Scholarships, Grants, and Loan Trends at Clarke

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 728, which is 91.33 % of all undergraduate students. 600 students which is 75.11% of undergraduate students received federal student loans and the average loan amount is $8,069.
For full-time, first-time beginning students (freshmen), 96.11% of students received grants or scholarships and 81% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Clarke University since 2013.
For that period, the average number of students who received grants aid/scholarships is 728, which is 91.33 % of all undergraduate students. 600 students which is 75.11% of undergraduate students received federal student loans and the average loan amount is $8,069.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14918 (91%)$14,200391 (39%)$3,785783 (77%)$7,445
2014-15868 (91%)$14,721347 (37%)$3,798739 (78%)$7,264
2015-16819 (94%)$16,044298 (34%)$4,040687 (79%)$7,183
2016-17759 (95%)$16,883283 (35%)$3,987630 (79%)$7,145
2017-18738 (96%)$18,912275 (36%)$4,275626 (82%)$9,873
2018-19446 (60%)$11,108148 (20%)$2,304363 (49%)$3,367
2019-20656 (99%)$20,465229 (35%)$4,569532 (81%)$10,321
2020-21645 (98%)$22,196242 (37%)$4,668514 (78%)$10,272
2021-22702 (98%)$24,206277 (39%)$4,629525 (73%)$9,755
Average728 (91.33%)$17,637277 (34.67%)$4,006600 (75.11%)$8,069

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 162 (96.11 % of students) received grants or scholarships and its average amount is $19,363. It can cover 48.90% of tuition & fees ($39,600).
In addition, 137 (81.22 % of students) students get helped from the students loans (average amount : $9,213).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14180 (99%)$16,577144 (80%)$8,831
2014-15183 (100%)$17,306155 (85%)$8,824
2015-16180 (100%)$18,463143 (79%)$8,094
2016-17157 (99%)$17,474145 (92%)$6,800
2017-18162 (95%)$20,023170 (100%)$6,583
2018-19142 (72%)$12,165114 (58%)$4,407
2019-20127 (100%)$22,884103 (81%)$14,459
2020-21146 (100%)$23,968121 (83%)$12,419
2021-22183 (100%)$25,403134 (73%)$12,504
Average162 (96.11%)$19,363137 (81.22%)$9,213
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 62 (36.89 % of students) received Pell (federal) grants and its average amount is $4,051.
In addition, 36 students received State/local government grants/scholarships (21.22 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1468 (38%)$3,62823 (13%)$53556 (31%)$3,905180 (99%)$13,923
2014-1572 (39%)$4,03533 (18%)$71151 (28%)$4,435183 (100%)$14,354
2015-1666 (37%)$4,17124 (13%)$73140 (22%)$5,494180 (100%)$15,615
2016-1757 (36%)$4,08720 (13%)$81446 (29%)$5,367150 (95%)$14,982
2017-1856 (33%)$4,06625 (15%)$68334 (20%)$5,150162 (95%)$17,431
2018-1952 (27%)$2,43560 (31%)$21430 (15%)$2,825142 (72%)$10,586
2019-2052 (41%)$5,05737 (29%)$54419 (15%)$6,000127 (100%)$19,757
2020-2159 (40%)$4,621125 (86%)$1,04926 (18%)$5,572145 (99%)$20,350
2021-2275 (41%)$4,356183 (100%)$1,54724 (13%)$6,658181 (99%)$21,431
Average62 (36.89%)$4,05159 (35.33%)$75936 (21.22%)$5,045161 (95.44%)$16,492
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 137 (81.22 % of students) get any students loan help and its average loan amount is $137.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14144 (80%)$8,831144 (80%)$5,49844 (24%)$10,908
2014-15155 (85%)$8,824153 (84%)$5,53542 (23%)$12,400
2015-16143 (79%)$8,094143 (79%)$5,43931 (17%)$12,250
2016-17145 (92%)$6,800122 (77%)$5,48423 (15%)$13,783
2017-18170 (100%)$6,583134 (79%)$5,32536 (21%)$11,267
2018-19114 (58%)$4,407112 (57%)$2,73025 (13%)$7,865
2019-20103 (81%)$14,459102 (80%)$10,19533 (26%)$13,620
2020-21121 (83%)$12,419118 (81%)$8,59940 (27%)$12,203
2021-22134 (73%)$12,504133 (73%)$9,08033 (18%)$14,180
Average137 (81.22%)$9,213129 (76.67%)$6,43234 (20.44%)$12,053
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