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Loans

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Various types of loan programs are available to help you in financing your education. We recommend borrowing federal loans before alternative loans offered by private lenders.

Students with multiple federal loans may wish to investigate loan consolidation.

NSLDS is a website you may visit to review your federal loan borrowing history.

Federal regulations require Clarkson to provide a Student Loan Code of Conduct. This ensures the integrity of the administration of all student loan programs.

Time Limitation on Direct Subsidized Loan Eligibility for First-Time Borrowers on or after July 1, 2013

Federal Direct Student Loans 2014-2015 Interest Rates

The table below reflects the origination fee percentages based on the first disbursement date for Direct Subsidized Loan, Direct Unsubsidized Loan, Direct PLUS Loan awards.

For any loan disbursement for a loan where the first disbursement is/will be: The origination fee percentage for Direct Subsidized and Direct Unsubsidized Loans is: The origination fee percentage for Direct PLUS Loans is:
Before 7/1/2013 1.0% 4.0%
On or after 7/1/2013 and before 12/1/2013 1.051% 4.204%
On or after 12/1/2013 and before 10/1/2014 1.072% 4.288%
On or after 10/1/2014 and before 10/1/2015 1.073% 4.292%