Affording Graduate School: A Guide to Financial Aid Options for Prospective Students
The decision to pursue a graduate degree is a significant investment in your future, one that can open doors to advanced career opportunities, increased earnings, and specialized expertise. However, the financial commitment required can be daunting. In a recent EAB survey of 6,000+ graduate students and adult learners, findings highlighted that financial assistance (scholarships and financial aid) were one of the most important factors when making an enrollment decision. Similarly, cost is the primary reasons survey participants indicated they choose not so continue their higher education. Graduate school is often more expensive than undergraduate studies, and while financial aid is available, navigating the options requires careful planning. In this guide, we’ll discuss key considerations when evaluating the cost of graduate school and exploring financial aid options, helping you make informed decisions to reduce the financial burden.