Graduate Financial Aid


General Information
Graduate students are encouraged to apply for financial aid to help them meet their educational costs. To receive financial assistance from the College, students must be enrolled, or accepted for enrollment, in a degree-granting or federally approved certification program at Worcester State College. Graduate students are eligible for Federal Loans and/or Federal
Work Study funds. Applicants must also meet all eligibility requirements and must be in good academic standing. Financial aid is awarded to students with demonstrated financial need, i.e., the amount by which the total cost of college attendance (including reasonable costs for room, board, books, transportation, and other personal expenses) exceeds the expected family contribution. Non-need based Financial Aid is available through several loan programs. Complete information on financial aid programs, application procedures, and the award process is available in the Worcester State College Financial Aid Guide and the Financial Aid Office website at www.fac.worcester.edu/finaid. Applicants to the College, current students, and their families should feel free to contact the Financial Aid Office at 508-929-8056 during our business hours which are 8:15 a.m. to 5:00 p.m., Monday through Friday.

Back to top

 

Application Process
All students applying for financial aid should complete and submit a Free Application for Federal Student Aid (FAFSA) and a Worcester State College Financial Aid Application prior to the deadlines indicated below. Late applicants for financial assistance will be given full consideration for maximum funding as long as resources are available. Applicants for financial assistance are not required to submit their spouse’s and/or parents’ tax forms unless requested by the Financial Aid Office.
Renewal of financial aid is not automatic; eligibility must be re-established by applying on an annual basis.

Deadlines

  • March 1 | All first year undergraduate and graduate applicants for the Fall of 2003
  • March 1 | All returning undergraduate and graduate applicants for the Fall of 2003
  • November 1 | All first year applicants, transfers, for the Spring of 2004
  • April 1 | Deadline for the submission of Summer I and Summer II financial assistance requests

Back to top

 

Entrance Interviews
All first time borrowers are required to attend a federally mandated Federal Loan entrance interview. Loan funds will not be applied to a student’s account until this obligation is fulfilled.

Back to top

 

Exit Interviews
Students who have received Federal and/or State Student Loans at any time during their academic careers are required to attend an exit interview prior to any leave of absence, upon withdrawal or graduation from the College.

Back to top

 

Programs and Resources
State Employees’ Tuition Remission: State employees and their dependents who elect to take courses at Worcester State College may have some or all of their tuition waived.

Documentation of eligibility should be submitted to the Bursar’s Office. Eligible persons should contact the Personnel Office at their place of employment for further details.

Massachusetts Rehabilitation Benefits Program: Certain benefits are available for the handicapped person. Contact the Massachusetts Rehabilitation Commission for further information.

Veterans’ Benefits: The Veterans’ Administration has approved Worcester State College for the purpose of providing Veterans’ Educational Benefits to veterans pursuing undergraduate and graduate study. Massachusetts veterans entitled to educational benefits must provide the Registrar’s Office with a copy of their Form DD-214.

The Federal Perkins Loan: is a federal program administered by the College. It offers long term, low interest loans to undergraduate and graduate students. The maximum yearly graduate student limit is $6000.00.

Federal Stafford Loan: is a federally subsidized program whereby banks and other lending institutions make long term, low interest loans to undergraduate and graduate students enrolled at least half-time. Students must have completed a financial aid application before their Stafford loan application will be processed. Graduate limits are up to $8,500.00 per year.
Federal Unsubsidized Stafford Loan Program: is a federal loan program that is not subsidized (no interest paid) by the federal government. Graduate student limits range up to $l0,000.00 per year.

Graduate Assistantships: Graduate assistantships are available for matriculated students taking at least six semester hours each semester. For information and an application call the Graduate Office 508-929-8125
Generally funds for graduate students are limited to the Federal Stafford and Perkins Loan Programs in addition to the Federal Work Study Program. Applicants who are taking courses that are pre-requisites for graduate degree, may be eligible for Stafford Loan funds for up to one year.

Back to top