Financial Aid Information for Graduate Students
For a more detailed review of financial aid for graduate students, please refer to the Award Guide.
- Complete the FAFSA electronically at www.fafsa.gov
- For Fall 2018, Spring 2019, or Summer 2019 complete the 2018-2019 FAFSA
- For Fall 2019, Spring 2020, or Summer 2020 complete the 2019-2020 FAFSA
- Be sure to list Goucher's federal school code: 002073
- Activate your Net Partner (formerly FASTS) account and log in to review your "Documents" tab about a week after submitting your FAFSA
- Submit any needed documents
- 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
- Please submit a Graduate Student Expected Enrollment form when you are confident of your expected schedule and credits
- 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)
- Federal aid - Direct Unsubsidized loan, Graduate PLUS loan, TEACH Grant
- Goucher aid - contact the office for your graduate program for more information
- Maryland State aid - limited scholarships for legal residents of Maryland
- Outside aid - scholarships or other tuition benefits
- Private education loans
- 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).
- 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
- This process will begin around May for the upcoming year. (May 2019 for the 2019-2020 year beginning in Fall 2019.)
- If you have submitted all documents after May, 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.
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.