Keep in mind that your costs of living will continue to increase while you are in school, and tuition will also increase to keep pace with the inflation of education costs. Thousands of graduate students face these kinds of costs every year using a wide variety of financial options. The federal government provides several forms of financial assistance to qualified students which are designed to help you receive enough money to allow you to fund your educational investment. The list below highlights the major features of the several important financial aid programs. The federal government will pay the interest on this loan until six months after you graduate.
Special rules apply for leaves of absence.
Interest rates on these loans vary with the market. Special rules apply for leaves of absence. These funds are limited by availability. Although work-study is not a loan, it is also a federal financial aid program. Work-study amounts on your financial aid offer only represent the amount you are eligible to receive.