What is Financial Aid?
Financial aid is money awarded to you to help pay for college expenses, including tuition and fees, room and board, books and supplies, personal expenses and transportation. Financial support can come from the federal government, state government and private sources such as the CLC Foundation.
Some kinds of financial aid are based entirely on need. Others are awarded on the basis of academic achievement, athletic ability, artistic talent, ethnic background or some other factor. The awards can be used to cover tuition, fees and books as well as living expenses, food, housing and transportation. Age doesn’t matter. Many returning adults, older than age 24, can qualify.
Aid is divided into two categories:
“Gift aid” comes in the form of scholarships and grants that you don’t have to repay.
“Self-help aid” includes work opportunities and loans that you must repay.
CLC participates in the full range of federal and state financial aid programs, and the CLC Foundation offers many scholarships. Since financial aid comes in many forms (with different eligibility requirements), it is worth applying, even if you think you won’t meet requirements. You may indeed find yourself eligible to receive financial aid that can help you pay for tuition, books, transportation and more. And with an online application and the CLC Financial Aid Office staff to assist you, the process of applying isn’t difficult. It is definitely worth your time and effort to apply. Approximately one in four CLC students currently receives some form of financial aid.