Undergraduate Admissions

U.S. Students: Need-Based Financial Aid

If you wish to be considered for need-based aid (which includes grants, loans and federal work study), you must complete a financial aid application.

Grants | Federal Work Study | Loans


Clark University Grant

Varies depending on need | Determined by Office of Financial Assistance and CSS Profile results

Federal Pell Grant

$5,775 maximum | Need determined by FAFSA

Eligibility for Pell Grants is determined by the U.S. Department of Education. The student must be working toward his or her first bachelor's degree. The amount of the grant is based on the number of courses for which the student will register and the calculated Expected Family Contribution (EFC).

Federal Supplemental Educational Opportunity Grant (SEOG)

$2,500 maximum | Need determined by FAFSA

This federal program provides grant assistance to students who have demonstrated exceptional financial need. Priority is given to Federal Pell Grant eligible students.

State grant from student's home state

Amount varies by state | Usually need determined by FAFSA

Awarded directly by the student's state of legal residence to an eligible full-time students pursuing his or her first bachelor's degree. You will be notified of your eligibility directly by your state. Only some states participate in state grant programs; you may need to file FAFSA before Clark's deadline.

Massachusetts Gilbert Grant

$2,500 maximum | Need determined by FAFSA

Funds are allocated by the Commonwealth of Massachusetts to Clark University for distribution to eligible, full-time undergraduate students who are permanent residents of Massachusetts.


Federal Work-Study

$2,000 maximum | Need determined by FAFSA

Work-study offers students the opportunity to earn part of their college expenses through part-time employment. Earnings through the Federal Work-Study Program (FWSP) are taxable income, and therefore must be reported as income on your tax return. Eligible students are employed on campus or at nearby off-campus sites.

It is important to note that an offer of work-study is not a guarantee of that amount, but rather a limit of potential earnings. Although we hope all students awarded federal work-study will be able to work, we cannot guarantee the student will earn the full amount of their award, nor can we guarantee employment. Potential earnings are not deducted from a student's bill prior to their being earned. Students receive paychecks for actual hours worked, which can be used for personal expenses, books and supplies, or saved for future billed charges.



Federal Direct Stafford Loan

First-year students: $3,500 ; Sophomores: $4,500 ; Juniors and Seniors: $5,500 | Need determined by FAFSA

Subsidized. By recommending a subsidized Federal Direct Stafford Loan, Clark University has determined that you are eligible to receive up to this maximum amount. The interest is subsidized (paid for you while you are in school) by the federal government. You will assume repayment of your loan six months after you cease to be enrolled at least half-time.

Unsubsidized. The unsubsidized Federal Stafford Loan is very similar to the subsidized loan, except that the federal government does not pay the interest on the unsubsidized portion of the loan while you are in school. This means that you will be responsible for those interest payments. You can choose to either make the interest payments while you are in school or allow the interest to accrue and be capitalized prior to repayment. Principal repayment does not begin until six months after you leave school or drop to less than half-time enrollment.

The recommended loan on your award letter represents the maximum amount you may borrow for the year. However, you should not borrow more than you need or will be able to repay. Eligible undergraduates may borrow up to $3,500 asa first-year student, $4,500 as a sophomore, and $5,500 as a junior or senior. The College Cost Reduction and Access Act of 2007 extended the Stafford Loan limits so that all students can borrow up to an additional $2,000 in an unsubsidized Stafford Loan. First-time borrowers of the William D. Ford Direct Loan program will be required to complete an Entrance Interview and a Master Promissory Note. Students will be notified over the summer regarding these requirements.

Federal Perkins Loan

$4,000 maximum | Need determined by FAFSA

This is a low-interest federal loan program that is administered by Clark University. Since funds are limited, preference is given to undergraduate students who demonstrate a high level of financial need. Repayment of this loan begins 9 months after the borrower graduates or ceases to be enrolled at least half-time. The interest rate during repayment is fixed at 5%. The program offers several cancellation and/or deferment provisions for students meeting certain criteria.

Massachusetts No-Interest Student Loan

Amount dependent upon student's need and University's allocation | Need determined by FAFSA and state funding

Undergraduate students who are residents of the Commonwealth of Massachusetts are eligible for this loan offered by the Commonwealth through Clark University. Recipients must meet all eligibility criteria established by the Commonwealth. No interest accrues on this loan, which goes into repayment six months after the student graduates or drops below half-time enrollment. Due to limited funding, it is usually awarded to upperclass students with high need only.