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FINANCING GRADUATE SCHOOL TALAL SAINT-LÔT GRADUATE RESOURCE CENTER (GRC) McNair/ROP Presentation.

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Presentation on theme: "FINANCING GRADUATE SCHOOL TALAL SAINT-LÔT GRADUATE RESOURCE CENTER (GRC) McNair/ROP Presentation."— Presentation transcript:

1 FINANCING GRADUATE SCHOOL TALAL SAINT-LÔT GRADUATE RESOURCE CENTER (GRC) McNair/ROP Presentation

2 DIFFERENCE WORLDS UNDERGRAD VS. GRAD SCHOOL Undergraduate Scholarships Federal grants Work-study Job Loans Graduate Departmental Funding Fellowships Assistantships TA, GA, RA, PA Employer tuition reimbursement Scholarships Loans Work-study

3 4 RULES OF THUMB 4 SUCCESS 1.Finish your degree with NO DEBT 2.Find resources that will PAY YOU to go to school. 3.Scholarships, grants, work-study and jobs. 4.Loans should be a LAST RESORT

4 FUNDING GRADUATE SCHOOL 1.Fellowships : A merit-based scholarship, or form of academic financial aid. 2.Assistantships : Financial assistance provided through part-time academic employment. 3.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; $16,000GEM Fellowships Robert Wood Johnson Foundation: fellowships focused on public health policyRobert Wood Johnson Foundation Andrew W. Mellon Foundation:Andrew W. Mellon Foundation NSF – Graduate Research Fellowship ProgramGraduate Research Fellowship Program Fellowship Databases – Harvard, Cornell, NYU, UCLA, & othersFellowship Databases

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 UNM Pre-MasterPost-Master.75 FTE (TA)$10,084.06$11, FTE (GA)$9,350.67$10, FTE (TA)$6,722.70$7, FTE (GA)$6,233.78$6, FTE (TA)$3,361.35$3, FTE (GA)$3,116.89$3, *Maximum amounts are set at the department level

9 BENEFITS CONTINUED… Resident Tuition and Tuition Waiver Awards, if applicable o Considered a scholarship o Tuition waiver up to 12 hours per semester or 3 hours during the summer o 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! MESA VISTA HALL 1057 UNMGRC.UNM.EDU


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