determined by filing the renewal FAFSA. Renewal dependent upon federal funding availability. Priority given to Pell Grant recipients
Federal Work Study $2,000 maximum Need determined by FAFSA FAFSA & No significant change in family financial circumstances as determined by filing the renewal FAFSA. Renewal dependent upon federal funding availability. Funds must be earned by working and job opportunity is not a guarantee; not applied to the bill
Clark University Grant Varies depending upon need Need determined by Office of Financial Assistance and CSS Profile Results FAFSA & No significant change in family financial circumstances as determined by filing the renewal FAFSA. Available to students awarded University Grant in previous years
Clark University LEEP Scholarship Full tuition, room and board cost Merit based, application required Maintain minimum cumulative GPA of 3.0, in appropriate course completion* Eligibility determined at time of Admisison
Clark University Global Scholarship Determined by Admissions Merit based Maintain minimum cumulative GPA of 3.0, in appropriate course completion* Eligibility determined at time of Admisison
Clark University International Scholarship Determined by Admissions Merit based Maintain minimum cumulative GPA of 3.0, in appropriate course completion* Eligibility determined at time of Admisison
Clark University Achievement Scholarship $15,000 maximum Merit based Maintain minimum cumulative GPA of 2.7, in appropriate course completion* Eligibility determined at time of Admisison
Traina Scholarship $20,000 maximum Merit based for students studying the sciences Maintain minimum cumulative GPA of 3.0, in appropriate course completion* Eligibility determined at time of Admisison
Jonas Clark Scholarship

$10,000 maximum Merit Based Maintain minimum cumulative GPA of 2.0, in appropriate course completion** Eligibility determined at time of Admisison
Clark University Dean's Award Determined by Admissions. Merit based Maintain minimum cumulative GPA of 2.0, in appropriate course completion** Contact Admissions for details
Phi Theta Kappa Scholarship $15,000 maximum Merit based; awarded to transfer students Maintain minimum cumulative GPA of 2.7, in appropriate course completion* Eligibility determined at time of Admisison
Transfer Student Achievement Scholarship $15,000 maximum Merit based Maintain minimum cumulative GPA of 2.7, in appropriate course completion* Eligibility determined at time of Admisison
Phi Theta Kappa All-USA Academic Scholarship $18,000 maximum Merit based; awarded to transfer students Maintain minimum cumulative GPA of 3.0, in appropriate course completion* Eligibility determined at time of Admisison
Clark University Transfer Scholarship $12,000 maximum Merit based; awarded to transfer students Maintain minimum cumulative GPA of 2.0, in appropriate course completion** Eligibility determined at time of Admisison
Jonas Clark Transfer Scholarship $10,000 maximum Merit based; awarded to transfer students Maintain minimum cumulative GPA of 2.0, in appropriate course completion** Eligibility determined at time of Admisison
State Grant from student's home state

Dependent upon state. Need is usually determined by FAFSA Dependent upon state. Renewal dependent upon state funding availability. Only some states participate in state grant programs.  May need to file FAFSA before State's filing deadline
Massachusetts Gilbert Grant $2500 maximum Need determined by FAFSA No significant change in family financial circumstances as determined by filing the renewal FAFSA. Renewal dependent upon state funding availability. Must be full time, undergraduate student and resident of MA
Massachusetts No Interest Student Loan Dependent upon student’s need and University’s allocation. Need determined by FAFSA and state funding No significant change in family financial circumstances as determined by filing the renewal FAFSA. Renewal dependent upon state funding availability. MA residents only; due to limited funding, usually awarded to upper-class students with high need only.

* Students must maintain the cumulative GPA indicated on the following schedule:

 

  • First Year Academic Record (second year funding): You must have at least 7 completed courses during your first year; 6 must be graded and you must have earned the cumulative GPA indicated or higher for courses taken throughout your time at Clark.
  • Second Year Academic Record (third year funding): You must have at least 8 completed courses during your second year; 6 must be graded and you must have earned the cumulative GPA indicated or higher for courses taken throughout your time at Clark.
  • Third Year (for final year funding) & Fourth Year Academic Record: You must have at least 8 completed courses during your third year; 7 must be graded and you must have earned the cumulative GPA indicated or higher for courses taken throughout your time at Clark.

** Students must maintain the cumulative GPA indicated in addition to successfully completing at least five courses their first year, six courses their second year and seven courses each year thereafter.