At Claremont Lincoln University, we make it a priority to keep tuition at a level which we hope will allow students to complete their education without borrowing funds. While we are proud to offer scholarship opportunities and encourage the use of employer reimbursed tuition programs, we realize that some students require access to low interest student loan programs.
CLU offers the Federal Direct Loan to eligible students in our Master Degree programs and unlike the complex process of applying for financial aid at the undergraduate level, your application can be completed in a few easy steps. We also have seasoned Financial Aid team members who are available to discuss your own personal situation or walk you through the process so that you can quickly move towards starting your journey towards the completion of a Master’s Degree at Claremont Lincoln University.
Eligibility for Federal Financial Aid Assistance
- Student must be a U.S. Citizen, permanent resident, or other eligible non-citizen.
- Student must be enrolled in a graduate program at least ½ time. 3 units per term is considered ½ time enrollment at Claremont Lincoln University.
- Student must have a valid Social Security number.
- Student must not owe a refund from any federal grant program or loan or be in default on any federal loan
- Students required to register with the Selective Service must have registered
- Student must make satisfactory academic progress towards degree completion
How to Apply for Federal Financial Aid
Complete a FAFSA online at https://www.fafsa.ed.gov
(CLU School code is 042536)
You will receive an award letter indicating your financial aid eligibility. To receive the Federal Direct Unsubsidized loan, students must indicate how much they would like to borrow in the area found at the bottom of the award letter. Signed award letters indicating the amount you choose to borrow may be faxed, scanned/emailed to the Financial Aid Office.
Fax: (909) 339-3443
Borrowers must complete a Master Promissory Note (MPN) and entrance counseling to receive a Federal Direct Unsubsidized loan.
Please visit www.studentloans.gov to complete entrance counseling and the MPN
Types of Aid
Claremont Lincoln offers a variety of scholarship opportunities to assist students in their pursuit of putting wisdom to work – View Scholarship Opportunities »
CLU participates in the Federal Direct Unsubsidized Loan Program. This loan is a low interest loan made available to eligible students in CLU Master Degree programs, to assist them with costs related to their education. The annual maximum Direct Unsubsidized loan is $20,500, however may be less depending upon your course load and enrollment period. The current interest rate for this loan is fixed at 6% for the 2017-2018 academic year. Repayment begins six months after the borrower graduates, leaves school or drops to less than half-time enrollment. Since the entire Direct Unsubsidized loan is unsubsidized, interest accrual begins once the loan is disbursed.
Office of Financial Aid