Understanding Your Award
for graduate students
Once we have reviewed the data provided on your FAFSA 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.
Loans are a type of financial aid that must be repaid. The Federal Direct Unsubsidized Loan and the Federal Direct Grad PLUS Loan are available regardless of whether or not you demonstrate financial need. To be considered for these loans you must have a current and valid FAFSA on file. The Grad PLUS Loan also requires a separate application involving a credit check.
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 housing, food, books/supplies, personal, and transportation expenses.