Cleary University Financial Aid and Scholarships
Students Receiving Aid
82%
Total Aid Amount
$3.754M
Financial Aid Official Website
www.cleary.edu/finaid/
Financial aid is a type of gift, grant, or benefit which is providing to the students who are in need of it. However, aid is also provided for the students on a non-need-based financial aid. So each and every student should apply for the financial aid whether the student is eligible or not as they will be considered as non-need-based.
Cleary University, Howell, Michigan, about 82% of the students are receiving aids in one form or the other and the total aid amount received by the student's sums to $3,754,213.
For receiving financial assistance at cleary university students need to fill out the FAFSA form and the FAFSA code of the university is 002246.
Types of Financial Aid provided by the university are:
Federal Grants
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Pell Grant– A federal grant awarded to undergraduate students seeking a first bachelor's degree. The amount is based on need and the cost of attendance.
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Supplemental Educational Opportunity Grant (SEOG) – Campus-based federal grant awarded to Pell-eligible students.
State Grants
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Michigan Tuition Grant (MTG) – Available to undergraduate students based on financial need for attendance at Michigan Independent Non-Profit colleges such as Cleary University.
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Michigan Competitive Scholarship (MCS) – Available to undergraduate students based on need and SAT Score of at least 1200 starting with the class of 2017.
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Tuition Incentive Program (TIP) – TIP provides assistance in two phases Phase I applied to standard in-district tuition and mandatory fees charged to eligible students enrolled in a credit-based associate degree program. Phase II provides a maximum of $2,000 for credits earned in a four-year program.
Student and Parent Loans
Low-interest loans for students and parents available to help pay for the cost of a student’s education.
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Stafford (Direct) Loans – Subsidized based on need. The government pays the interest while the student is in school. Unsubsidized not-need-based. The student is responsible for interest payments.
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Parent PLUS Loan – Loans available to parents of dependent students to help pay for educational expenses.
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Grad PLUS Loan – Loan specifically for graduate students in need of additional loan funding for graduate school.
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Private (Alternative) Loan – Educational loans available to help students cover additional educational expenses over and above what regular financial aid may not cover. Students should always apply for federal financial aid by filing the FAFSA form and take out low-interest loans first before considering alternative loans.