$4,499

Avg. Federal Grant

$7,232

Avg. Federal Loan

$1,737,508

Total Aid Awarded

Clarkson College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$1.738M

Financial Aid Official Website

N/A

Notably, 78% of the students at Clarkson College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,232,904. At CC, the total percentage of applicants who receive the Federal Grant stands at 33%. In comparison, 61% of the students are awarded the Student Grant, 56% get the Institution Grant, and 33% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,696, and the same stands at $940 for State Grant awardees and $1,370 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,746. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $6,571 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $13,015 and $7,267, respectively. Those with an annual income level of $75,001-$110,000 would receive $6,121, while candidates with more than $110,000 of family income receive an average federal aid of $2,292. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At CC, an estimated number of 67% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

25%

State Grant Aid

20%

Institution Grant Aid

50%

Pell Grant

25%

Average Aid Awarded

Federal Grant Aid

$4,499

State Grant Aid

$908

Institution Grant Aid

$4,744

Pell Grant

$4,299

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,589

$30,001 - $48,000

$9,812

$48,001 - $75,000

$904

$75,001 - $110,000

$3,376

Over $110,000

$1,750

Student Loans for Clarkson College

Average Loan Amount Average Loan Amount received per year.

$12,946/Year

Students Taking Out Loans

73%

Loan Default Rate

2%

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