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Funding Graduate School

Is there a financial aid database specifically for individuals attempting to go to graduate school? #graduate-school #financial-aid #scholarship

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Nick’s Answer

A great question--and I think the answer will depend greatly on the type of graduate program. During the undergraduate process, I applied for federal financial aid, and to every scholarship I qualified for (and there were many to choose from). However, when I decided to go back to graduate school for an MBA, I found that there are far fewer scholarships available for that level of education. Rather than applying to multiple scholarships, I instead applied to multiple schools. There is stiff competition among business schools for the best students--and all the top schools strive for each class to have a nice balance of experience, demographics, etc. In my case, I narrowed it down to about five schools that I thought would be a good fit and visited each one. During that process, if there was mutual agreement on fit, an offer was made that included incentives (for example: waiving out-of-state tuition rates, stipends, fellowships, etc.). With all the options laid out, I was able to pick the most attractive package that left me with the least amount of federal loans. If you are applying to graduate business school, you will probably find yourself in a similar situation. I cannot speak for other types of graduate schools, but the lion's share of aid may come from the school itself if they want you badly enough.
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Alexandra’s Answer

Hi Sahonara!


I am in a similar situation right now, as I am completing my graduation applications for a masters program in social work. I have done a good amount of research for ways to fund grad schools because it is very expensive compared to undergrad schools. I've seen research grants can be given if you are in a field that works with science and research. I have seen that working for an organization like AmeriCorps or the PeaceCorps offer funding for education. There is a time requirement to work for them, but if it's something you are interested in, I'd try to reach out for them. Along with government affiliated programs offer tuition reimbursement programs. Depending on your state or country, I'd look into seeing if any positions working for the department of education, or which ever department correlates with your graduate school would be a good option for you. Along with most non-profit organizations offer a plan that after 10 years of making monthly payments they relieve you of what is left of your debt. There are many possible ways to fund graduate school programs, so I would say search the internet and find the best fit for you!


Best of Luck!
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