A unique way to pay for a college education that is only available to graduate students is a fellowship. The amounts awarded vary based on the type of fellowship and sponsor, but generally these will cover the costs for tuition and fees as well as provide a monthly stipend. Some are multi-year and may also require that the student not be employed while in school so they can concentrate on their studies. If the funds provided are not sufficient to cover all educational expenses, many graduate fellowships do allow you to receive other financial aid as well.
|Jennifer Mathes, Ph.D.|