6 Priceless Resources to Find Grad School Scholarships and Grants

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Graduate school can open doors for your career. Depending on your area of study, obtaining a master’s degree can significantly raise your salary.

But those extra earnings come with a price: Graduate school is crazy expensive. The average debt for someone with a Master of Arts degree is a gulp-inducing $58,539.

However, you don’t have to resign yourself to a mountain of debt. Many grad school scholarships are available to help you offset the cost of school. You can combine them to pay for tuition, books, and even room and board.

How to find grad school scholarships

Here are the top resources for finding graduate school grants and scholarships.

1. Fastweb

Fastweb is one of the largest college advice and financial aid databases available. You can use the platform to search through over 1.5 million scholarships. According to the company, those scholarships total over $3.4 billion in value.

To find grad school scholarships that match your strengths and interests, you must create a Fastweb account. Then, the site will ask you to enter details like your GPA, major, and hobbies.

The company uses those details to find scholarships that match your profile, even if they’re weird or obscure. If you’re a redhead or a champion duck caller, Fastweb is the place to find a scholarship.

2. GoGrad

If you’re not sure how you’ll afford a master’s degree, GoGrad can help by providing tips and advice on how to pay for school, including grants, federal aid, and scholarships.

GoGrad also lists plenty of niche scholarships, including options for women and veterans. The platform clearly shows how much each scholarship is worth, what the sponsoring organization is, and what the deadline to apply is. It also lists the requirements for each application, such as submitting an essay.

3. Unigo

Unigo is a site for high school seniors and current college or graduate students. It provides resources to help you decide which school is best for you and how to make the most of your education.

Unigo has a searchable database of graduate school scholarship opportunities, but the company also awards its own grants — and some are quite large. You could receive up to $10,000 by applying for Unigo awards. To date, the company has distributed nearly $500,000 in scholarships.

Besides the usual scholarships for excellent students, Unigo also has quirky options. For example, the company offers a $2,000 Zombie Apocalypse Scholarship to the person who can come up with the best survival plan for when zombies overrun cities.

4. Scholarship America

Scholarship America believes every student deserves a college education, regardless of their finances. To that end, the organization gives students the resources and information they need to go to school without ending up in major debt.

Scholarship America has distributed over $3.7 billion in scholarships to college and graduate school students. They have dozens of scholarship opportunities, including options specifically for grad school students.

While other organizations offer small graduate school scholarships, Scholarship America offers large awards. You could receive up to $25,000 to pay for a master’s degree.

5. Scholly

Scholly is a mobile app that makes finding grad school scholarships easier. According to the company, hundreds of thousands of students have used the app to identify over $70 million in scholarship opportunities. You can’t apply for scholarships on Scholly (yet), but the app can help you find money you would have otherwise missed.

Create an account on Scholly, which is available for iOS and Android smartphones, and find scholarships that are a good fit for you. You can filter the results by grade level or major, making it easily to find graduate-level scholarships. The app also helps you keep track of deadlines and follow the status of your applications.

6. Professional associations

Although there isn’t an app or a snazzy database to find them, you can identify valuable scholarships via professional associations. To encourage students and professionals to continue their education and improve their expertise in a given field, these organizations give out thousands each year.

For example, if you’re a member of the Public Relations Student Society of America (PRSSA), you can apply for nearly 20 different scholarships.

If you’re not part of a professional organization yet, JobStars has a list of associations for fields that include engineering, accounting, marketing, and child care. You also can ask your department chair for recommendations about which associations you should join.

Paying for graduate school

Depending on your area of study, completing a graduate school program can help you get a job sooner and boost your pay. For some, a master’s degree offers an excellent return on investment.

However, whether you should go to postsecondary school isn’t an easy decision. The high cost, even with grad school scholarships, can cause financial issues later. If you aren’t sure whether pursuing a master’s degree is right for you, learn how to figure out if graduate school is worth it.

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* The Sallie Mae partner referenced is not the creditor for these loans and is compensated by Sallie Mae for the referral of Smart Option Student Loan customers.

1 Important Disclosures for College Ave.

CollegeAve Disclosures

College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.

(1)All rates shown include the auto-pay discount.  The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.

(2)This informational repayment example uses typical loan terms for a freshman borrower who selects the Deferred Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 8.35% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $179.18 while in the repayment period, for a total amount of payments of $21,501.54. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.

(3)As certified by your school and less any other financial aid you might receive. Minimum $1,000.

Information advertised valid as of 9/3/2019. Variable interest rates may increase after consummation.


2 = Sallie Mae Disclaimer: Click here for important information. Terms, conditions and limitations apply.

3 Important Disclosures for CommonBond.

CommonBond Disclosures

Offered terms are subject to change and state law restrictions. Loans are offered through CommonBond Lending, LLC (NMLS #1175900).

