Scholarships and grants can make it possible for you to go back to school to earn a master’s in education, even if you can’t afford much money out-of-pocket. Luckily, financial aid for educators who want to increase their own education is readily available; it is simply a matter of applying!
Scholarships versus Grants
Many students see scholarships and grants as the same thing, but they are actually slightly different. Both are “free” money for college (i.e., the money does not have to be repaid upon graduation), but scholarships are offered based on merit while grants are offered based on need. this is important to realize because if you’re already working as a teacher and making an income, you might not qualify for grants and if you aren’t prepared to write essays or show high GPA or test scores, you might not qualify for scholarships. Don’t waste your time applying for financial aid if you don’t meet the criteria!
There’s a third type of financial aid that fits into the scholarship versus grant equation that is of especial interest to most master’s degree students. As a graduate student, you’ll likely not find as many scholarships as you did as an undergrad. Instead, you’ll see fellowships, which are similar to scholarships (i.e., given based on merit), but while scholarships are usually no-strings-attached awards, fellowships come attached to specific responsibilities. For example, some fellowships are offered to masters in education students who are committed to specific research projects while in college and others require students to serve as teaching assistants or research assistants, helping professors at the college.
Specific Funds for Education Students
Are you ready to start applying for scholarships fellowships and grants Here are some that are available specifically to students earning their masters degree in education
International Reading Association
- Fund for Teachers
- National Association for Gifted Children
- National Education Association’s Foundation for the Improvement of Education
Keep in mind that many colleges also offer scholarships, grants, and other forms of financial aid directly to their students, so if you need money for college, the best place to start your search is often with the financial aid department at the college you’ll be attending.
Top Education Masters Degrees
Masters in Education degrees are becoming mandatory in many instances to become a teacher. Not to mention teachers with a Masters in Eduction degrees often times find better, higher paying teaching postions. Below you’ll find accredited schools offering Masters in Education degrees.