Financial Aid Programs

Financial Aid Programs for Graduate Students

Federal aid for graduate students includes Federal Work-Study, Unsubsidized Federal Direct Loans, PLUS Loans for Graduate Students,  Federal Perkins Loans and the TEACH grant .  

Federal aid is awarded through the Office of Financial Aid in accordance with requirements established by federal law. Federal aid requires a separate application, the Free Application for Federal Student Aid (FAFSA). Students who apply early for federal aid, are considered for Federal Work-Study positions and/or Federal Perkins Loans for the upcoming academic year. Students interested in Federal Direct Loans may apply by submitting a loan application in addition to filing a FAFSA. First-time borrowers must attend a personal pre-loan interview before the loan is disbursed. 

Institutional Aid

Institutional aid is based on a combination of need and merit. This may include: scholarships, fellowships, grants, assistantships, etc. The funding for institutional aid comes from the college. In order to find out more about the institutional aid offered at each college, please contact the college(s) Graduate Admissions Office.

Federal Work-Study Program

Work-study offers students the opportunity to earn money on campus or at a public or private non-profit organization. This money may be used to help pay for educational expenses.

To be eligible, students must demonstrate financial need, must be attending college at least half-time (6 credits per semester), must be enrolled in degree-granting programs, and must be either a citizen or permanent resident of the United States.  Students use the FAFSA as the application form to determine eligibility for the Federal Work-Study program.

Counseling Assistant Program (CUNYCAP) - CUNY program

Matriculated CUNY graduate students who are legally eligible to work in the United States and earned a bachelor’s degree at a CUNY College may apply for the City University of New York Counseling Assistantship (CUNYCAP). The program offers up to 600 hours of employment for the academic year (up to 300 each for the fall and spring semesters) at the rate of $10 per hour.  The program also offers up to 6 credits of tuition reimbursement per semester at the in-state rate of tuition.  To earn the tuition reimbursement participants must work a minimum of 225 hours during the semester.  The application and information regarding program requirements are available of the CUNY portal under “employment opportunities” or by calling the Office of Student financial Assistance at 646 664-3589.