Here’s how to pay for grad school without ending up with six figures of student loan debt:
Apply for gift aid - These can be grants or scholarships that don't have to be repaid.
Research fellowship options - This is a great option for someone who has an undergraduate degree and is pursuing more education.
Take advantage of assistantship opportunities - These can help you get on-the-job training and help pay for some of the cost of your degree.
Ask your employer for help - Many employers will offer to pay for all or some of your continuing education. Especially if it applies to your field of work.
Participate in a work-study program - Like an assistantship - this helps students learn on the job and make money to pay for their studies.
Apply for federal student loans - After you've tried all of the above options and you still need help with the cost of school you'll have to look into loans. Federal loans have a fixed interest rate. There are two types of loans that you will need to be aware of.
Compare private student loans - If you are still short after all of these options you can apply for a private loan. Unlike federal loans, there is no cap on how much you can borrow. However, some loans need to be paid for while you are in school.