Types of Aid – Graduate

Following is a list of the most common financial aid that is awarded to our students.

For more details on the types of aid listed, please refer to the Understanding Your Offer of Financial Aid publication.

Federal Aid

Subsidized and Unsubsidized Stafford Loan

The federal government offers both subsidized and unsubsidized loans to help fund graduate education. Students are eligible for up to $20,500 in Stafford loans every academic year.

Grad PLUS Loan

The Grad PLUS Loan is a loan that Graduate students can take out to help pay for their remaining balance.

Federal Work Study

Work Study is also available for graduate students. Unlike a grant, scholarship or loan, Work Study is a job, and earnings are paid directly by your employer. Please visit the Work Study page for more information regarding Work Study.

Alternative Financial Resources

Alternative Loans

There are lenders that offer educational loans for graduate students. Eligibility is usually based on credit scores, and maximum amounts are based on a student’s total budget minus other awarded aid. Visit your personal bank or credit union’s website for more information or to apply for an education loan.

Outside Scholarships

Often clubs, unions, churches, and employers will have scholarships available to their members and family of members. It is a good idea to check with these places for scholarships first. Otherwise, there are many other organizations that have funds to give away in scholarship money. To find some of these, please visit our Outside Scholarships page.