Financial Aid Overview - Graduate Programs

For complete information regarding the information below please click on the Graduate Award Guide located at

Application Procedures

  • Complete the 2016-2017 FAFSA electronically at
  • Be sure to list Goucher's federal school code: 002073
  • Activate your FASTS account and log in to review your "Documents" tab about a week after submitting your FAFSA - Submit any needed documents
  • Please submit a Graduate Student Expected Enrollment form when you are confident of your expected credits each semester
  • Provided your FAFSA was received, we have any needed documents and your expected enrollment form, then you should receive financial aid information by e-mail after processing
  • Contact the Office of Student Financial Aid  if you have any questions or issues
  • If you intend to accept any federal student loans, then log in at and complete Direct Loan Entrance Counseling and a Master Promissory Note (MPN)

Award Types

Eligibility Criteria

  • Each type of aid requires you to meet and maintain certain eligibility requirements.

Cost of Attendance

  • Students may receive financial of up to their Cost of Attendance (COA). The COA includes direct institutional charges (tuition and fees) and estimates of indirect expenses (room and board, transportation, books and supplies, and miscellaneous expenses).

Award Notification

  • New and continuing students with complete applications will receive their financial aid notification beginning in May.  This will occur on a rolling basis.
  • Students will receive an email when their financial aid notification may be accessed on the Financial Aid Student Tracking System (FASTS).  Students will need to log into FASTS to accept or decline their award(s).
  • Depending on the award(s) accepted, additional documentation may be needed.

Billing and Refunds

  • The first E-Bill for each semester will display financial aid as anticipated aid. Anticipated aid is replaced with actual aid after the last drop date of each semester if the aid has been accepted on FASTS and all required financial aid documents have been received and processed.
  • Any remaining charges after all financial aid is applied must be paid by the E-Bill due date. If the student has a credit on their account they may request a refund.
  • PLAN AHEAD - Refunds are not available until after the semester begins. Indirect expenses may need to be paid out of pocket until the refund is available.

Professional Development Certificate and Non-Degree Seeking Graduates

Students participating in the Welch Center's eight Professional Development Certificate and non-degree seeking graduate programs are not eligible to receive federal financial aid.