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Financial Aid for Graduate School

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Loans. Financial Aid Options. Graduate Assistantships. Fellowships ... Often they provide the cost of tuition and fees plus a stipend to cover living expenses. ... – PowerPoint PPT presentation

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Title: Financial Aid for Graduate School


1
Financial Aid for Graduate School
  • Rosemarie Sena Center
  • Career Development Services

2
Types of Aid Available
  • There are three types of aid
  • Money given to you
  • ?Grants
  • ?Scholarships
  • ?Fellowships
  • Money you earn through work
  • ?Graduate Assistantships
  • Loans

3
Financial Aid Options
  • Graduate Assistantships
  • Fellowships
  • Residential Fellowships
  • Grants Grants-in-aid
  • Internships Traineeships
  • Awards-in-recognition Prizes
  • Travel Awards
  • Summer study or Research awards
  • Study or Research Abroad awards
  • Scholarships

4
Grants, Scholarships Fellowships
  • Most grants, scholarships, and fellowships are
    outright awards that require no service in
    return. Often they provide the cost of tuition
    and fees plus a stipend to cover living expenses.
    Some are based on financial need, some
    exclusively on academic merit, and some on a
    combination of need and merit.
  • As a rule, grants are awarded to those with
    financial need, although they may require the
    recipient to have expertise in a certain field.
  • Fellowships and scholarships often connote
    selectivity based on ability financial need is
    usually not a factor.

5
Types of Graduate Assistantships Internships
  • Teaching Assistants
  • Research Assistants
  • Administrative Internships
  • Residence Hall and Counseling Assistantships
  • Cooperative Education

6
Internet Sites
  • www.gradschools.com
  • www.accessgroup.org
  • www.finaid.org
  • www.princetonreview.com
  • http//studentaid.ed.gov/PORTALSWebApp/students/en
    glish/index.jsp
  • http//studentaid.ed.gov/students/publications/stu
    dent_guide/index.html

7
Federal Loans
  • Stafford
  • Direct
  • Perkins

8
Supplemental (Private) Loans
  • CitiAssist
  • EXCEL
  • Key Alternative
  • Graduate Access
  • Signature

9
Final Thoughts
  • The GI Bill
  • Federal Work-Study Program
  • FAFSA Free Application for Federal Student Aid
  • Check for deadlines Apply early!
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