Posts Tagged graduate school
Types of Financial Aid Available in US Universities
The high cost of education in the US is a cause for concern for many students in India. Expenditure on education alone can range from $15000 to $50000 per year, apart from expenses on books and food, housing, health insurance, transportation and so on. What is more, graduate schools in US offer financial assistance to international students purely on the basis of merit, and rarely on the basis of need. The amount and type of assistance offered depends on the university, department and level of study.
Financial aid is more readily available in the fields of engineering, physical sciences and biological sciences rather than in humanities, social sciences, business and management, law, arts and communication. The possibility of assistance is also greater at the doctoral level than at the master’s level. The different types of financial aid available in US universities are:
1. Tuition Waiver: This means that students do not have to pay the tuition fee at the university. However, general fees related to the use of university facilities like the library, computers, sports and health services have to be borne by the student. A tuition waiver is usually awarded in conjunction with a scholarship or teaching/research assistantship.
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