As a graduate student, you have many opportunities for financial aid.
- 85 percent of Widener’s full-time graduate students receive financial aid.
- 44 percent of part-time students taking at least six credits per semester benefit from federal financial assistance.
In addition, many part-time students in our respected graduate programs receive tuition reimbursements from their employers.
Contact Financial Aid Services to learn more about all types of graduate aid available to you such as:
- Graduate Assistantships and Fellowships
Graduate assistantships and fellowships are available to students enrolled in specific graduate programs. Contact your graduate program office for more information.
- Employer Reimbursement
If you work, you may be able to receive aid from your employer. We encourage you to fully explore these opportunities, and we will be glad to provide any necessary documentation. Students who are receiving employer assistance may also apply for financial aid provided all of the eligibility requirements are met.
- Federal Work Study
This is the opportunity to earn funds through employment. Work study is awarded based on financial need. You can work for the university and earn a paycheck to help defray the cost of education. Students who do not qualify for Federal Work Study can also get jobs on campus.
- Other Sources of Aid
Private scholarships, grants, loans, and other sources of aid are available to students through local organizations and associations.
Several loan options are available including the Federal Direct Unsubsidized Loan, the Federal Direct Graduate PLUS Loan and private/alternative loans.
Widener University Endowed Scholarships
Widener University has a limited number of privately funded graduate scholarships that have been given by individual donors and other benefactors. These awards are administered by individual schools and committees.
Federal Direct Graduate PLUS Loan (GradPLUS)
The Federal Direct Graduate PLUS loan enables graduate students with good credit histories to borrow funds to pay their educational expenses not covered by a Federal Direct Loan or other aid if they are enrolled at least half time. The yearly limit on a Direct GradPLUS is equal to the cost of attendance minus any other financial aid. The Federal Direct GradPLUS, annually effective July 1, has a fixed interest rate established by the US Department of Education. For the 2015-2016 academic year, the interest rate is fixed at 6.84%. The origination fee is also established, effective July 1 annually, by the US Department of Education. For the 2015-2016 academic year, the origination fee is 4.272%. Borrowers can choose to defer payments on a Federal Direct GradPLUS loan until six months after the date they cease to be enrolled at least half-time. Accruing interest can either be paid by the borrower monthly or quarterly, or be capitalized quarterly. Payments on interest can be tax deductable and there are no penalties on paying off the loan early. You can visit http://direct.ed.gov/ for more information on Federal Direct GradPLUS loans and to apply. You will need to indicate the amount you would like to borrow as part of the process. You can electronically sign your application with the same FSA ID you use for the Free Application for Federal Student Aid (FAFSA) process.
Other Sources of Aid
These awards may be available through the individual graduate departments. Application procedures and eligibility requirements will vary. In addition, private scholarships may be available to students through local organizations and associations.
Graduate Assistantships and Fellowships
These awards may be available to students enrolled in specific graduate programs. Application procedures and eligibility requirements will vary. The student should contact his/her graduate program office for more information.
Professional Nurse Traineeship Grants
These grants cover the cost of tuition for full-time advanced education of professional nurses. Each appointment is for at least nine months of full-time study. Funds are subject to annual federal budget approval. Awards to individual students will vary depending on total funding and numbers of eligible students applying for funds. Information is available from the graduate office of the School of Nursing.