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How to Finance Your Graduate Education

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Page 1: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

How to Finance YourGraduate Education

Page 2: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Loans/Grants

Fellowships/Traineeships

Co-Op

Assistantships

Work-Study

Internships;part-time

Jobs

Ways of Financing Graduate School

Page 3: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Stipend: $10,000 - $20,000 (1/2 time) 12 months Tuition may be covered Health insurance may be covered Work obligation (assisting professor with

research) Often furthers one’s dissertation research Contact Department

Research Assistantships

Page 4: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Stipend: $8,000 - $15,000 (1/2 time) Academic Year Tuition may be covered Health insurance may be covered Graders, lab instructors, discussion/recitation section

leaders, classroom teachers Provides teaching experience but usually does not

further one’s research Useful credential for academic positions Contact Department

Teaching Assistantships

Page 5: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Fellowships/traineeships, grants and scholarships are outright awards made to graduate students with no service obligation. They usually provide a monthly stipend for living expenses, tuition and required fees.

What is a Fellowship?

Page 6: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Full-Time Enrollment 1-6 Year Duration No Outside Employment Summer Internship Requirement Citizenship Requirements Research-Specific Discipline-Specific Merit-Based

General Characteristics of Fellowships

Page 7: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Fellowships offered through departments and/or colleges

University-Wide Fellowships• GAANN, NIH Training Grants

• Endowed Fellowships

Contact Department

Institutionally Awarded Fellowships

Page 8: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Awarded directly from granting agencies/foundations to graduate students

Graduate students may choose to use their fellowships at any university to which they have been admitted.

• National Science Foundation• Ford Foundation• Jacob K. Javits• Environmental Protection Agency• NASA

Nationally Competitive Fellowships

Page 9: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

“Peterson’s Grants for Graduate and Postdoctoral Study”

Web Resources: Graduate School “Financing Graduate Education Web Site”

• Databases

• Agency/Foundation Web Links

• Professional Organization Web Sites

Searching for Fellowships

Page 10: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing
Page 11: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing
Page 12: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Undergraduate and Graduate Grade Point Average

GRE Scores Research Experience Conference Presentations Strong Letters of Reference Statement of Purpose

Selection Criteria

Page 13: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

Read the application package carefully

Completed applications must be neat in appearance

Contact the Program Officer for questions

Make a checklist and set a timeline Speak to successful applicants Keep copies of everything Apply for multiple fellowships Apply by the deadline!

• Generally Range from October to March

Tips on Applying

Page 14: How to Finance Your Graduate Education. Loans/ Grants Fellowships/ Traineeships Co-Op Assistantships Work-Study Internships; part-time Jobs Ways of Financing

www.ncsu.edu/grad/financial-support/fellows.html

Contact Your Department for Questions Contact Me for Questions:

Dr. David Shafer, Assistant Dean

(919) 515-4462

[email protected]

More Information….