Graduate students at Michigan Tech have many aid options available to help them invest in their education.
- Federal Direct PLUS (Graduate) Loans are available for graduate students who meet the Department of Education’s eligibility criteria.
- Students must complete an application and complete their FAFSA each year to apply.
- A graduate student can borrow up to their cost of attendance, less any other financial aid they have.
- Alternative Loans from banks or other lending institutions are available for parents or students who meet the lender’s eligibility criteria.
- An application is required to be considered, and some lenders may require a cosigner.
- The amount a student or parent can borrow is variable up to the student’s cost of attendance, less any other financial aid the student has.
Graduate Assistantships are a form of student employment which includes compensation in the form of a stipend, tuition, and lab/course fees. Assistantship recipients perform research, teaching, or administrative services for the University as part of a student’s academic and professional training and development.
The Federal Work-Study Program provides funding for part-time employment to students who are US citizens or permanent residents and have financial need as demonstrated by their FAFSA results.
For more aid and funding opportunities, please see the Graduate School Financial Information page.