Here are a few ideas to get you started:
• Many educational institutions offer scholarships and grants that can help reduce the cost of
tuition. To learn about these, you'll need to inquire directly with the institution itself.
• There are private organizations, including but not limited to non-profits and businesses, that offer
scholarships and grants. You can search for these by directly visiting the websites of various
companies and organizations, or by visiting www.Grants.Gov.
There are federal loan options that can help as well. This chart covers two common federal loan
options for graduate students.
NEED HELP PAYING FOR
GRADUATE SCHOOL?
Loan Terms
Annual Loan Limit
Lifetime Loan Limit
Approval Based on Credit
Interest Rate (2017-18 School Year)
Required Payments in School
Eligible for Deferred Payments
Grace Period
Repayment Term
$20,500
$138,500
No
6.0% fixed
Optional
Yes
6 months after leaving school
Up to 25 years (no pre-payment penalty)
Up to Cost of Attendance
(included additional living expenses)
N/A
Yes
7.0% fixed
Optional
Yes
No
Up to 25 years (no pre-payment penalty)
Graduate Stafford Loan Graduate PLUS Loan
FINANCIAL AID OPTIONS FOR GRADUATE STUDENTS
