Financial Aid Award (Policy FA-19)

Policy:

Clarkson College participates in the following types of student aid programs:

 Title IV Federal Student Aid programs

  • Federal Pell Grant
  • Federal Supplemental Educational Opportunity Grant (FSEOG)
  • Federal Direct Subsidized and Unsubsidized Loans
  • Federal Direct PLUS Loan
  • Federal Work-Study

State programs

  • Nebraska Opportunity Grant (NOG)

U.S. Department of Health and Human Services Programs

  • Federal Nursing Student Loan
  • Nurse Faculty Loan Program

Institutional scholarships and grants

Private loans, scholarships, and grants

Procedure:

In order to uniformly determine the need of students applying for financial assistance, all applicants must complete a Free Application for Federal Student Aid (FAFSA). Early filing of a FAFSA is encouraged because some sources of financial assistance are limited and are awarded on a first-come, first-served basis.

The Financial Aid Department will notify eligible students of their financial aid awards. The student may accept or reject the aid in total or in part. Federal student loans are offered in a pending status and must be accepted by the student in order for the loan to be disbursed. Students may also be required to complete entrance counseling and a master promissory note. Private loans are not offered to all students. Students seeking private loans must apply with the lender of their choice.

Academic Policies and Procedures