Apply as a graduate or professional student


Financing higher or professional studies is a challenge for many students. When students seek financial support for their studies, they should first turn to their academic department or vocational school for help. Students who wish to access the Federal Student Loans Program should be sure to file a FAFSA.

Grants and scholarships

The Financial Aid Office does not NOT award scholarships or scholarships to graduate students. The main source of information for these opportunities is the academic department or vocational school in which the student is enrolled or plans to enroll. These links can help:

School of Education Financial Aid Information – information on School of Education scholarships and graduate assistantships.

Law School Financial Aid Information – additional information for law students regarding financial aid, Virginia state tuition fees, and scholarships.

Mason School of Business Full-Time MBA Program Financial Aid Information – additional information for full-time MBA students regarding scholarships and graduate assistantships.

Arts and Science Funding Opportunities – a list of funding opportunities for students graduating from Arts and Science programs.

School of Ocean Sciences Funding Opportunities (VIMS) – a list of funding and award opportunities for current and prospective students of the School of Ocean Sciences.

Student loans

The Financial Aid Office can only offer student loans to graduate students. Students should determine how much to borrow based on their personal resources, the length of their program, and their ultimate career plans. If students think they will need help beyond scholarships, grants, or scholarships, the Office of Financial Aid offers student loans that will be helpful. However, students cannot borrow loans for more than the total cost of the student’s program, which includes some cost of living allowances. In order to qualify for Federal Title IV aid (Direct Unsubsidized and Direct Grad PLUS Loans), students must meet all eligibility requirements and file the FAFSA. Before you file the FAFSA, you should take a look at our list of common application errors.

Students should consider their loan debt (current and projected) and review their budgets to minimize expenses to avoid the temptation to borrow too much. Check out the loan repayment calculator at to get an idea of ​​what the monthly payments would be when your loan goes into repayment. It will also help determine the loan amount to borrow by projecting the potential debt. Here are the loan options available to graduate students:

If you want to borrow through the Federal Direct Loan Program (Unsubsidized Loan and Graduate PLUS Loan), follow the instructions below.

1) File the Free Federal Student Aid Application (FAFSA) at

Program start date
FAFSA to file
Spring 2022 2021-2022
Summer 2022 2021 – 2022
Fall 2022 2022 – 2023

2) Check your W&M email account for your electronic reward notification which will be generated after our office receives your FAFSA.

3) Follow the instructions outlined on the Loan Application Instructions page of our website. Make sure you sign a Master Promissory Note (MPN) for each type of loan you accept. Admission advice must also be completed for all loans borrowed at the graduate level.

4) Once all of the loan conditions have been met, the loans you have accepted will appear in your student account in Banner as “Authorized Aid” against your tuition fees.

Additional information

Deferred loan payments – Federal loans will be automatically deferred as long as you are enrolled at least part-time (4 credits per session). You can choose to pay the interest accrued during your studies if you can afford it. Please contact your loan officer for more information on how to do this. You can find information about your assigned loan manager on the website (sign in with your FSA ID and password).

Attendance fees and loan eligibility – Your loan eligibility will be based on the total cost of attendance for the at least half-time enrollment period. The cost of participation includes tuition per credit hour plus allowances for room, meals, and books / supplies. You can also ask to include the cost of purchasing a laptop and college health insurance coverage.

Disbursements and repayments of funds – The disbursement of loan funds will take place after the start of classes for each semester or session in which you are registered. In some cases, the disbursement will be maintained until the end of the deletion / addition period or your credits entered are 4 for the semester. If you are entitled to a repayment of excess loan funds, repayments will be processed in accordance with the institution’s repayment policy. You will find information on refunds on the Office of the Bursar website.

Withdrawal / Adjustment of aid – Adjustments to financial assistance may be necessary if you opt out. Federal loans are subject to the calculation of federal repayment. For more information on adjustments to your loans due to withdrawal, please visit the Office of the Bursar website at Withdrawals.

Financial assistance for health insurance coverage

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