Financial Aid, Graduate Assistantships, and Scholarships
Undergraduate and graduate students have access to several alternative sources of assistance to finance their education. Loans, grants, assistantships, and scholarships are available. Prospective students are encouraged to complete a Free Application for Federal Student Aid (FAFSA) since it used to determine eligibility for many financial aid programs.
Federal and State Aid
Federal aid for undergraduate and graduate students includes Federal Work-Study, Federal Direct Loans, and Federal Perkins Loans. Federal aid requires a completed FAFSA. Students interested in Federal Direct Loans must submit a loan application in addition to filing a FAFSA. First-time borrowers must attend a personal pre-loan interview before the loan is disbursed.
New York State's Tuition Assistance Program (TAP) helps eligible New York residents to pay tuition at approved schools in New York State. Depending on the academic year, an annual TAP award can be up to $5,000. Because TAP is a grant, it does not have to be paid back. Students must complete a FAFSA and the TAP application.
Baruch College’s Office of Financial Aid Services manages federal aid programs. The Office does not accept phone calls or email inquiries because federal law stipulates that confidential personal information be transmitted only in-person. The office is open for walk-in visits without an appointment weekdays from 9:00-5:00pm. It is located in Newman Library Building on the 8th floor.
Graduate AssistantshipsTraditional MPA and MSEd-HEA students are eligible to receive a Graduate Assistantship (GA). The assistantship involves part-time work with a professor or administrative office. GAs enhance their research skills, develop pedagogical abilities, and collaborate in the development of publications and projects.
Interested applicants should complete the assistantship section of the graduate study application. Once accepted, each GA is assigned for work with a professor for 18 hours per week. The positions are competitive, so an early application is strongly encouraged. The deadline for GA applications is April 1.
GAs may not hold a full-time job either inside or outside of Baruch College. Students who are accepted for the SPA in DC program may not hold an assistantship. Graduate assistants may apply for Federal Perkins Loans to assist with costs relating to their education.
Consolidated Edison MPA Scholarship: recognizes students who demonstrate financial need and high academic potential.
Donal E. Farley Scholarship: recognizes an in-state graduate student majoring in Public Administration for academic excellence, service to Baruch College, and contributions to his or her community, borough, or the city at large. The scholarship was established in honor of Senior Vice Chancellor Farley for his long and outstanding service to The City University of New York.
Hearst Fellowship in Nonprofit Management: recognize new or returning students preparing for careers in nonprofit management. The awards are one-year $1,500 fellowships for new or returning students.
Lewis Friedman Scholarship: recognizes a graduate student who has shown promise and innovation in the areas of public finance or government budgeting. The award is in the amount of $500.
Mary and Abraham D. Beame Scholarship: a $1,500 award that recognizes a new or returning graduate student preparing for a career in public service.
Stephen J. Jerome Scholarship: recognizes current students in the Higher Education Administration (HEA) program. Annual $3,000 scholarships for a specified number of students in the Higher Education Administration (HEA) program are available.
Mayor’s Graduate Scholarship: offers stipends for full-time City of New York employees to study for the MPA degree full- or part-time. The Department of Citywide Administrative Services (DCAS) administers the program and transfers applications to SPA’s Office of Graduate Admissions and Enrollment Services. Admission is competitive and students must hold a 3.2 overall GPA in the MPA program. Students must demonstrate financial need and are required to complete a FAFSA. The stipends are between $4,000-$5,000 and are provided each fall and spring semester. Applications are due April 1 for the fall and November 1 for the spring. Link to Mayor’s Graduate Scholarship for more information.
Hagedorn Scholarship: provides funds for BSPA, MPA, and MSEd students to offset the costs of tuition. Hagedorn Scholars are reimbursed for the cost of their tuition for each semester they are enrolled. Reimbursement may take up to two months after the fall or spring semester has begun. Once approved, awards are automatically renewed if eligibility standards are maintained. Newly-admitted undergraduate students must demonstrate a record of high academic achievement. High school transcripts will be examined. Current BSPA students must have a 3.2 GPA and enrollment must be as a full-time BSPA student at Baruch College. MPA and MSEd students must have a 3.2 GPA.
LCU Foundation Scholarship: provides awards of $5,000 for female public affairs undergraduate and graduate students. The LCU Foundation invests in the future of women with limited financial means who are pursuing public service careers. The aim is to ease the financial burden of New York City’s housing costs. Applicants must: 1) complete a LCU Scholarship Application that includes a one-page statement of public service career aspirations; 2) FAFSA. Students must earn less than $30,000 a year and have no, or very limited, assistance from family or other outside sources, and 3) possess a minimum grade point average of 3.0. Entering students will be evaluated based on their educational history.