
While graduate school is expensive, there are several ways you can help finance your graduate education.
Fellowships and grants are based upon academic achievement, and are generally competitive. They can be “portable,” offered by an organization to pay for your study at any school, or “institutional,” offered by/for a particular university or department.
Teaching Assistantships generally require a 10-20 hour per week commitment and involve assisting in, or teaching, undergraduate classes in your field.
Resident Assistantships involve working as a live-in assistant in an undergraduate residence hall. This option takes care of room and board, and requires a commitment of time availability to students.
Long Term Educational Loans are available through a variety of private and public lenders. Look into Stafford Student Loans, Perkins Loans, loan programs specific to your interest area, and loans from private lenders. Be sure to understand information on rates and repayment terms.
Employer-funded tuition assistance can be a great option if you want to go to school part-time. Most employers will expect that you are studying something relevant to your current career field, but not all will require this. Some employers have a waiting period for this benefit. Some have a dollar limit per year.
Check each particular university/graduate program for other program-specific options.
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