Federal Pell Grant opportunities are widely available for a variety of undergraduate students who may need assistance meeting college tuition costs. General Pell grants, which may be available for low income students and specific grants which are offered to undergraduate students who may be pursuing a particular degree in a specific field are widely available but many graduate students often are in need of these grant funds as well.
While most federal grants are only offered to undergraduate students, but there may be some assistance options for graduate students who are in need of funding to continue their education. Understandably, rising college tuition costs has caused many individuals to forgo pursuing a graduate degree, but with many men and women out of work or looking to advance at their current place of employment, sometimes a Master’s Degree may be necessary for certain individuals.
Obviously, with slow economic conditions currently in place, not every graduate may be able to meet the costs of college tuition for graduate classes out-of-pocket. However, there are grants, specifically fellowships, which may be available to certain students who are pursuing a graduate degree in an area where there is need. One of the more common areas where grants may be available for graduate students is education, but there may also be opportunities available directly from universities which provide grant funding assistance to students.
However, federal grant or Pell Grant opportunities for graduate students may be quite limited, but there are numerous scholarships and assistance programs which can help meet the costs of pursuing a degree beyond a Bachelor’s Degree. There are federal assistance programs for graduate students but funding and opportunities may be limited for the most part.
Yet, financial aid counselors often advise students to not only seek out grant funding for their graduate career, but also explore scholarship opportunities that may be available as well. While there are student loans available for graduate students, finding these free forms of financial aid should be a student’s priority before they turn to loan opportunities.