| The government allocate an annual budget for | | | | graduate students who qualify for this type of loan. |
| student financial assistance, in its aim to make | | | | Financial need is not a requirement for qualification. |
| education more accessible for as much students as | | | | However, those who can demonstrate their need for |
| possible. In case you didn't know, there are also | | | | financial assistance, the government will shoulder as |
| student loans and graduate school scholarships | | | | much as $8,500 of the total amount loaned. |
| provided by the government. Indeed, it is no longer | | | | Perkins Student Loans |
| restricted only to undergraduate studies and you can | | | | To avail of this one, you have to inquire at the |
| now pursue a higher level of education even if you | | | | graduate school you are attending. Full-time and |
| initially lack the financial resources for it. | | | | part-time graduate students can equally avail of this |
| Below are some examples of government student | | | | and you have to repay your school. For students |
| loans for graduate students, which reflects the | | | | who can demonstrate their financial need, a total |
| federal government's efforts to assist you in the | | | | amount of $6,000 graduate school financial assistance |
| hopes of attending higher education. An important | | | | is provided. |
| requirement though before you can qualify for any | | | | PLUS Student Loans |
| of these graduate student loans is that you must | | | | Before you can qualify for this type of government |
| complete application for FAFSA (Free Application for | | | | graduate student loan, you must first pass the a |
| Federal Student Aid). | | | | credit check. The application begins by filing via |
| Graduate Stafford Loans | | | | FAFSA and complying with the requirements of the |
| As much as $18,500 are provided annually for | | | | application. Interest rates vary from 7 to 8 percent. |