Scholarships and grants for graduate school are essential given that graduate school tuition has steadily increased over the years. This reality makes it difficult for students to afford a second degree, which, in the current economic environment, contributes to finding and keeping a job. Fortunately, there are financial aid programs from private sources that help students pay for their education, making them one step closer to their career goals.
Mark T. Banner Scholarship
According to Georgetown University, law students spend over $150,000 to get their degree and more than 80 percent of students in law school require financial assistance to complete the program. Those enrolled in second or third year of school can take advantage of the Mark T. Banner Scholarship, which is administered by the Richard Linn American Inn of Court. To be eligible, applicants must demonstrate a commitment to Intellectual Property law and academic excellence. They must also have leadership experience and must participate in a telephone interview.
Jack Kent Cooke Foundation's Graduate Arts Award
The arts have been and continue to be an essential part of society and culture. To foster artistic growth, the Jack Kent Cooke Foundation offers several scholarships and grants to students every year. For graduate students, the Graduate Arts Award provides $50,000 to a selected recipient in the performing or visual arts. Fifteen students will be selected for the award, during the 2011 - 2012 academic year. There is no direct application form for this award. Instead, students must be nominated by the Jack Kent Cooke Foundation Faculty Representative at their school.
Physicians of Tomorrow Scholarship
On average, medical school students graduate with almost $155,000 in debt, according to the American Medical Association. To address this problem, the organization created scholarship programs to ease the financial burden faced by America’s future doctors. One such program is the Physicians of Tomorrow Scholarship, which has given out over $900,000 in scholarship money. Each year, between eight and 12 students receive $10,000 for their educational expenses. To qualify, applicants must be in the third-year of medical school. They must also demonstrate both academic excellence and financial need.
Established in 1971, more than 490 students from over 100 colleges have received a Beinecke Scholarship to attend graduate school. It is open to college juniors and those selected receive an initial $4,000 to apply towards college costs. They then get an additional $30,000 for graduate school. Applicants must be American citizens, or nationals of American Samoa or the Commonwealth of the Northern Mariana Islands. They must also plan to pursue a degree in the arts, humanities or social sciences, but not a neuroscience degree. Applicants must also have a history of receiving need-based financial aid in the past.
Continuing Professional Development Scholarships
Future nurses need financial aid for school like any other group of students, especially as the cost of a degree at a private school is upwards of $80,000. Nursing students can access funding from a variety of groups including the American Association of Critical-Care Nurses. The group administers the Continuing Professional Development Scholarships to help qualified, practicing nurses return to school and acquire additional knowledge and training. Applicants must be members of the organization and get $3,000 each academic year.