financing graduate school?

Question

looking for ways to finance my graduate shool education.

Answer 1

There's a new loan from the federal government called the Grad Plus...it has all the benefits of federal student loans, including the low interest rates and generous repayment options. Other than that, there are lots of special private loans, which are typically credit-based. Sallie Mae explains all the loan options available to grad students at http://www.salliemae.com/get_student_loan/find_student_loan/grad/

As always, be conservative when you borrow, as you will have to pay the loans back.

Answer 2

There are several ways to finance grad school. However, it is not the same was when you were an undergraduate since pell grants were available then. Also, there tend to be more scholarships from private sources on the undergraduate end than graduare school end.

First, teaching assistants and research assistants are graduate students. Some programs require it as a part of graduation requirements. It includes an income and tuition as a part of it.

Second, some finance it via student loans. My brother financed his MBA via student loans.

Third, some employers will help with tuition assistance. Some will reimburse part or all of it to a certain amount if a certain grade is achieved.

Fourth, the financial aid offices and websites lists private scholarships from outside and inside sources. Outside sources include companies and organizations.

Fifth, FAFSA will help tap into college need based financial assistance along with the federal government end. However, it is based on your income not your parents' income and resources.

Finally, join several free membership scholarship search websites. Most are updated on a regular basis. Most offer a customized search based on the information you enter into a form on its website.

Good luck!

Answer 3

Your first start will be federal student loans. You can get either subsidized or unsubsidized loans while enrolled in graduate school. Another alternative is searching for various private grants and scholarships in your field or that your college offers. You can check with your financial aid office for such information or conduct a search of your own. Lastly you can try to apply for private education loans, at various banking institutions. You can also look to see if your current job offers tuition reimbursement.

Answer 4

Work as a TA while going. I had classes through my grad school experience.