Funding Resources

Federal Aid, Loans, and Veterans Benefits

Graduate students in the School of Interdisciplinary Arts and Sciences may be eligible for federal financial aid or loans. Individual eligibility will be determined based on several factors and can be explored through the information below.

Federal Financial Aid/FAFSA

Federal loans sometimes have lower interest rates and better repayment plans for students than other types of loans:

The UW Student Loan Guide has some very helpful information about the types of loans and what you can expect of the application process. Take a look at this guide for a general overview of graduate student federal aid and to learn more about your eligibility.

In order to receive a financial aid award package you need to start by filling out a FAFSA. The FAFSA is a federal form that should be prepared annually by prospective and current graduate students to determine their eligibility for student financial aid. All students are strongly encouraged to submit their initial or renewal FAFSA by mid-to-late February each year for priority consideration the following academic year. Read more about the UW Bothell Financial Aid application process.

Federal Perkins Loans are need-based and tend to have the lowest interest rates. Federal Direct Loans can be subsidized or unsubsidized. Direct subsidized loans are need-based and interest-free while in school. Eligibility for unsubsidized Direct loans are based on cost of the program minus any other financial aid you receive and are not interest-free while enrolled.

Federal Direct PLUS loans are also available for graduate and professional degree students to help cover educational expenses, though they do come with a higher interest rate than the Perkins or Direct loans. The PLUS loans are not based on need, but are based on credit. The Federal Direct PLUS loans often have a lower interest rate than a private loan.

Private Loans

There are a variety of options to take out private loans to help fund your graduate education. Sources for private loans include SallieMae, Discover, Citi, Chase, and many others. It is also a good idea to check with your bank to discuss their loan options. More information is available on private loans including an overview, certification, disbursement, and some ideas for lenders. Be sure to compare interest rates as some private loans can have very high rates.

Veterans Benefits

The UW Bothell Student Services Office provides information and assistance though Veterans Services. This includes the VA Tuition Reduction Program and other support. services for veterans and their families.