FINANCIAL ASSISTANCE

Financial assistance is available to graduate students via graduate assistantships, student loans and campus employment.

ASSISTANTSHIPS

Graduate assistantships are awarded on a competitive basis for a nine-month period to students admitted into a master's degree program and are renewable for one year. Remuneration for graduate assistants includes a stipend of $4,000 and waiver of tuition only, up to a maximum of 24 graduate credits per calendar year. Current assistantship assignments include most of the departments offering graduate degree programs. Other academic and administrative support assignments are available. Graduate assistantship assignments vary but may include research, counseling, and administrative responsibilities. Interested students should contact the Office of Graduate Studies for an application form. In order to receive full consideration applications should be received no later than March 31.

LOANS

FEDERAL STAFFORD LOANS (SUBSIDIZED)

This program enables students who are admitted in a master's degree program and enrolled at least half time to borrow up to $8,500 per year from a bank, credit union, savings and loan association, or other participating lender. Students who are admitted in a certification program and enrolled at least half time may borrow up to $5,500 per year. The loan is guaranteed by the state or a private nonprofit agency and is insured by the federal government. Repayment normally begins six months after leaving school with up to ten years to repay. The size of repayments depends upon the size of the debt and ability to pay. In most cases, repayment must be at least $600 a year unless circumstances agreed upon by the lending institution warrant a lesser amount. Additional information about the Federal Stafford Loan is available in the Office of Financial Aid located on the 1st floor of Lyle Hall or online at www.millersville.edu/~finaid. The applicant is required to complete the Free Application for Federal Student Aid in order to apply for the Federal Stafford Loan. This form is available in the Office of Financial Aid or you may apply online at www.fafsa.ed.gov.

FEDERAL STAFFORD LOANS (UNSUBSIDIZED)

A graduate student may borrow up to $10,000 per academic year via the additional Federal Unsubsidized Loan Program. This amount is in addition to any amount borrowed under the Federal Stafford Loan. The combined loans may not exceed educational costs or the maximum loan limits, whichever is less. A student may request Unsubsidized Stafford Loan Funds by contacting the Office of Financial Aid.

Please Note: If you are receiving a graduate assistantship, the amount of the tuition waiver is included in calculating Stafford Loan eligibility. As a result, your loan may be adjusted.

SCHOLARSHIP SEARCHES

Scholarship searches are available on the Office of Financial Aid home page. The address is www.millersville.edu/~finaid.

CAMPUS EMPLOYMENT

Campus jobs, other than graduate assistantships, are available. Information regarding job opportunities can be obtained from the Office of Financial Aid, and Office of Student Payroll.

The MBA at Millersville University, see where it takes you.