If you’re looking for scholarships to help with your graduate school tuition you should be aware that they are much less common than undergraduate scholarships. Postgraduate scholarships do exist for students. However, they usually offer much less of a stipend, requiring you to seek out additional funding. There are different [...]
Federal Perkins Loans are a type of government-issued loan. They are known for their low-interest 5% interest rate and are awarded to students with the greatest financial need. By filing a FAFSA form students may borrow up to $6,000 a year and up to $40,000 total. Graduate Perkins Loans come [...]
There are different types of graduate loans available to you. Federal Graduate Stafford Loans are the most widely used and come in two forms: Direct government loans FFELP loans issued through banks or credit unions Unlike loans for undergraduates, Graduate Stafford Loans don’t require a credit approval and come at [...]
Private loans for grad school are issued through banks, credit unions, and savings and loan facilities. Students are permitted to borrow up to the total cost of their tuition. Because private loans for grad school can come from more than one source, interest rates can vary depending on whom you [...]
The grad PLUS Loan for students is a type of unsubsidized loan that can be obtained after applying for the federal direct Stafford loan. These grad PLUS loans act as an extra boost in funding if federal financing doesn’t cover your expenses. The maximum amount you are allowed to borrow [...]
While a graduate assistantship program can be advantageous, they can be competitive and generally do not cover the entire cost of tuition. Postgraduate grants are very rare and common types such as Pell grants and PLUS loans are typically reserved for undergraduates. That is why graduate loans are the most [...]
Postgraduate grants work very similar to fellowships, as they are determined based on merit and financial need. Although there are no federal grants for graduate students, there are state-based grants. You must fill out your FAFSA application before applying because most state-issued postgraduate grants will determine your eligibility based on [...]
Postgraduate fellowships are the most common form of university-based financial aid, but they can be federally funded too. Faculty members review each student and award funding depending on their grades and personal merit. Postgraduate fellowships can be a great help, but they are often highly competitive. Because all grants and [...]
Graduate assistantship programs should be your first approach before seeking out other avenues of financial backing. Many graduate assistantships offer students with high grade point averages a chance to work as teacher’s aides or in clerical positions within the department while completing their coursework. Students work as either teaching assistants [...]