Types of Aid
To qualify for and maintain federal, state, and institutional financial aid eligibility, a student
- Must achieve the requisite GPA for merit scholarships
- Meet Satisfactory Academic Progress requirements (SAP) for federal and institutional need-based financial aid awards
- Satisfy enrollment and other federal and state financial aid requirements
- File the FAFSA annually beginning October 1
- Be working towards their first bachelor’s degree
The value of need-based aid awards can vary from year to year when there are significant changes in the student’s need level. Changes in the number of people in the household, number of undergraduate students in the household attending college, and changes in income, earnings, and assets can affect the student’s need level as determined by the Expected Family Contribution (EFC) calculation and award eligibility. Renewal Criteria for awards is annual completion of the FAFSA and submission of the Clark Application. The availability of awards is subject to funding.
Types of Awards
Federal
Federal Direct Stafford Loans – Loans are repaid to the loan servicer assigned to you after the first disbursement. Repayment begins when you leave, drop below half-time, or graduate. More information can be obtained regarding loans on the NSLDS website.
| Award | Annual Award | Notes |
|---|---|---|
| Federal Pell Grant | $6,095 – maximum | EFC range $0-$5,486Award varies based on EFC & Federal funding |
| Federal Supplemental Educations Opportunity Grant (SEOG) | $2,500 | Priority given to Pell Grant Receipts |
| Federal Work-Study | $2,000 | Paid a paycheck every other week.Award does not guarantee a jobEarnings are not deducted from the bill |
State
| Award | Annual Award | Notes |
|---|---|---|
| State Grants | Dependent on State | File a FAFSA Prior to the states Priority Filing DeadlineGrants vary depending on state participation |
| MA Gilbert Grant | $2,500 | Must be f/t undergraduate StudentMeet MA Residency requirementsPriority given to Pell Recipients |
Institutional Funding
| Award | Annual Award | Notes |
|---|---|---|
| Clark University Grant | Varies depending on need | FAFSA required to award to first time aid applicants. Awarded to undergraduate day school students |
| Dean’s Award | Determined By Admissions | First year applicants |
Institutional merit scholarships awarded to First-Years & Transfer Students:
| Fund | Annual Award | |
|---|---|---|
| Presidential Scholarship | Tuition, on-campus room & board costs |
Merit Scholarships:
| Fund |
|---|
| Traina Scholarship |
| Robert Goddard Achievement Scholarship |
| Jonas Clark Scholarship |
| Scarlet Award |
| 1887 Award |
Office of Financial Assistance
Clark University
Office of Financial Assistance
950 Main Street
Worcester, MA 01610
1-508-793-7478
1-508-793-8802(Fax)
Monday – Friday
8:30 a.m. – 5 p.m.