Graduate Funding Resources

If you have questions, we’re here to help. 

Email us at fas@roosevelt.edu or call (866) 421-0935. 

Invest in Your Future with Roosevelt

At Roosevelt University, we understand that investing in a graduate degree is a major step in your life. At Roosevelt, funding comes in these forms: 

Increase Your Lifetime Earnings

According to analysis from the Center on Education and the Workforce (CEW), earning a master’s degree increases lifetime earnings by:

  • $800,000 more for business majors
  •  $800,000 more for physical sciences majors
  •  $600,000 more for education majors 

Most master's degree holders earn roughly $600,000–$800,000 more over a lifetime than those with only a bachelor’s degree, depending on their major and career path.

Frequently Asked Questions

Does Roosevelt University offer graduate assistantships?  

Yes, graduate assistantships fall into two categories:

  1. Department assistantships: These are 1-year offers for the first year of the program that come with partial tuition remission depending on the offer, as well as a small stipend. You would work with department faculty for 8-10 hours a week. To apply, you just need to mark “yes” to the question about assistantships in your graduate program application.
  2. Any graduate assistantships or on campus employment opportunities outside of department assistantships will be listed on Handshake, which you’ll have access to once you enroll in classes. Some of these assistantships come with tuition remission and stipend, and some are paid an hourly rate. Visit our student employment resource page for more information about Handshake and applying to these positions.

What is the cost of tuition for a Roosevelt graduate degree? 

Tuition is billed by credit hour registered at the graduate level. You can see the rate per credit hour on the Tuition and Fees page. The graduate admission team can help you with cost estimates depending on your graduate program. Feel free to reach out at gradadmission@roosevelt.edu.

Does FAFSA cover master's degrees? 

Yes. FAFSA can be used for master’s programs, but aid options differ from undergraduate funding. Graduate students are typically eligible for federal unsubsidized loans, Graduate PLUS loans (until changes effective July 1, 2026), work-study, and certain grants like the TEACH Grant—not Pell Grants.

Can you get a Pell Grant for graduate school? 

Generally, no. Pell Grants are limited to undergraduate students who have not yet earned a bachelor’s degree. The only narrow exception is for students enrolled in specific post‑baccalaureate teacher certification programs that meet strict federal requirements.

How do I apply for a federal student loan? 

You can apply for a federal student loan by completing the Free Application for Federal Student Aid (FAFSA). First, create your FSA ID through the StudentAid.gov account system, which lets you sign and submit the form. Then fill out and submit the FAFSA online via the official application portal. The FAFSA collects your financial information to determine your eligibility for federal loans, grants, and work‑study programs. After submitting, you’ll receive a Student Aid Report to review and correct if needed, and your school will later send you an aid offer where you can accept federal loans.

Does Roosevelt support Employer Tuition Reimbursement? 

Yes. Roosevelt University accepts employer tuition reimbursement as a way for students to fund—or partially fund—their degree programs. Many employers also allow these benefits to be used for job‑related professional development courses, and in some cases, for educational courses that are not directly tied to your current role.

Because tuition reimbursement policies vary widely by employer, it’s important to review the specifics of your company’s program before enrolling. To confirm whether your organization offers tuition reimbursement, reach out to your manager or supervisor, or contact your Human Resources representative for details.

If you have questions, we’re here to help. Email us at fas@roosevelt.edu or call (866) 421-0935.

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