FINANCIAL AID POLICY
The purpose of the Office of Financial Aid at Clinton College is to provide financial assistance to students who without such aid would not be able to attend college. The mission of the Office of Financial Aid is to assist students in finding ways to pay for their college education such as scholarships, grants, student loans, and on campus employment. The Office of Financial Aid at Clinton College makes every effort to provide for the timely delivery of financial assistance to eligible students.
Clinton College provides assistance to students enrolled in eligible programs, who demonstrate financial need and have a desire to attend college. The types of aid available include federal grants, scholarships, and limited Federal student loans. All students are encouraged to apply at least six to eight weeks in advance of the term they plan to enter.
Financial need is determined by a standard needs analysis system using confidential data submitted by the parents and/or the student. The needs analysis establishes the financial need by deducting the computed family and/or the student contribution from the total cost of attending Clinton College. The Free Application for Federal Student Aid (FAFSA) is the needs analysis system used by Clinton College. It is used to determine eligibility for Federal Pell Grants, Federal Supplemental Educational Opportunity Grants, Federal Direct Student Loans and Federal Work Study.
In order for students to be eligible for Federal Student Aid, they must have either a high school diploma or a recognized equivalent (such as a General Educational Development certificate (GED) or have been home schooled.
Students receiving Federal Financial Assistance are required to meet the College's standards of academic progress. Additional, Federal requirements restrict the time frame that students receiving aid have to complete their program and require completion of a minimum number of credit hours each term. Failure to do so may result in termination of financial aid eligibility. Detailed information on the financial aid standards will be issued to all students receiving financial aid.
All awards of need-based financial aid are made annually, and students must reapply each year by completing a new or renewal FAFSA in order to be considered for assistance.