Funding for Graduate School

Students may also use private student loans, which make an excellent source of funding for graduate school and are particularly helpful in bridging the gap between the actual financial needs of students and the awards that they may have obtained in other forms. However, compared to federal student loans, private loans usually have higher rates of interests and other terms and conditions may vary from lender to lender.

How to Find the Best Funding Option

To find the best funding option for graduate school, you should explore all of your choices including scholarships, grants, loans and even your personal assets and savings. When considering a loan, choose one that is most convenient for you to pay back and one that has a low rate of interest. Our Loan Comparison Tool will help you compare the different loan options you have, helping you choose the one that suits you best.

There are two main types of student loans for graduate students – federal loans and private loans. Federal loans are either federally funded or federally backed (or insured) student loans.

Federal Stafford Loans

Federal GradPLUS Loans