The Bottom Line of Graduate School

By GradCenter | Published on November 5, 2011 | 0 comments

The Bottom Line of Graduate School
 
Typically, unless you are selected into a program as part of a fellowship or on a research scholarship, the funding for graduate school can be somewhat limited outside of loans and a few grant opportunities. Some employers will offer tuition reimbursement or assistance, but for those wanting to pursue a new degree without that option, budgeting your degree should be a key step in your process.
 
If you’re still debating between graduate programs, making a spreadsheet that outlines the different costs associated with each program or school can be helpful. Consider the following factors:
 
·         Tuition costs (and what all is considered as part of the umbrella name “tuition”)
·         Books & supplies
·         Estimated length of the program
·         Available scholarship or grant opportunities
 
Determining these factors should help you get an accurate portrayal of costs without having to go through the sometimes lengthy process of working with financial aid representatives, as most of this information should be available online.
 
While the numbers aren’t guaranteed, they will give you a starting place to go from so that you can better compare costs associated with the graduate programs you’re deciding between. And when you have more specific questions – you can still work with individual financial aid counselors to handle the details of your situation.





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