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Federal Aid

Federal Grants

Pell Grant

Awarded to students from low-and middle-income families who show financial need and are degree seeking. Student must submit a Free Application for Federal Student Aid (FAFSA). Amounts are determined by the U.S. Department of Education.  Click here for additional information.  

Supplemental Educational Opportunity Grant

Awarded to students receiving Pell Grants and demonstrating high financial need. Amounts are determined by the U.S. Department of Education.  Click here for additional information. 

TEACH Grant

Awarded to students interested in a full-time teaching career and committed to teaching for at least four years in a high-need subject area at a school that serves low-income families. Students may receive up to $4,000 per year for full-time undergraduate study. If students do not fulfill stated teaching requirements, the grant will be converted to a loan with interest. If you are interested in the TEACH Grant, please contact the financial aid office.

Federal Loan Programs

Federal Subsidized Direct Loans

Description: Low interest rate loans made by the federal government. The Subsidized Direct loan is a need-based loan that does not accrue any interest until a student graduates, withdraws, or is enrolled on a less than ½ time level.

Amounts Determined By: Need, Cost of Clarke education, and other financial aid received

Repayment: Begins 6 months after a student graduates, withdraws, or is enrolled on a less than ½ time level

Federal Unsubsidized Direct Loans

Description: Low interest rate loans made by the federal government. The Unsubsidized Stafford loan is a non need-based loan that does accrue interest starting at the time of disbursement.

Amounts Determined By: Cost of Clarke education and other financial aid received

Repayment: Begins 6 months after student graduates, withdraws, or is enrolled on a less than ½ time level

For more information on the Federal Direct Loans, please see the Federal Direct Loan Information page.

Federal Work Programs

Federal Work Study

The Federal Work Study program consists of funds made available to Clarke University undergraduate students who have need. These funds make them eligible to work at Clarke University. The amount of work study for which a student is eligible depends on need, the amount of work study funds Clarke has available and the other financial aid received. The amount of hours worked depends on the total FWS award, class schedule, health and academic progress. All jobs, except for community service, are on campus. Average hours are 6 to 10 and average earnings are $2,000. For more information about student employment at Clarke University, please see the student employment page.

 

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