GRADUATE FINANCIAL AID
Eligibility for financial aid is determined by filing
the Free Application for Federal Student Aid (FAFSA)
through the Federal Processor. The FAFSA can be
completed online at
www.fafsa.ed.gov.
In order to receive federal aid, a student must be fully
accepted into a graduate program. Provisional
acceptance does not meet the requirements to qualify for
federal aid. Students must be enrolled at least
halftime to receive Federal Student Aid.
Graduation from a program can impact eligibility for
future aid.
Graduate students are eligible to apply for Stafford
Loans. Maximum annual loan amounts are indicated below:
Subsidized Stafford. . . . . . . . . . . . . . . . . . $
8,500
Unsubsidized Stafford. . . . . . . . . . . . . . . .
$12,000
These amounts will be subject to the student’s filing
for federal aid, showing eligibility for loans based on
income and cost of attendance for school. Students may
or may not be eligible for the maximum possible award
based on these criteria.
Lifetime Learning Credits
A family may claim a 20% tax credit for the first $5,000
of tuition and fees paid each year through 2002, and
thereafter 20% of the first $10,000. This credit
may be claimed for any number of years, starting July 1,
1998, provided students and taxpayers meet the criteria
for each credit. If eligible, this credit can be
applied to an individual annual tax return. The
program is administered by the Internal Revenue Service.
Questions should be addressed to a local IRS
representative.
Graduate Assistantships
and Scholarships Assistantships and scholarships are
available for full-time and part-time graduate students.
Information can be obtained from the Director of the
Graduate Program in each area of study.
More Resources
For more information about financial aid and funding
resources, see the undergraduate financial aid section
of this catalog. |