Current Students
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Financing Options
At Clark University, we realize that preferences and needs for additional resources for financing your education are as individual as each student.
We encourage families to consider ways to pay for educational costs that best fit their needs. Below are some suggestions you can review to determine what fits your personal financial situation.
Payment Plans
Information on Billing, Payment Plans, and Due Dates
Loan Options
We recommend that you borrow for the cost of the entire academic year, not one semester as a time. Loans should be secured no later than one week prior to the billing due date to allowing time for processing and avoid late fees, interest charges and cancelled registrations. Private student loan certification will begin in June.
Federal Direct PLUS Loan
The Federal Direct PLUS Loan is a Parent Loan for Undergraduate Students reserved for the parent of a dependent, undergraduate student. The lender is the federal government. The interest rate and origination fee is reset each July 1 for the upcoming academic year. During the 2023-2024 academic year, 229 Federal Direct PLUS Loans were borrowed with an average loan of $17,926.
Verification
Some students who apply for financial aid will be selected for verification by the federal processor. This federally mandated verification process uses documentation to confirm that the information provided on your Free Application for Federal Student Aid (FAFSA) is correct to ensure that you receive all the federal financial aid to which you are entitled.
Office of Financial Assistance
Office Location
Clark University
Office of Financial Assistance
950 Main Street
Worcester, MA 01610
1-508-793-7478
1-508-793-8802