Financial Aid Information for Graduate Students

For a more detailed review of financial aid for graduate students, please refer to the Award Guide.

Application Procedures

  • Complete the FAFSA electronically at www.fafsa.gov
    • For Fall 2019,  Spring 2020, or Summer 2020 complete the 2019-2020 FAFSA
    • The 2020-2021 FAFSA will become available in October of 2019
  • Be sure to list Goucher's federal school code: 002073
  • Submit a Graduate Student Expected Enrollment form when you are confident of your expected schedule and credits
    • Please note that this form will not be available for Fall 2019/Spring 2020 until mid-July 2019.
  • Activate your Net Partner account
    • NEW STUDENTS PLEASE NOTE that you need to be accepted into a program and have been issued your 9-digit Goucher ID number by the graduate office before you can activate Net Partner
    • Net Partner is Goucher's financial aid system where students can review needed documents and where financial aid is accepted or declined
  • Provided we have received your FAFSA and all required documents, then you should receive financial aid information by e-mail after processing (See Award Notification below)
  • Contact the Office of Student Financial Aid  if you have any questions or if your enrollment plans change in any way
  • If you are a new student and intend to accept any federal student loans, then log in at studentloans.gov and complete Direct Loan Entrance Counseling and a Master Promissory Note (MPN)
  • If you are starting to apply for financial aid after being billed or after classes have started, then please make sure you are responding promptly to any needs. Until your financial aid is completely processed, you may be subject to late fees.

Award Types

Eligibility Criteria

  • Each type of aid requires you to meet and maintain certain eligibility requirements.
  • Graduate students need to be at least half-time (4.5 credits) to be eligible for federal loans.

Cost of Attendance

  • Students may receive financial aid 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 students please note that all official notifications go only to your secure Goucher student e-mail. Please make sure you consistently monitor your student e-mail or set up e-mail forwarding as needed so you don't miss any important notifications.
  • New and continuing students with a complete FAFSA and expected enrollment form on file for an upcoming academic year will receive financial aid information on a rolling basis.
    • This process will begin in July for the upcoming year. (July 2019 for the 2019-2020 year beginning in Fall 2019.)
  • If you have submitted all documents after July, then please allow 2-3 weeks to receive notification to your Goucher student e-mail.
  • Graduate students in education programs may have longer processing times if they will be receiving tuition discounts or tuition benefit payments from their school system. If the financial aid office is informed of a tuition discount or benefit payment after financial aid has been packaged, then this will require the financial aid to be revised.
  • Students will receive an email when their financial aid notification may be accessed on Net Partner. Students need to use Net Partner to accept or decline award(s).
  • New students who accept federal loans will need to complete Entrance Counseling and a Master Promissory Note (MPN) online at studentloans.gov.

Billing & Refunds

  • Electronic statements will usually 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 Net Partner 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 statement due date. If the student borrowed more and has a credit on their account they may request a refund.
  • PLAN AHEAD - Refunds are not available until about 3 weeks after the semester begins. Indirect expenses may need to be paid out of pocket until the refund is available.
  • Please note that if you are registered in partial-semester terms and also registered for less than 4.5 credits in the first part of the term, then financial aid will not disburse until after the drop date of the later-starting class.

Professional Development Certificate & 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.