Financial Aid for Graduate School Rosemarie Sena Center Career Development Services

Types of Aid Available  There are three types of aid: 1) Money given to you  Grants  Scholarships  Fellowships 2) Money you earn through work  Graduate Assistantships 2) Loans

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

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.

Types of Graduate Assistantships & Internships  Teaching Assistants  Research Assistants  Administrative Internships  Residence Hall and Counseling Assistantships  Cooperative Education

Internet Sites      WebApp/students/english/index.jsp WebApp/students/english/index.jsp  blications/student_guide/index.html blications/student_guide/index.html

Federal Loans  Stafford  Direct  Perkins

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

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