Flash

Financial Aid Frequently Asked Questions

How do I apply for need-based financial aid and/or scholarships?
To apply for need-based financial aid, you must file the Free Application for Federal Student Aid (FAFSA). This form is also available in high school guidance offices. Clarkson will automatically consider you for merit-based scholarships once your admission application has been reviewed.

I don't think I'll qualify for need-based aid. Should I bother to file the FAFSA?
Yes. By filing the FAFSA, students are eligible for a low-interest Federal Direct Student Loan. Also, should your family's financial situation change, we can consider you for additional financial aid, provided we have a completed FAFSA on file.

Does Clarkson offer merit scholarships?
Yes, Clarkson offers merit-based scholarships that range from $2,000-$11,000. Most are awarded automatically after considering your admission application. Others require separate applications.

Does Clarkson require the CSS Profile?
No. The only form required is the FAFSA.

What is Clarkson's Federal School Code?
002699.

How much does Clarkson cost?
For the 2007-2008 academic year, Clarkson's billable costs (for U.S. citizens and permanent residents) are:


Tuition

$28,470
(per credit hour - $949)

Housing (two persons)

$5,320

Meals

$4,810

Fees

$690

Comprehensive Undergraduate
Full-Time Total*

$39,290

*Costs apply to U.S. citizens and permanent residents. See also international students cost.
We also estimate a cost of $3,062 for books, supplies, travel and personal expenses.

Will there be an increase in cost each year?
Yes. Clarkson's tuition, housing and meal costs typically increase by three to five percent each year. This is determined each February for the following academic year. Last year costs increased by 5.1 percent.

Our Expected Family Contribution (EFC) from the FAFSA is higher than we can realistically afford. What can we do?
Please contact us at 1-800-527-6577! We will review your special circumstances and determine if any adjustments can be made.

What kinds of financial assistance are available?
Need-based grants (eligibility determined by the FAFSA), merit-based scholarships (based on your admission application), student and parent loans, and work study are all forms of financial assistance. You can also download applications for our special scholarships.

Does Clarkson offer athletic scholarships?
Clarkson offers athletic scholarships for men's and women's NCAA Division I ice hockey. Clarkson also has 16 Division III teams. NCAA regulations prohibit awarding athletic scholarships to Division III athletes, and we cannot consider athletic talent when awarding grants and scholarships.

If I receive scholarships on my own, how will they affect my financial aid?
We will not reduce our scholarship/grant offer if you receive outside scholarships, unless the total amount of your scholarship money from all sources exceeds Clarkson's cost.

Are grants and scholarships renewable for all four years?
Yes. If students remain eligible. Need-based awards depend on the FAFSA information you must file each year, and students must be in good academic standing (2.0 GPA). Some scholarships have higher GPA requirements.

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