Financial Aid Information for Graduate Students


Which year FAFSA do I submit?

The 2021-2022 FAFSA just became available on October 1, 2020. However, many graduate students are still applying for the 2020-2021 year. We suggest you simply submit both right now, but here are how the terms and FAFSA years line up:

2020-2021 - Fall 2020, Winter/Spring 2021, Summer 2021

2021-2022 - Fall 2021, Winter/Spring 2022, Summer 2022

Winter / Spring Financial Aid Reminders

  • Winter and Spring credits are combined for financial aid purposes. So, as an example, if you are in 1.5 credits in Winter and 3 credits in Spring, then you are considered as being in 4.5 credits for Spring.
  • Please note that the billing office may issue a Winter only statement. Since the financial aid is technically for Spring, then it will not show as anticipated aid on a winter only statement.
  • Provided your Spring financial aid is enough to cover both Winter and Spring, then you should see your Winter balance carried forward into your Spring statement. If your financial aid is not meeting your needs as shown on your Spring statement, then you may follow up with our office to discuss options.
  • If a student were to drop Spring courses and no longer be eligible for a federal loan, then other payment arrangements would be needed for Winter.

Fall 2020 - Important Information

PLEASE NOTE that for federal financial aid for Fall 2020, both the 2020-2021 FAFSA and expected enrollment form should have been on file with our office by 11/11/2020 to allow enough time to be processed before the official end of the Fall 2020 semester. As a general rule, students need to complete both of these tasks by the official billing due date in order to avoid potential late fees from the billing office. In some cases, we may still be able to process Fall 2020 federal aid, but it depends on a variety of factors and is a case-by-case situation. If we are unable to process federal financial aid for any reason, then students will need to make other payment arrangements or seek a private student loan.


In addition to the regular application procedures below, new graduate students should make sure they take care of these additional steps. PLEASE NOTE that new students cannot complete these steps until they are officially accepted into an aid-eligible degree program and have been issued their 9-digit Goucher ID number by the graduate office.

Goucher Student E-Mail Access

  • Once you have received information about your Goucher student e-mail, please transition to using that e-mail exclusively for all things Goucher related.
  • All important financial aid (and billing statement) e-mails will go ONLY to your secure Goucher student e-mail, so you don't want to miss any important updates!
  • If you need help with accessing your Goucher student e-mail, please contact Goucher's IT help desk: 410-337-6322.

Goucher's Online Financial Aid System: Net Partner

  • You will need to activate your account in Net Partner as a First Time User.
  • Please note that you may not be able to activate your Net Partner until you are officially awarded. If you are still in the early stages of applying, you may wait to activate your account.
  • Net Partner is where you review your file for needed documents and where you accept or decline your financial aid.
  • Net Partner uses your 9-digit Goucher ID, which is not the same as your e-mail login. If you can't find your Goucher ID then please e-mail us from your Goucher student e-mail for assistance.
  • PLEASE NOTE that Net Partner is only for financial aid. Your billing account and statements are a different system and login:

Loan Entrance Counseling and Master Promissory Note (MPN)

  • Students who intend to accept federal student loans need to complete the federally-required Entrance Counseling and Master Promissory Note (MPN) online.
    • The login is the same FSA ID and password as for your FAFSA.
  • Most students only need to complete these tasks the first semester they accept federal loans.
  • You don't need to specifically wait to have your loans in place and accepted. You may use estimates for the purposes of the Entrance Counseling.

Graduate Student Financial Aid Application Procedures

  • For a one-page summary of key steps, please see the application checklist.
  • Complete the FAFSA electronically at
    • For Fall 2020, Winter/Spring 2021, or Summer 2021 complete the 2020-2021 FAFSA.
    • For Fall 2021, Winter/Spring 2022, or Summer 2022 complete the 2021-2022 FAFSA.
  • 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.
  • 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 starting to apply for financial aid any less than 3 weeks prior to the start of term or after being billed, 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 from the billing office.

Important Dates

Priority FAFSA Submission Dates

Academic Year Semesters Priority Deadline for FAFSA
2020-2021 Fall 2020, Winter/Spring 2021, Summer 2021 March 1, 2020
2021-2022 Fall 2021, Winter/Spring 2022, Summer 2022 March 1, 2021

We are able to process FAFSA applications submitted after the priority deadline, however please be aware of the important considerations below and please see the final semester cut-off date guidelines at the very bottom of this page.

  • If you are starting to apply for financial aid any less than 3 weeks prior to the start of term or after being billed, then please make sure you are responding promptly to any needs.
  • We are almost always unable to process a federal loan for a previous term.
  • Until your financial aid is completely processed, you may be subject to late fees from the billing office.
  • If it is after the drop date and we are unable to process federal student loans for any reason, then you may need to make alternative payment arrangements or seek a private outside loan.

Award Notification

  • New students please note that all official notifications go only to your secure Goucher student e-mail.
  • 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 June or July for the upcoming year. (June/July 2020 for the 2020-2021 year beginning in Fall 2020.)
  • Please allow at least 2-3 weeks after submitting all required items to receive notification to your Goucher student e-mail.
  • Graduate students in education programs may have slightly 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 may require the financial aid to be revised. Please clarify if you are expecting discounts or benefits on your expected enrollment form.
  • 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

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).

Billing & Refunds

  • Electronic statements will usually display financial aid as anticipated aid, provided you have completed all steps and accepted your aid at least 2 weeks before the statement is issued.
  • Anticipated aid will disburse and be applied to your account 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 may 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.

Final Semester Cut-Off Date Guidelines

Of course we will always do our best to try and process financial aid for a graduate student as soon as possible. However, it is highly unlikely that we will still be able to process federal financial aid for a particular semester if it is after the date indicated here. If it is after this date, you may need to seek a private student loan instead or make other payment arrangements. Both the correct year FAFSA and Goucher's Expected Enrollment form need to be on file by the date indicated. PLEASE NOTE that it takes about 3-5 business days for us to receive a FAFSA after it is submitted. If you have not submitted a FAFSA, then it should be submitted 1 week prior to the date indicated here. SUMMER APPLICANTS: Also please note that the FAFSA cut-off date is June 30 every year, so the FAFSA deadline for Summer is much earlier than the deadline indicated here.

Term FAFSA Year FAFSA and Exp. Enrollment form on file
Summer 2020 (Term 1 only) 2019-2020 July 10, 2020
Summer 2020 (including Limited Residency) 2019-2020 August 7, 2020
Fall 2020 (Term 1 only) 2020-2021 September 25, 2020
Fall 2020 2020-2021 November 11, 2020
Winter (only) 2021 2020-2021 January 8, 2021
Spring 2021 (Term 1 only) 2020-2021 March 5, 2021
Winter/Spring 2021 2020-2021 April 30, 2021
Summer 2021 2020-2021 August 2, 2021

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