  1.  Rates are as of July 1, 2019 and include auto-pay discount. All loans are eligible for a 0.25% reduction in interest rate by agreeing to automatic payment withdrawals once in repayment. Variable rates may increase after consummation.

4 Important Disclosures for Discover.

Discover Disclosures

  1. Students who get at least a 3.0 GPA (or equivalent) qualify for a one-time cash reward on each new Discover undergraduate and graduate student loan. Reward redemption period is limited. Please visit DiscoverStudentLoans.com/Reward for any applicable reward terms and conditions.
  2. View Auto Reward Debit Reward Terms and Conditions at DiscoverStudentLoans.com/AutoDebitReward.
  3. Aggregate loan limits apply.
  4. Lowest rates shown are for the undergraduate loan and include an interest-only repayment discount and a 0.25% interest rate reduction while enrolled in automatic payments. The interest rate ranges represent the lowest interest rate offered on the Discover Undergraduate Loan and highest interest rates offered on Discover student loans, including Undergraduate, Graduate, Health Professions, Law and MBA Loans. The fixed interest rate is set at the time of application and does not change during the life of the loan. The variable interest rate is calculated based on the 3-Month LIBOR index plus the applicable Margin percentage. The margin is based on your credit evaluation at the time of application and does not change. For variable interest rate loans, the 3-Month LIBOR is 2.50% as of July 1, 2019. Discover Student Loans will adjust the rate quarterly on each January 1, April 1, July 1 and October 1 (the “interest rate change date”), based on the 3-Month LIBOR Index, published in the Money Rates section of the Wall Street Journal 15 days prior to the interest rate change date, rounded up to the nearest one-eighth of one percent (0.125% or 0.00125). This may cause the monthly payments to increase, the number of payments to increase or both. Please visit discover.com/student-loans/interest-rates for more information about interest rates.
Discover's lowest rates shown are for the undergraduate loan and include an interest-only repayment discount and a 0.25% interest rate reduction while enrolled in automatic payments.

5 Important Disclosures for Citizens.

Citizens Disclosures

  1. Undergraduate Rate Disclosure: Variable rate, based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of September 1, 2019, the one-month LIBOR rate is 2.14%. Variable interest rates range from 3.24% – 11.50% (3.24% – 11.35% APR) and will fluctuate over the term of the loan with changes in the LIBOR rate, and will vary based on applicable terms, level of degree earned and presence of a co-signer. Fixed interest rates range from 4.72% – 12.19% (4.72% – 12.04% APR) based on applicable terms, level of degree earned and presence of a co-signer. Lowest rates shown requires application with a co-signer, are for eligible applicants, require a 5-year repayment term, borrower making scheduled payments while in school and include our Loyalty and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change. Please note: Due to federal regulations, Citizens Bank is required to provide every potential borrower with disclosure information before they apply for a private student loan. The borrower will be presented with an Application Disclosure and an Approval Disclosure within the application process before they accept the terms and conditions of the loan.
  2. Citizens Bank Student Loan Eligibility: Borrowers must be enrolled at least half-time in a degree-granting program at an eligible institution. Borrowers must be a U.S. citizen or permanent resident or an international borrower/eligible non-citizen with a creditworthy U.S. citizen or permanent resident co-signer. For borrowers who have not attained the age of majority in their state of residence, a co-signer is required. Citizens Bank reserves the right to modify eligibility criteria at anytime. Interest rate ranges subject to change. Citizens Bank private student loans are subject to credit qualification, completion of a loan application/consumer credit agreement, verification of application information, and if applicable, self-certification form, school certification of the loan amount, and student’s enrollment at a Citizens Bank- participating school. 

    Please Note: International Students are not eligible for the multi-year approval feature.

  3. Co-signer Release: Borrowers may apply for co-signer release after making 36 consecutive on-time payments of principal and interest. For the purpose of the application for co-signer release, on-time payments are defined as payments received within 15 days of the due date. Interest only payments do not qualify. The borrower must meet certain credit and eligibility guidelines when applying for the co-signer release. Borrowers must complete an application for release and provide income verification documents as part of the review. Borrowers who use deferment or forbearance will need to make 36 consecutive on-time payments after reentering repayment to qualify for release. The borrower applying for co-signer release must be a U.S. citizen or permanent resident. If an application for co-signer release is denied, the borrower may not reapply for co-signer release until at least one year from the date the application for co-signer release was received. Terms and conditions apply. Borrowers whose loans were funded prior to reaching the age of majority may not be eligible for co-signer release. Note: co-signer release is not available on the Student Loan for Parents or Education Refinance Loan for Parents.
3.70%
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3.37%
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4
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3.24% – 11.50%5Undergraduate and Graduate

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Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.

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