{"id":304,"date":"2025-01-28T16:57:58","date_gmt":"2025-01-28T16:57:58","guid":{"rendered":"https:\/\/www.golive.clarku.edu\/financial-aid\/?page_id=304"},"modified":"2025-09-03T15:54:37","modified_gmt":"2025-09-03T19:54:37","slug":"types","status":"publish","type":"page","link":"https:\/\/www.clarku.edu\/financial-aid\/types\/","title":{"rendered":"Types of Aid"},"content":{"rendered":"\n

A college education is a significant investment in your future, and we strive to make a Clark education accessible to students from all financial backgrounds. Over 95% of students receive some form of aid from Clark, either merit-based, need-based or both.<\/p>\n\n\n\n

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Merit-Based Financial Aid<\/h2>\n\n\n\n

Merit-based financial aid or scholarships are based on your achievements, academic performance, and personal qualities. Some scholarships come from foundations, non-profits, governments, companies, and, of course, colleges and universities. Clark offers several different merit- and achievement-based scholarships. All applicants are automatically considered for these scholarships alongside your application to Clark.<\/p>\n\n\n\n

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View available Scholarships<\/a><\/div>\n<\/div>\n\n\n\n

Need-Based Financial Aid<\/h2>\n\n\n\n

Need-based financial aid is determined by your Student Aid Index (SAI), which is an estimate of how much of the educational expenses you and\/or your family are expected to absorb. All applicants are automatically considered for federal and state need-based aid upon submission of the FAFSA.<\/p>\n\n\n\n

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Grants<\/h3>\n\n\n\n

Grants through the federal government, the state, or private institutions do not need to be repaid.<\/p>\n\n\n\n

Learn more about grants<\/p>\n\n <\/div>\n <\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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Loans<\/h3>\n\n\n\n

Loans through the federal government or private institutions need to be repaid.<\/p>\n\n\n\n

Learn more about loans<\/p>\n\n <\/div>\n <\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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Federal Work Study<\/h3>\n\n\n\n

Students may also qualify for Federal Work Study (FWS) to help cover non-billed costs. <\/p>\n\n\n\n

Learn about working on campus<\/p>\n\n <\/div>\n <\/a>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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Apply for Need-Based aid<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n