--- title: "Grants and Loans | Graduate" url: "/graduate/financial-aid" type: page date: 2026-05-26 updated: 2026-05-28 --- # Grants and Loans | Graduate Graduate Education Grants and Loans **Federal aid, state programs, and private loan options to help fund your graduate degree at Manhattan University.** Graduate students at Manhattan University have access to a range of funding sources designed to make advanced study more affordable. From federal loans and need-based grants to state-sponsored teaching incentives and private lender options, our financial aid pathways are built to support students at every stage of their graduate journey. Manhattan University recommends starting with federal financial aid, which typically offers the most favorable repayment terms, and then exploring additional grants, scholarships, and private loans to bridge any remaining gap. Image on Right Image ![graphic showing a persons hand holding illustrations for symbols for finance and money and a lightbulb in the center with a grad cap on](/sites/default/files/styles/4_3_327w/public/media/2026-05/graduate-loans-grants-3000x2000.jpg?h=aa2bb918&itok=IRT-bWgA) [Apply To Manhattan University](/graduate/admissions/apply) Federal Loans federal Federal Loans While the opportunities differ from undergraduate study, graduate students have meaningful options to secure federal financial aid through loan programs administered by the U.S. Department of Education. Federal Direct Unsubsidized Loan Independent graduate students may borrow funds through the William D. Ford Federal Direct Loan program. The U.S. Department of Education assigns borrowed loans to an affiliated servicer for repayment. [Learn More About Federal Loans](https://studentaid.gov/plus-app) [Learn More about Subsidized and Unsubsidized Loans](https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized) Image ![Federal student aid papers and small Square academic cap.](/sites/default/files/styles/4_3_327w/public/media/2026-05/federal-student-loans-3000x2000.jpg?h=c6980913&itok=Qf-Y8zPS) square white 1 Federal and State Grants fed-state-grants ## Federal and State Grants Grants provide financial assistance that does not need to be repaid when eligibility requirements are met. The following programs are available to qualifying graduate students. Please note that students in certificate programs are not eligible for these grants. ### TEACH Grant The TEACH Grant is a federal program that supports students preparing to teach in high-need fields at K-12 low-income schools. - Provides up to $4,000 per year for students in qualifying programs, with a maximum of $8,000 total across a graduate program - Requires full-time teaching service in a high-need field at a low-income school after graduation - Service must be completed within eight years of graduating or leaving the qualifying program, or the grant converts to a Federal Direct Unsubsidized Loan with interest that must be repaid in full - Teachers are responsible for securing qualifying employment independently; no formal placement assistance is provided by Manhattan University - This is a conditional, non-need-based grant for eligible students; it is not a loan - Part-time students receive prorated awards - Limits apply across all institutions attended combined ### New York State Math and Science Teaching Incentive Program This NYS program supports students pursuing careers as secondary math and science teachers in grades 7-12. Awards are made in exchange for five years of full-time employment as a secondary math or science teacher in New York State. **Eligibility requirements:** - U.S. citizen or eligible non-citizen - Attending a college located in New York State - Matriculated full-time in an approved undergraduate or graduate program at a degree-granting NYS institution, leading to a career as a secondary math or science teacher - Cumulative GPA of 2.5 or higher - Signed service contract agreeing to five years of full-time secondary math or science teaching in NYS - Not in default on any NYS or federal education loan, or in repayment of any NYS award - In compliance with the terms of any service condition imposed by a NYS award ### My Brother's Keeper (MBK) Grant Program New York State's My Brother's Keeper initiative encourages school districts, colleges, universities, and community groups to collaborate on programs that improve life outcomes for boys and young men of color. Grant opportunities support the development of strategies that help boys and young men of color, along with all students, reach their full potential. [Learn More about My Brother's Keeper Grant Program](https://nysed.gov/mbk) light 1 Scholarships scholarships Graduate Scholarships ### Mayor's Graduate Scholarship The Mayor's Graduate Scholarship is available to full-time New York City government employees pursuing graduate study at Manhattan University. - One student per graduate degree program is accepted each Manhattan University fiscal year (July 1 to June 30) - Provides a one-credit reduction per course for up to six courses, with a maximum of three courses per fiscal year - Applicants must be admitted to a Manhattan University graduate degree program and include a letter expressing interest in the scholarship [Learn More about Mayor's Graduate Scholarship](https://www.nyc.gov/site/dcas/agencies/mayors-graduate-scholarship.page) Image ![Scholarship cap on money](/sites/default/files/styles/4_3_327w/public/media/2026-05/scholarship-3000x2000.jpg?h=c6980913&itok=D68h_Kbp) square white 1 Private Loans ## Private Loans Manhattan University recommends pursuing federal financial aid first, as federal loans generally offer the most favorable repayment terms. When federal aid does not fully cover the cost of attendance, private loans can help bridge the remaining gap. Both degree-seeking and non-matriculated graduate students may qualify for private loan options. #### Recommended Private Lenders The following lenders are open to applicants nationwide and offer products designed for graduate students: - [**RISLA** — Rhode Island Student Loan Authority](https://www.risla.com/home-page) (open to all nationwide applicants) - [**KHEAA** — Advantage Education Loan](https://www.advantageeducationloan.com/ael/kael/homepage.faces) (open to all nationwide applicants) - [**Sallie Mae** — Graduate Student Loan](https://www.salliemae.com/) (open to all nationwide applicants) Additional information about private loans can be found on [Manhattan University's Financial Aid website](/admissions/financial-aid/loans-grants "Loans and Grants"). light 1 Content Prepare for the Real World At Manhattan University, your education is built around who you are and where you want to go. Whether you’re ready to apply or just starting to explore, take the next step when you’re ready — we’re here to help. [Apply Today](/admissions/apply) [Visit Manhattan University](/admissions/visit) [Request Information](/admissions/undergraduate/request-information) Image ![Aerial photo of Manhattan University](/sites/default/files/styles/4_3_327w/public/media/2026-03/drone-2025-3200x2400.jpg?h=9b8bd6ff&itok=xYR2ar43) landscape Hide filter UI Off dark 0 Explore graduate grants and loans at Manhattan University in NYC. Federal aid, NYS programs, TEACH Grant, scholarships, and private loan options.