Understanding Your Award
Once we have reviewed the data provided on your FAFSA, CSS Profile, and any other required documentation, we will prepare your financial aid award. The financial aid award notification gives information about the source and amount of financial aid funds that a student is eligible to receive.
Students will receive either a letter or an email from our office when their award notifications are available to view on WebAdvisor.
Grants & Scholarships
The bulk of gift aid awarded at Lewis & Clark is based on your demonstrated need, which is determined by the FAFSA and CSS Profile. We assume that students will accept all merit-based scholarships and need-based grants offered, so no further action is required to secure these funds. The amount of gift aid listed on your financial aid award notification is the maximum amount that can be offered based on the information provided in your application(s) and the availability of funding from the College. The College does not change or negotiate awards based on comparisons with other schools.
Loans are a type of financial aid that must be repaid. Some loans (i.e., Federal Perkins Loan and Direct Subsidized Loan) are awarded based on your demonstrated need. These loans carry lower interest rates and more favorable terms/conditions. Other loans (i.e., Direct Unsubsidized Loan and Direct PLUS Loan) may be borrowed regardless of whether or not you demonstrate financial need. However, a current and valid FAFSA must be filed in order to process any type of federal student loan.
Work-Study is an earned form of financial assistance. If it is determined that you are eligible to receive a work award, we will include a short paragraph toward the bottom of your financial aid award notifying you of the amount you will be eligible to earn. A Work-Study award is NOT a guarantee of employment. Rather, it is the student’s responsibility to find a job and work a sufficient amount of hours to earn their allocation.
Cost of Attendance Budget
Toward the bottom of your award, you will find the Cost of Attendance budget that was used to determine your eligibility for financial aid. This budget includes both direct and indirect costs. Direct costs are items that will be charged to your Lewis & Clark student account, such as tuition and fees. Indirect costs are estimated expenses that you may have, but are not charged to your student account, such as books/supplies, personal, and transportation expenses.