Student Loans for Cal Lutheran Students
About Cal Lutheran
Cal Lutheran (CLU) is a Lutheran institution of higher learning located in Thousand Oaks, California. CLU offers undergraduate, graduate and continuing education programs in a number of areas and is considered one of the top schools in the region. Notably, the university includes a number of colleges, such as the College of Arts and Sciences, the Graduate School of Education and the School of Management.
Educational costs at a high ranking private university prove to be an obstacle for many students and their families, which is why CLU financial aid aims to assist as many students as possible, striving to help them obtain a quality higher education regardless of their financial condition. Indeed, Cal Lutheran financial aid includes scholarships, grants and loans. Of course, students should know the estimated cost of their educational expenses before applying for financial aid, as this estimate ensures that they receive a sufficient amount. To apply for financial aid, students need to fill out the Free Application for Federal Student Aid (FAFSA), which can be found online at fafsa.ed.gov. Students may be required to submit supporting documents such as tax returns along with their application.
Students may receive assistance from many types of scholarship packages, including academic scholarships, athletic awards and a number of other institutional awards. Scholarships from external sources are also welcome at Cal Lutheran, as scholarships, in addition to government provided educational grants, are essentially gifts of money which do not have to be paid back. Another option for students, of course, includes federal loans such as Stafford loans, Parent PLUS loans and Perkins loans.
Using Student Loans for Pay for Cal Lutheran
If you cannot cover all of your expenses with the help of Cal Lutheran financial aid, then you might want to consider applying for private loans. There are hundreds of private student loan options, so it is important to do your research before you make a commitment. Simply use our specially designed Student Loan Comparison Tool in order to make an informed decision and so that you may choose the option that best suits your needs.
When applying for Cal Lutheran financial aid loans, it is important to know that these loans carry low interest rates, which makes repayment affordable for students. On the other hand, the loans come with flexible repayment plans. You don’t have to pay off the loan until you finish your education.
What scholarship awards are available via CLU financial aid?
CLU financial aid provides its students with a number of scholarship awards: CLU Presidential scholarships and CLU Guarantee scholarships. Other CLU scholarship awards include visual and performing arts scholarships (VAPA), the Congregational Partners in Education (CPE) Award, the ELCA Partner’s in Ministry Award, the Alumni Scholarship, the Swenson Scholarship, and international scholarship awards. In order to access these awards, students must satisfy the eligibility requirements.
Pay for California Lutheran University*
|Total Avg. Cost||$46,192|
|Room & Board||$10,580|
|Financial Aid Information|
|Students Receiving Fin Aid||96%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$6,388|
|%Receiving Other Loans||3%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics