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Financing Graduate sChool

Financing Graduate sChool. Talal saint- lôt Graduate Resource Center (GRC). McNair/ROP Presentation. Difference worlds Undergrad vs. Grad School. Graduate Departmental Funding Fellowships Assistantships TA, GA, RA, PA Employer tuition reimbursement Scholarships Loans Work-study.

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Financing Graduate sChool

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  1. Financing Graduate sChool Talal saint-lôt Graduate Resource Center (GRC) McNair/ROP Presentation

  2. Difference worldsUndergrad vs. Grad School Graduate • Departmental Funding • Fellowships • Assistantships • TA, GA, RA, PA • Employer tuition reimbursement • Scholarships • Loans • Work-study Undergraduate • Scholarships • Federal grants • Work-study • Job • Loans

  3. 4 Rules of Thumb 4 success • Finish your degree with NO DEBT • Find resources that will PAY YOU to go to school. • Scholarships, grants, work-study and jobs. • Loans should be a LAST RESORT

  4. Funding Graduate School • Fellowships: A merit-based scholarship, or form of academic financial aid. • Assistantships: Financial assistance provided through part-time academic employment. • Employer Tuition Reimbursement: Various employer-sponsored programs to help employees and their dependents pay for college and/or graduate programs.

  5. Fellowships • GEM Fellowships: minorities in engineering and science; $16,000 • Robert Wood Johnson Foundation: fellowships focused on public health policy • Andrew W. Mellon Foundation: • NSF – Graduate Research Fellowship Program • Fellowship Databases – Harvard, Cornell, NYU, UCLA, & others

  6. Assistantships • A financial award to a graduate student for part-time work in teaching or research while pursuing study toward an advanced degree. • Designed to assist students in strengthening skills and successfully completing their graduate program • Usually made within a students’ academic units, but students may accept assistantships outside their unit of study

  7. Types of Assistantships • Teaching Assistant (TA/TA Spec): directly involved with producing student credit hours • Teaching Associate (TAssoc): advanced teaching assistant • Research Assistant (RA): one who helps with research that is relevant to the assistant’s thesis, dissertation or other requirement for a graduate degree • Graduate Assistant (GA/GA Spec): someone who’s duties are related to instruction, but who is not directly involved in producing student credit hours • Project Assistant (PA): one does work required by a research grant, contract or special project that is not related to degree requirements

  8. Minimum Salary Guidelines @ UNM *Maximum amounts are set at the department level

  9. Benefits continued… • Resident Tuition and Tuition Waiver Awards, if applicable • Considered a scholarship • Tuition waiver up to 12 hours per semester or 3 hours during the summer • Out-of-state students are eligible for the resident tuition rate if the FTE is 25% or higher and the assistantship is held for at least one-half of the semester • Health Insurance – full payment through Student Health Center

  10. Thank you and good luck Finding funding! 277-1407 Mesa vista hall 1057 Unmgrc.unm.edu

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