Fin aid in grad school

None
Wed, 07 Feb 2007 23:30:43 +0000

Most universities will offer grants to cover at least tuition (often with stipend for living expenses) for most students aiming for a Ph.D in the arts or sciences, if the student does not have an outside fellowship or something. Few students will study for a PhD if they had to pay tuition every year because there are little material benefits for doing so.

For business, law, medicine, or other professional schools, the salary after graduation is quite large. In most cases, students borrow money, up to the cost of attendance, to pay for professional schools.