How to Find Free Money for Graduate School: Part 4

How to Find Free Money for Graduate School: Part 4

The best kind of financial aid is money you don't have to pay back, such as scholarships, fellowships, and grants. Grants for graduate students can be the difference between earning an advanced degree and ending at the bachelor’s level. But while scholarships are often merit-based, grants are more likely to be need-based. There are many grants available if you know where to look. The following includes a basic overview of the types of grants available.

Career Specific

There has been an increase in career-specific grants, funding given to students focusing on a specific career goal. If you are undecided, or open to any major, consider pursuing a profession in high-demand fields. These high-demand areas of study include foreign language, special education, math, and science. If your career objectives include a specialized role, or advanced position, you might find grant funding that specifically supports your goals.

       For example, the TEACH Grant is a non-need based grant awarded to students completing a master’s degree in specific education disciplines.

College-Based

Another good source for funding is college-specific grants. Your search for funding should include schools that specialize in the field you are interested in. Many colleges have grant funds set up by specific departments or by the alumni, which can be used towards opportunities that will give you valuable experience and enhance your professional credentials—such as internships, academic research, and other career advancement activities.

Opportunities are widespread and highly individualized by the universities that offer them, so it is up to you to uncover what opportunities your school gives graduate students. Financial aid professionals and program administrators can also provide valuable insight into available aid. Here are a few examples from well-known colleges:

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How to Find Free Money for Graduate School Part 3

How to Find Free Money for Graduate School Part 3

 Assistantships are another way of funding your graduate education and are available at many schools with graduate programs. Unlike scholarships, assistantships are more like a work-study program. Graduate assistantships are additional educational opportunities for graduate students while pursuing their graduate education. With assistantships, graduate students are offered free or reduced tuition in exchange for leading discussions in undergraduate classes, proctoring exams and grading, or assisting professors with important research.

 

As mentioned in my previous posts (part 1 and part 2 of my Free Money series), scholarships and fellowships are not the only ways of getting free money toward your higher education, my post today is going to cover all you need to know about assistantships.

Assistantships

Assistantships are available on a limited basis in most graduate programs at universities and colleges throughout the nation. These positions provide funds for many masters and doctoral students. Each department or program has its own requirements and expectations so prospective students should be sure to do their research before applying to such a position.

Assistantships are a form of financial aid given by the college or university to graduate students who engage in teaching and/or research and provide students with training and valuable professional experience in higher education work environments. It is important to note that assistantship duties should not interfere unduly with academic studies, but rather should contribute to students' intellectual growth and degree goals. If you fell as if expectations of your assistantship are interfering with or conflicting with your studies, speak with your advisor or a department faculty member about your options.

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How to Find Free Money for Graduate School Part 2

How to Find Free Money for Graduate School Part 2

Getting into graduate school is already a challenge on its own, and funding the program once admitted is even harder. Graduate studies involve not just tuition, books and other miscellaneous fees. If you are seriously planning to enter a graduate program, you have to consider how you can pay for your living expenses, as well. As mentioned in my previous post (part 1 of my Free Money series), scholarships are only one way of getting free money towards your higher education, my post today is going to cover all you need to know about fellowships.

 

Fellowships

A fellowship is a type of financial aid that is awarded to a graduate student to support them in their full-time course of study without associated teaching or assistantship responsibilities. Fellowships are generally merit-based awards to support a student who is going to school full time.National fellowships are highly competitive, with most applicants in the top 10-15% of the class. Fellowships also often look for a record of leadership, public service, research experience, and meaningful participation in extracurricular activities.

Fellowships provide graduate students with learning opportunities that can help them with their careers post-graduation and earn money at the same time. Whether they are participating in research, entering a training program related to their field, or doing work in their community, fellowships can provide money for tuition, housing, and other expenses. In addition, depending on the specific fellowship program, students may be able to receive health care coverage and assistance with student loans.

Institutional Fellowships

Institutional fellowship funding is awarded to the student by the university, and typically includes full tuition and stipend support, although the stipend levels vary depending on a student’s division and the prestige of the award.

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How to Find Free Money for Graduate School

How to Find Free Money for Graduate School

You’ve finally earned your Bachelor’s degree and have made it into graduate school. Whether you already have massive student loans from undergrad or you managed to graduate unscathed, you don’t want to add to your tremendous piles of debt or create a new pile. My new series will help you discover four ways to find free money and keep your head above water.

Scholarships

While less common than undergraduate scholarships, scholarships for graduate students are available. Luckily, a number of scholarship providers are willing to help graduate students continue their education by providing some extra funding.

College-Based Funding

Some universities aid their alumni through tuition discounts on graduate programs and additional certification and training. You may be surprised by what your alma mater can offer you, so explore all of your options.

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Making the Most of Your Student Discount, Part 2

Building on my series of getting the most out of your student discount, this blog will outline some of the best uses of your student discount. 

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Making the Most of Your Student Discount, Part 3

Making the Most of Your Student Discount, Part 3

Continuing our series on getting the most out of student discounts, this time I will be talking about my favorite area to save money in: CLOTHES! 

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Making the Most of Your Student Discount, Part 4

If you have been enjoying all the student discount savings so far, then you are going to love these last couple of discounts in the finale of my series on student discounts.  In reviewing the remaining discounts on my list, I couldn’t think of any way to logically categorize these remaining items (because you know how we graduate students love to logically categorize things), so I will simply call them the totally random and still awesome savings. 

Totally Random But Still Awesome Discounts

Being a graduate student does have some advantages and these are just a few more places where you can use your student status to save some dough.

·         Sam’s Club – Discounted membership AND $15 gift card

·         Amazon Prime for Students – enjoy 6 months of free prime shipping,  Amazon Instant Video, and a discounted rate for Amazon Prime after the 6 month free period

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