A SMART INVESTMENT
WE UNDERSTAND THAT COLLEGE IS AN INVESTMENT.
Your investment in a college degree will open the door to a lifetime of earnings and rewards that otherwise might not have been attainable.
In addition to the wide variety of academic and engagement scholarships, athletic talent, and fine arts awards, we also assist students in applying for aid options such as the TEACH Grant, VA Benefits/ Yellow Ribbon, and more. Federal and state aid, undergraduate students loans, and federal workstudy/campus employment opportunities are also available.
FEDERAL AND STATE GRANTS
All students must file the Free Application for Federal Student Aid (FAFSA) to be eligible to receive state or federal funding, including loans and federal work-study. The FAFSA should be filed in October at studentaid.gov each year.
GRANTS
GRANTS AMOUNT PROCESS
FEDERAL PELL GRANT
IOWA TUITION GRANT
FEDERAL WORK-STUDY
The maximum grant for 2024-2025 was $7,395.
*Estimated: Subject to annual state and federal approval and updates.
The maximum grant for 2024-2025 was $7,500.*
*Estimated: Subject to annual state and federal approval and updates.
Up to $2,000. Must be earned by working on campus.
All will be included in financial aid award letter if eligible.
LOANS
Need-based grant. Eligibility is based on the results of the FAFSA.
Need-based grant. Eligibility is based on the results of the FAFSA. FAFSA must be completed by July 1.
Eligibility based on the results of the FAFSA.
LOANS AMOUNT PROCESS
FEDERAL DIRECT SUBSIDIZED AND UNSUBSIDIZED LOAN
Up to $5,500 total for the first year between the subsidized and unsubsidized loan.
FEDERAL DIRECT PLUS PARENT LOAN
STUDENT PRIVATE LOANS
Up to the cost of attendance minus other aid.
Up to the cost of attendance minus other aid.
Awarded to eligible students who complete the FAFSA. Will be included in financial aid award letter if eligible.
Online application process at clarke.edu/parentplus
Must apply independently with lender. Approval subject to credit check. In most cases, a creditworthy cosigner is needed. Visit clarke.edu/privateloans for more information.
PAYMENT ARRANGEMENTS
Clarke offers several arrangements for payment such as automatic payments, cash or check, and credit card. A method of payment must be selected by August 20 for the fall semester and January 20 for the spring semester. The cost of books, supplies and individual expenses are not part of any payment arrangement.
FINANCIAL AID
CHECKLIST
File the FAFSA
Look and apply for scholarships
Evaluate award offers Submit deposit
Apply for loans (if applicable)
Set up a payment plan
