Teaching assistantships usually involve leading a discussion section, supervising a laboratory, grading papers, and meeting with students. The typical appointment involves working approximately 20 hours a week. Research assistants are found especially in science and engineering fields. They are engaged in laboratories to assist faculty in research projects. Advanced students working on their theses or dissertations are often being supported by stipends to do their own individual projects.
Many institutions also waive or reduce tuition for teaching and research assistants.
Although fellowships, traineeships, and teaching and research assistantships may be available for master's degree students, they are generally limited at that level. They are more likely to be reserved for doctoral students, who require more time to complete their degree programs. While not directly related to an academic program, there are other positions, like residence hall counselor or resident advisor, that provide reduced tuition or room and board and sometimes offer a stipend. These jobs provide valuable transferable skills, and they may help you fund your advanced degree. The department or the graduate school office that admits you should have information about this kind of employment.