If you are heading to grad school, there are a wide range of master’s degree scholarships available. Scholarships for masters degrees may help you go to graduate school for free. They could offset other expenses such as the cost of researching for your thesis.
Financial aid for graduate school is different than it is for an undergrad degree. Federal financial aid is available to grad students in the form of work study and loans. Pell Grants are only for undergraduates. As such, finding a master’s degree scholarship may make the most financial sense.
Unlike federal loans, graduate school scholarships are money you receive but typically don’t have to pay back. As long as you abide by the terms and conditions.
Is it hard to get Masters Degree Scholarships?
Some masters degree scholarships may be more competitive than other awards. Master degree scholarships come with their own criteria for eligibility. Getting a scholarship that helps pay for your master’s degree may require:
Desire to study a specific topic (E.g. Oncology Nursing, Architecture, Project Management, etc.)
Intention to research in a chosen area (E.g. Archaeological Research)
Demonstrated qualities (E.g. Leadership or Public Service)
Some scholarships for master’s degrees are also open to undergrads. So, you’ll be up against both sets of students who are competing for the awards.
One example is the Davis-Putter Scholarship. Scholarships from the Davis-Putter Scholarship Fund pay $15,000. The grants help students who are active in movements for social and economic justice.
You’ll also find master’s degree scholarships that may fund grad students who are women or minorities. The Holly A. Cornell Scholarship is one example. This $7,500 award is from the American Water Works Society. It goes to talented female and/or minority students. The recipient needs to be pursuing a degree and research in the field of water supply and treatment.
Another example is the Jonathon Lax Scholarship Fund for Gay Men. These tuition scholarships come in amounts of $5,000 or $10,000. They are set aside to help gay men who live in the five-county Philadelphia region obtain more education.
There are also scholarships for graduate students in specific fields of study. One example is the Frederic G. MELCHER Scholarship. Two candidates receive $7,500 each.
To apply, you need to be a student pursuing a Master’s in Library Science (MLS) degree. And plan to work in children’s librarianship.
The American Speech-Language-Hearing Foundation offers a similar type of scholarship. Their awards are $5,000. They go to grad students in communication science and disorders.
WHAT BENEFITS ARE THERE TO PURSUING MASTERS Degree SCHOLARSHIPS?
As a graduate student, getting a master’s degree scholarship may come with many benefits. For one, the money might cover tuition, books, living expenses and research.
This may free you up to focus on completing your master’s degree. Without having to take out loans or get a job to pay for your classes.
You may also reap rewards of attaining a master’s degree when you graduate. Employment in master’s-level occupations is on the rise by almost 17 percent from 2016 to 2026. That’s the fastest of any education level.
This may explain why in the 2017 to 2018 period alone, 775,000 students earned a master’s degree. Yet many students weigh the cost of pursuing a master’s degree with the cost of attaining it.
For sure, the average costs of graduate tuition and required fees has been climbing. What does graduate school cost? The National Center for Education Statistics has been tracking this data.
On average, the tuition and fees associated with pursuing a master’s degree are:
Private institution: $20,368
Public institution: $8,763
Average overall: $14,537
It is no surprise that recently, 70.4% of graduate students received some type of financial aid. Almost half of these students (43.8 %) took out loans. Take away? if you are trying to go to graduate school for free, securing a scholarship or grant may be ideal.
LIST OF MASTER’S DEGREE SCHOLARSHIPS
Check out our list of scholarships for masters degrees. There are awards worth .
This scholarship is open to international and U.S. students who are in the final two years of undergraduate program or a graduate program in landscape architecture. Students must be of African American, Hispanic, Native American, or other cultural/ethnic minority heritage.
International and U.S. students currently enrolled full time in undergraduate or graduate programs at four-year colleges or universities located in North America are eligible to apply for this award. Students must have declared a major or minor in accounting, business administration, finance, or criminal justice, and demonstrate a desire to pursue a career in fraud examination or similar anti-fraud profession.
This award is available for U.S. undergraduate and graduate students who attend the University of North Florida and are admitted to the College of Education and Human Services. Preference will be given to junior, senior, and graduate students in the deaf education program.
Applicants must be sophomores, juniors, seniors, or graduate students majoring in horticulture or a related field with a grade point average of 3.5 or higher. Students must reside in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, or West Virginia.
The GCFM Horticulture Scholarship is awarded to college juniors and seniors or graduate students who are legal residents of the State of Maine and not related to a GCFM Board Member. (College sophomores are eligible as they will be entering their junior year the following fall.) The Scholarship recipient is invited to attend the GCFM Annual Meeting and Awards luncheon at the State Convention held in June.
This award is available for graduate students who are members of Phi Delta Kappa International and pursuing a master’s, specialist, or doctoral degree in education or engaged in dissertation research.
This award is offered to undergraduate and graduate students who are attending an eligible institution. The applicant must be majoring in manufacturing engineering and have a 3.0 grade point average or higher to be eligible.
This award is for U.S. and international undergraduate and/or graduate students who plan to attend or are currently attending certain ABET-accredited institutions. A list of eligible institutions can be found at www.sme.org/cgi-bin/smeefhtml.pl?/foundation/scholarships/fsfroth.html&&&SEF&. The applicant must have a grade point average of 3.0 or higher to be eligible.
This scholarship is available for U.S. graduate students who are enrolled in a program leading to an advanced degree in nuclear science, nuclear engineering or a nuclear-related field.
This scholarship is available for U.S. graduate students who have a career focus in international relations or intelligence. The applicant must be a member of the Associaton of Former Intelligence Officers (AFIO), OR the child or grandchild of a member of the AFIO, OR the child or grandchild of a serving intelligence professional.
