Finance Graduate Education

Overall, graduate students—when compared with undergraduates—received less grant aid and covered more expenses through earnings and loans. In 2019–20, 44.7 percent of all graduate students received some grant aid. More than half of research doctoral students received grant aid (51.5 percent), followed by professional and other doctoral students (46.1 percent) and master’s students (43.0 percent). Patterns of grant receipt across racial and ethnic groups varied by program type.