Financing Graduate School

Use for: Graduate/Professional School Planning

Types of funding

  • Grants are free money
    • You don’t have to work or repay the funds
    • Fellowships are the most common type of grant
  • Graduate Assistantships are the most common funding
    • You receive a stipend and your tuition is waived
    • Other benefits may apply
    • Assistantships include research, teaching, or administrative/professional positions
  • Loans are also available
    • Federal government and other financial institutions
    • Complete a Free Application for Federal Student Aid (FAFSA)

Funding sources

  • A college, department, or program
  • The Graduate School/Office of Graduate Studies
  • Other organizations, such as government agencies, foundations, and professional organizations

Eligibility requirements and application processes vary and the majority of funding is available in the fall.

Financial aid resources