Wednesday, June 20, 2007

Knocking on Opportunity’s Door: Scholarships for Grad Students

Paying for four years of college is a steep bill, so steep in fact, that even if attending grad school would be profoundly beneficial, most students feel as though affording it is an impossible feat. Though grad school is not the best option for all students, for many (depending on their career choice), it can be the difference between a mediocre career and one that is fabulously fitted to your abilities. If this is the case, consider the many financial assistance options available before writing grad school off altogether—you may find that it is not nearly as impossible as you thought.

Grad Scholarship Categories

Grad school scholarships are much less common than undergraduate scholarships but they are out there. If you distinguish yourself in college by getting involved on campus, participating in your community, and earning the grades that match your social contributions, getting assistance for grad school is not as hard as it seems. The competition is tough when financial assistance is at stake, but there are also fewer students vying for the prize. If grad school will help you obtain the position that you want, boost your salary, and build your qualifications, by all means, pursue a master’s degree fervently and seek out scholarship opportunities.

Essay scholarships. Most essay scholarships can be applied toward any level of post-secondary education. The great thing about an essay scholarship is that if you find it early enough you have a unique opportunity to knock the socks off your audience. Find a peer or even a past instructor and ask for feed back on the piece that you are going to submit. Then make the changes. Essay judges are most likely no different than the people who surround you every day so their opinions are priceless. The more time you invest the greater the potential reward will be.

Employer sponsorships/ professional development scholarships. Already in lodged into a profession? Find out what incentives your employer offers for employees pursuing an advanced degree. Most employers offer some form of tuition reimbursement, possibly up to one hundred percent. If your employer does not have a sponsorship program, see if they have scholarship opportunities available for employees.

Major specific scholarships. Have you decided what master’s program you are interested in? If so, look for major specific scholarship opportunities. You will have a better chance at these scholarships because of your interest in the subject and your commitment to studying it.

Research grants. Do you have a degree related research project that you are interested in working on? If so, you may qualify for a research grant either through a university or an independent sponsor that has a vested interest in the topic you are pursuing. There is a network of support available for students committed to learning through the research process because no amount of classroom time competes with the invaluable knowledge gained through hands on experience.

Sweepstakes. However difficult they are to actually win, sweepstakes scholarships are still worth entering. Why? Because the chance to earn several thousand dollars towards your degree is worth the five seconds that you invest. Your chances of winning a scholarship sweepstakes are much much higher than winning say, the lottery, and participation is one hundred percent free. Additionally, there are few restrictions on eligibility requirements which means that even grad students can participate.

There are many scholarship and grant opportunities for graduate students at Scholarships.com, along with some great tips in our resource section!