Tuition for an Online Masters in School Counseling can vary by the number of years it takes to complete the degree. There is help available through loans, which must be repaid, and scholarships and grants do not. While plenty of financial aid is available, students must budget carefully and use it prudently to avoid loan debt. Microsoft Money reported in late 2020 that the average student loan debt for MA and MS students was $66,000. We’ve outlined the major graduate financial aid programs for you. Be sure to visit our Best Financial Guide for detailed information.
To begin the application process for the financial aid listed below, complete the online Free Application for Federal Student Aid. The US Department of Education lists the following assistance:
Scholarships are awarded based on your academic achievement or financial need. See the section on scholarships below:
Grants are made by universities, counseling/psychological organizations, and state departments of education. The Teacher Education Assistance for College and Higher Education (TEACH) Grant is open to students pursuing courses toward a career in teaching. These grants range up to $4,000 a year and do not need to be paid back.
Student loans must be repaid and maybe a source of student debt. Loans are federal and private. Federal loans include the Federal Direct Unsubsidized Loan, Federal Direct Graduate PLUS Loan. Students may also take loans from private lenders, but interest rates will be higher.
Federal Work-Study (FWS) Program
Grad students can hold part-time jobs in a related field to earn money for tuition.
Read more about financial did on the Best Financial Aid Guide.
Scholarships for Masters in School Counseling Students
Scholarships are a boon for those who qualify for them. In addition to financing your Online Masters in School Counseling, scholarships do not need to be repaid to the professional association, private donor, or university that grants them. They are awarded to students on various factors, including degree concentration, financial need, and academic achievement. Here are a few examples of application requirements and amounts granted: