Financing Your Degree

Make sure you understand all the expenses involved. This information is typically available on the school’s website. Look into the financing options available, such as
Assistantships – Paid, part-time employment that may include tuition waivers
Fellowships – Based on academic achievement
Grants and Scholarships – Gifts of money, typically with no obligation for work or repayment, but may be linked to an academic discipline or project, many of which can come from sources outside the school
Loans – Low interest loans are available to most graduate students


Financial aid packages, based on both merit and need, are first come, first served. It is to your advantage to submit your application early. Be aware that some programs, like law schools, may limit the amount of time students may work so that they concentrate on academic success.