How to Finance Your Graduate Education
HOW TO FINANCE YOUR GRADUATE EDUCATION
START HERE: If you are interested in Financial Aid you must complete the Free Application for Federal Student Aid (FAFSA) online. FAFSA applications are available on January 1 of each year. Once you submit, the MU Office of Student Financial Assistance will prepare an individual award package for you. Please submit the FAFSA as soon as possible—even before you have been admitted to a graduate program. Early submission allows plenty of time for processing your loan application.
Once you have been admitted, your FAFSA application will automatically be activated. Marshall University’s Federal Code is 003815
|LOANS AND GRANTS||Graduate students are not eligible for federal or state grants, (except for the federal TEACH grant). Graduate students can be awarded loans no greater than the annual maximum limit of $20,500/year. Other loan options include the Graduate PLUS Loan.|
|GRADUATE PLUS LOAN||This loan is a credit based loan that you apply for separately. You can obtain this loan application from the Office of Student Financial Assistance. The maximum limit of the Graduate PLUS Loan varies, but can be no greater than the difference between a student’s cost of attendance and their total financial aid award.
For information see: Graduate Plus Loans
|FEDERAL WORK STUDY||Work Study provides jobs for graduate students with financial need, allowing them to earn money to help pay their educational expenses. Your eligibility for FWS hours is also determined by the FAFSA.
For information: Federal Work Study
|TEACH GRANT||This federal program provides up to a $4,000 grant to graduate students who promise to teach in an elementary or secondary school (public or private) that serves low income students. If you are interested, speak first to a Financial Aid Officer.
For information: TEACH Grant
|GRADUATE ASSISTANTSHIPS||Students are considered for GA positions AFTER they have been admitted to a program. GA positions are available in teaching, research, and administrative work. Full‐time positions may last for two years. Reappointment depends on job performance and academic progress. GA positions come with a stipend and tuition benefit.
For information: Graduate Assistantships Overview
|TUITION BENEFITS||Graduate Tuition Benefits for a 3 credit course are available each semester through competitive application to Marshall University students, faculty, and staff. Student benefits are valued at $750.
For information: Graduate Tuition Benefits-Application Instructions
|STUDENT EMPLOYMENT POSITION
||At any given time, as many as 600 graduate students are employed on campus in many different capacities and many find employment off campus.
For information: Student Financial Assistance
|FINDING GRADUATE FUNDING||Please see our site on finding funding: Finding Graduate Funding|